VENTURE CAPITAL POST

Palestinian-American entrepreneur Zahi Khouri teamed up with Palestinian investors to build a Coca-Cola manufacturing plant in the Gaza Strip. This new factory would provide direct jobs for 250 people and indirectly support 1,000 local families. This move is one of the first and most significant economic development in Gaza after the end of the war in 2014.

ISIS (Islamic State in Iraq and Syria) has begun selling Iraqi crude oil to Syria, against which the Islamic militant group has been fighting to take over the country.

It appears that a supergiant gas field was recently discovered in an Egyptian coast by an Italian oil group called 'Eni'. According to a recent report by Telegraph, "a supergiant gas field holding the equivalent of 5.5 billion barrels of oil has been discovered off the coast of Egypt, the largest ever find in the Mediterranean."

Western and Middle East insurance specialists see Iran as an appealing $8 billion (£5 billion) market in the wake of its nuclear deal with world powers, though uncertainty over when sanctions on Tehran will be lifted means they are treating the country with caution.

Google-owned online mapping company Waze is launching a carpooling pilot program in Israel where commuters pay fellow drivers a small fee for a ride to and from work.

An upset victory by Israel's centre-left opposition in Tuesday's election could be a welcome change for a business and corporate sector eager for the "peace dividend" that might come with a government willing to talk with the Palestinians.

Israel's defense minister arrived in India on Wednesday to help sell his country's arms industry to the world's largest defense importer and promote deepening military ties between the two nations.

A previously undisclosed hacking campaign against military targets in Israel and Europe is probably backed by a country that misused security-testing software t

Iranian hackers have infiltrated some of the world's top energy, transport and infrastructure companies over the past two years in a campaign that could allow them to eventually cause physical damage, according to U.S. cyber security firm Cylance.

Telecoms group Altice SA (ATCE.AS) has agreed to buy the Portuguese operations of Brazil's Grupo Oi (OIBR3.SA) for about 7.4 billion euros ($9.2 billion), in what will be its third large acquisition this year.

The United States is in the midst of renewing its 35-year-old commitment to supply Israel with oil in emergency situations after the pact expired on Tuesday, a U.S. State Department official said.

An Israeli company says it has developed technology that can charge a mobile phone in a few seconds and an electric car in minutes, advances that could transform two of the world's most dynamic consumer industries.

Israeli defense electronics company Elbit Systems said its U.S. subsidiary, Elbit Systems of America, won a $12.7 million contract to provide Apache Aviator Integrated Helmets to the U.S. Army helicopter fleet.

Israel's finance and economy ministries on Monday approved a plan by Intel Corp to invest $6 billion in the upgrade of its chip manufacturing plant, in what would be the largest single investment by a foreign company in the country.

Volatility spiked on Thursday after the tragedy of a downed civilian jetliner in Ukraine and the mounting death toll in Gaza and Israel interrupted the summer trading slumber.