Friday, March 2, 2012

The Miracle Continues....Walk Tall Israel

1.First-ever Bedouin commercial solar field licensed


This is the first license given in Israel for a solar project involving the Bedouin community. The $30 million installation will be established on private land and some 80% of the costs will be funded by the Overseas Private Investment Corporation (OPIC) of the US government. The Public Utility Authority (PUA) granted the Bedouin community in the Negev a license for a photovoltaic installation. Read More http://www.ynetnews.com/articles/0,7340,L-4186700,00.html 



2.Blackstone to make major investments in Israel


The Blackstone Group LP (NYSE: BX) will reportedly invest hundreds of millions of dollars in Israel, through a joint venture that it will set up with Markstone Capital Partners Group LLC. Markstone, headed by managing directors Ron Lubash and Amir Kess, will apparently become Blackstone's exclusive representative in Israel. Markstone will seek Israeli companies in which the two private equity funds will invest. Blackstone, with $166.2 billion in assets under management, is the world's largest private equity fund. COMMENT: Money Talks and BS walks.



3."Israel's gas reserves worth $130b"

Israel's natural gas reserves are worth $100-130 billion, in non-capitalized values, a senior official who accompanies Prime Minister Benjamin Netanyahu on Thursday's visit to Cyprus said in a press conference. This valuation is the basis for the sovereign fund for oil and gas royalties that will be set up. He added that that the gas discoveries in Israeli waters could be double the known discoveries to date.



4.Goldman Sachs buys 10% of Viola Group



Goldman Sachs paid $20 million for the stake in Viola Group, which manages $2 billion in investments. Goldman Sachs is one of the biggest foreign investors in Israel. It acquires stakes in companies, mostly in high tech, and has made ten investments in Israeli companies to date. Sources inform ''Globes'' that it has invested over $250 million in Israeli companies in the past few years. COMMENT: Small potatoes right now, but when added up....Huge!


5.Israeli village for earthquake victims inaugurated in Turkey


Three months after an earthquake hit the Van region in Turkey and caused the death of hundreds and left thousands wounded and homeless, an "Israeli village" was inaugurated on Monday with 130 mobile homes donated by Israel to the Turkish survivors. '"Only true friends help with such speed and concern," stressed the Turks. Read more..... http://www.ynetnews.com/articles/0,7340,L-4189585,00.html 



6.Unemployment rate at historic low in Q4 2011


The unemployment rate fell to an all-time low of 5.4% of the civilian labor force in the fourth quarter of 2011 from 5.6% in the preceding quarter, the Central Bureau of Statistics reported today. Tel Aviv had the lowest unemployment rate among cities with more than 100,000 residents, at 4.4% in 2011, down from 5.7% in 2010.


7.Israel named world's 2nd-best clean tech innovator


Going green, going strong: Israel is among the top-three nations worldwide that provide the best conditions for clean technology startup companies, a recent ranking by the CleanTech Group stated. Topping the list was Denmark, followed by Israel, Sweden, Finland and the United States.


Israel is one of the few countries in the world that truly likes and  admires the United States.


Israel is the only country in the world where patients visiting physicians end up giving

the doctor advice.


Fun Fact: Jerusalem is mentioned over 700 times in Tanach, the Jewish Holy Scriptures. Jerusalem is not mentioned even once in the Koran


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