Lev Leviev loses out

Not such a good week for Lev Leviev. The billionaire lost his place as Israel's top diamond exporter. Number one spot, published by Diamond Supervisor Shmuel Mordechai, went to Leo Schachter. His company exported $403m worth in 2011.

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Jay-Z invests in Israeli technology

It may seem like an unlikely pairing but US hip-hop star Jay-Z is the new face of Israel/US start-up Duracell Powermat. Jay-Z, whose wife Beyoncé this month gave birth to their first child, will serve as the new spokesman for the company and as an investor.

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Who's boss at Leumi?

The race to succeed Galia Maor as CEO of Bank Leumi took off this month. It seems there are three more candidates in addtition to frontrunners, deputy CEO Rakefet Russak-Aminach and Roni Hizkiyahu, former Supervisor of Banks.

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Salmon firm's Olympic slice

David Cameron gave a ringing message of support for Israel this week, telling the community's biggest charity dinner that after more than 100 rockets had been fired into Israel from Gaza in one year, the country had been "within its rights to search vessels bringing cargo into Gaza".

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Zabludowicz's boost to Israeli cyber surfers

Poju Zabludowicz's private investment group Tamares has been named the winning bidder by the government for Israel's second Mediterranean telecomes pipeline.

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End of era for Anglo American

Diamond billionaire Nicky Oppen-heimer is retiring as non-executive director of Anglo American, after 37 years with the company.

The South African's announcements brings an end to an era for the firm, one of the world's largest mining companies, which was founded by Oppenheimer's grandfather Sir Ernest Oppenheimer as there will no longer be a family member on the board.

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leeds accountant lands top director gong

Leeds businessman Colin Glass has been crowned the non-executive director of the year.

Mr Glass was honoured at the Grant Thornton Quoted Company Awards organised by Growth Company Investor magazine. He runs accountancy firm Winburn Glass Norfolk (WGN) and is a non-executive director of the AIM-listed Surgical Innovations plc, GETECG plc and Straight plc, in addition to several private firms. He is chairman of the British-Israel Chamber of Commerce (North East) and a member of the Etz Chaim Synagogue.

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