Business diary

New head of British-Israel Chamber of Commerce

By Candice Krieger, January 14, 2010

Danny Seal, the former director of Bnei Akiva, has been appointed the new chief executive of the British-Israel Chamber of Commerce. He joins the B-ICC from a healthcare software company, where he worked as the director of operations.

Mr Seal said: “I am very excited to have been selected to lead such a prestigious organisation and am looking forward to working closely with Michael Ziff and the rest of the B-ICC board in further developing UK/Israel business and trade.”

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Israeli profs come to UK

By Candice Krieger, November 12, 2009

Israel’s ‘Silicon Valley’ heads to Oxford this Sunday. Israeli experts will be sharing their perspectives on Israel and the global economy at a conference at the Said Business School, Oxford University.

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Sir Stelios's holy admission

By Candice Krieger, November 12, 2009

With easyJet’s Luton to Tel Aviv service up and running, Sir Stelios Haji-Ioannou, the founder of the airline, who admits he has never been to Israel, says he “now has no excuse not to go”. Speaking at a British-Israel Chamber of Commerce breakfast last week, the entrepreneur was in jovial form as he addressed the audience: “Thank you for coming — but you should be on a flight to Tel Aviv.” And at £100 return, plenty probably are.

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JABE rebuilds trust

By Candice Krieger, November 12, 2009

How do you restore trust? This was the issue being debated at the Jewish Association for Business Ethics (JABE) annual dinner last week. A panel comprising Xstrata’s Mick Davis, property boss Nick Leslau and the Chief Rabbi was interviewed by Sky News’s Jeff Randall. The Chief Rabbi advised: “Surround yourself with people who are better than you, go for the win-win and never be in a situation where your win is at the cost of someone else’s loss.”

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£2.6m for sugar's pal

By Candice Krieger, October 15, 2009

Claude Littner, a friend of Lord Sugar and a regular on The Apprentice, is to collect £2.6m for his stake in Powerleague after the five-a-side football-centre operator agreed a £42.5m takeover by Patron Capital.

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A healthy chip for your burger

By Candice Krieger, October 15, 2009

A new invention by an Israeli start-up will bring a whole new meaning to burger and chips. MS-Tech is developing a hand-held food safety technology chip for consumers. Called the FoodScan 3000 — one of several sensors being developed by MS-Tech — it is a food contamination detector, which will give readings of food items to make sure they do not contain dangerous levels of bacteria. Within seconds, it will detect pathogens such as salmonella, E. coli and listeria.

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Dankner’s HSBC coup

By Candice Krieger, October 15, 2009

Israeli businessman Nochi Dankner’s company has signed an agreement to buy HSBC’s New York City headquarters for $330m. The building is located on Fifth Avenue.

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Middle East firms compete for £50k prize

By Candice Krieger, September 17, 2009

Israeli and Jordanian start-up companies have made it through to Seedcamp Week 2009, a competition hosted by early-stage investment fund Seedcamp, which was founded by Index Ventures’ Saul Klein and Reshma Sohoni, formerly of 3i. Twenty-one finalists — which include Talasim, a Jordanian online social network and photo sharing service, and YubiTech, an Israeli software provider that makes it easier to install mobile applications — will compete for a €50,000 investment. Seedcamp Week begins on Monday in central London (www.seedcamp.com).

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Wealthy club for Ronson

By Candice Krieger, August 27, 2009

Property chief Gerald Ronson is pooling together a club of wealthy investors for a new investment group to take advantage of property opportunities in current market conditions. Ronson’s Heron International is expected to invest as much as £75m in the fund and it is the first time Ronson has launched a fund open to third-party investment. Unfortunately, we understand that entry is by invitation-only.

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Leviev’s sale

By Candice Krieger, August 27, 2009

Billionaire Lev Leviev’s Africa-Israel Group has sold an undeveloped Miami property, known as Block 42, for $39m, less than half its original asking price of $88.7m. Ouch...

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