ISRAEL

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Abbas, Mubarak discuss peace at Egyptian resort

SHARM EL-SHEIKH, Egypt (Reuters) - Palestinian President Mahmoud Abbas gave no indication on Monday of any resumption soon of peace talks with Israel, despite optimism of progress voiced by officials on both sides. Abbas met Egyptian President Hosni Mubarak at the Egyptian resort of Sharm el-Sheikh, but did not make any comment at a brief news conference about Israeli Prime Minister Benjamin Netanyahu's proposal for an Egyptian-hosted summit with Abbas.Israel, Egypt and the United States wa...

Netanyahu proposes Egypt peace summit

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Israeli Prime Minister Benjamin Netanyahu has proposed an Egyptian-hosted summit with Palestinian President Mahmoud Abbas as a possible way to resume stalled peace talks, Israeli officials said on Thursday.
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Signs of movement seen in stalled Mideast process

Israeli and Palestinian officials suggested on Wednesday progress had been made towards resuming negotiations following Egyptian-Israeli talks on a year-long deadlock in the Middle East peace process.
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Israel won't pay any price to free soldier

A German mediator arrived in the Gaza Strip on Tuesday with Israel's response to a proposed deal with Hamas to secure the release of a captured Israel soldier in exchange for hundreds of Palestinian prisoners.
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Netanyahu holds marathon talks on Israel-Hamas swap

Israeli Prime Minister Benjamin Netanyahu held marathon talks with cabinet ministers on Monday but without any announcement for a prisoner swap with Gaza's Hamas rulers to secure the release of a captured soldier.
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OncoGenex, Teva in deal for cancer therapy

OncoGenex Pharmaceuticals Inc (OGXI.O) has entered into a licensing deal with Israel's Teva Pharmaceutical Industries Ltd (TEVA.O) (TEVA.TA) for its cancer therapy, and said Teva will make an equity investment in the U.S. company.
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PLO keeps Abbas as Palestinian president

The Palestine Liberation Organisation (PLO) on Wednesday extended until further notice the tenure of Mahmoud Abbas as president of the Palestinian Authority, PLO officials told Reuters.
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FACTBOX-Global interest rates in 2009

Australia's central bank raised interest rates for a record third successive month earlier in December, pulling further back from emergency lows as the economy gallops ahead of its peers in the developed world.
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Spymaster sees Israel as world cyberwar leader

Israel is using its civilian technological advances to enhance cyberwarfare capabilities, the senior Israeli spymaster said on Tuesday in a rare public disclosure about the secret program.
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Dalia, Tamar consortium to sign $1 bln natgas deal

A consortium drilling for natural gas off Israel's Mediterranean coast said on Tuesday it signed a non-binding, $1 billion deal to supply Dalia Power Energies Ltd with 200 billion cubic feet of gas over 17 years.
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Iran worked on atom bomb part in 2007 - report

Iran worked on testing a key component of a nuclear bomb as recently as 2007, a British newspaper said on Monday, a finding which if proven would be at odds with Iran's assertion its nuclear work is for civilian use.
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Motorola agrees to sell Israel's MIRS to Drahi

The controlling shareholder in Cool Holding has agreed to buy mobile phone operator MIRS from Motorola's (MOT.N) Israeli subsidiary for $170 million in cash, cable TV company HOT (HOT.TA) said on Thursday.
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Egypt reported working on Gaza border wall

Egyptian earth-moving machinery was at work on the Gaza Strip border on Wednesday and an Israeli newspaper said a project was under way to build a subterranean metal wall to block Palestinian smuggling tunnels.
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Thousands in Jerusalem protest settlement freeze

Thousands of Jewish West Bank settlers and their supporters demonstrated near the official residence of Prime Minister Benjamin Netanyahu in Jerusalem on Wednesday to protest his 10-month building freeze.
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Haifa Chems, Citi agree emissions trading deal

Haifa Chemicals and Citi (C.N) said on Wednesday they had agreed to sell certified emission reduction (CER) credits after the Israeli company acquired new technology to cut its greenhouse gases.
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Iran says former deputy defence minister held by U.S.

Iran believes the United States is holding a former deputy defence minister who disappeared in 2007 and 10 other Iranian nationals, according to a list carried by the semi-official Mehr news agency on Wednesday.
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Other rumbles in the Iran nuclear storm

In the sound and fury following the U.N. nuclear governors' censure of Iran last week for its cover-up of a second uranium enrichment site, and Tehran's rejection of a nuclear cooperation deal with world powers, a broader, festering issue was obscured.
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Iran rejects IAEA transparency demand on atom sites

Iran said it will provide the U.N. nuclear watchdog with the bare minimum of information about its plan to build 10 new uranium enrichment plants, a stance sure to stoke Western suspicions about its atomic agenda.

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