Israel

It's been 33 years since Egypt's President Anwar El Sadat visited Israel. He then became the first ever Arab leader to engage with Jewish state. Though the United States brokered peace between the two nations, recent political developments suggest that things could go off balance in the coming months.

Israel-based IT services provider Ness Technologies is looking to buy two companies in India in the outsourced product development and financial services areas by the end of next year.

Even as Harry Potter (the protagonist) defeats Voldemort (the evil wizard) in the last series J.K. Rowling’s Harry Potter and the Deathly Hallows, grave of a dead Harry Potter is drawing tourists in the Israeli town of Ramle.

Russian President Dmitry Medvedev is planning an official visit to Israel in January next year, the Haaretz reported on Wednesday. This will be the first Russian presidential visit to Israel in almost five years. It was in 2005 that Vladimir Putin met Ariel Sharon, which improved the bilateral ties between the countries.

Israel is to discuss a 90-day construction freeze in West Bank proposed by the United States, sources say. At the recent Washington meeting between Israeli Prime minister Binyamin Netanyahu and Secretary of State, Hillary Clinton, US reportedly proposed an incentive package to reinstate a moratorium on West Bank settlement building. However, the proposal does not include a suspension of settlement activity in East Jerusalem.

Israel is expected to provide favorable environment for the companies which are planning to roll out electric cars.

As Palestine marks the death anniversary of former PLO chairman Yasser Arafat, his legacy is seen fading, while the Palestinian cause is sorely missing the leadership he offered.

Combat aircraft accounted for one-third share in worldwide transfers of major weapons in the past five years, says a report on Wednesday.

The Group of 20 (G20) leaders in Seoul could not thrash out any agreement on contentious forex and currency issues though talks ran through past midnight on Wednesday, said a spokesman at the summit media hall on Thursday morning.