IEC execs remand extended in Siemens bribery affair
Six men are suspected of offenses ranging from receiving bribes and breach of trust, to money laundering. /Hedy Cohen and Gur Megiddo/ The Tel Aviv Magistrates Court has extended the remand of six senior Israel More...
ISA arrests IEC managers in Siemens bribery affair
– The Israel Securities Authority has made further arrests in connection with suspected bribery at Israel Electric Corporation. – The gag order barring reports that the Israel Securities Authority More...
Tel Aviv Court Rejects Siemens’ Request To Move IEC Bribery Case To Germany
– The Central District Court dismissed Siemens’ motion to move the IEC suit to Germany.– – The lawsuit by Israel Electric Corporation (IEC) (TASE: ELEC.B22) against Siemens AG (NYSE: More...
Tender: Israel Electric Corporation (IEC) to Raise About $2.3 Billion Over 2 Years
– The offering will be through private placements, probably of ten-year bonds. – – Israel Electric Corporation (IEC) (TASE: ELEC.B22) is preparing to raise NIS 8 billion ($2.3 billion) More...
$3 Billion Cyprus Gas Contract Up For Grabs
– Cyprus seeks to buy gas in a ten-year contract worth some $3 billion. – – Israeli natural gas suppliers have the best chances of winning a $3 billion natural gas supply tender published More...
Israeli Antitrust Authority Chief : ‘If Delek Group and Noble Energy Don’t Meet Conditions for Competition, I’ll Fight in Court to Take Away Leviathan’
– – Antitrust Authority director general David Gilo mentioned the negotiations with the partners in the Leviathan natural gas field over his options and attempts to create competition out of More...
E&Y: Tamar And Leviathan Gas Fields Worth $52 Billion To Israel
– E&Y Israel partner Shlomo Alfia estimates the savings at $42 billion and the government’s take at $10 billion in capitalization value. – – The natural gas in the Tamar and Leviathan More...