Israel–South Korea Relations
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Israel–South Korea Relations
Israel–South Korea relations refers to the diplomatic, commercial and cultural ties between Israel and South Korea. South Korea has maintained relations with Israel since 1948, and in 1962 both states initiated official diplomatic relations. Israel and South Korea have expressed interest in strengthening the relationship in all areas, particularly defence, but also renewable energy, science and technology, and bilateral trade. Israel and South Korea signed a free trade agreement in 2021. Israel recognizes the Republic of Korea as the sole legitimate government in the Korean Peninsula and has never recognized the legitimacy of North Korea, which has also never recognized Israel. Early history Korea and Israel established official diplomatic relations on April 10, 1962.RoK Ministry of For ...
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Israel
Israel (; he, יִשְׂרָאֵל, ; ar, إِسْرَائِيل, ), officially the State of Israel ( he, מְדִינַת יִשְׂרָאֵל, label=none, translit=Medīnat Yīsrāʾēl; ), is a country in Western Asia. It is situated on the southeastern shore of the Mediterranean Sea and the northern shore of the Red Sea, and shares borders with Lebanon to the north, Syria to the northeast, Jordan to the east, and Egypt to the southwest. Israel also is bordered by the Palestinian territories of the West Bank and the Gaza Strip to the east and west, respectively. Tel Aviv is the economic and technological center of the country, while its seat of government is in its proclaimed capital of Jerusalem, although Israeli sovereignty over East Jerusalem is unrecognized internationally. The land held by present-day Israel witnessed some of the earliest human occupations outside Africa and was among the earliest known sites of agriculture. It was inhabited by the Canaanites ...
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Weizmann Institute
The Weizmann Institute of Science ( he, מכון ויצמן למדע ''Machon Vaitzman LeMada'') is a public research university in Rehovot, Israel, established in 1934, 14 years before the State of Israel. It differs from other Israeli universities in that it offers only postgraduate degrees in the natural and exact sciences. It is a multidisciplinary research center, with around 3,800 scientists, postdoctoral fellows, Ph.D. and M.Sc. students, and scientific, technical, and administrative staff working at the institute. As of 2019, six Nobel laureates and three Turing Award winners have been associated with the Weizmann Institute of Science. History Founded in 1934 by Chaim Weizmann and his first team, among them Benjamin M. Bloch, as the Daniel Sieff Research Institute. Weizmann had offered the post of director to Nobel Prize laureate Fritz Haber, but took over the directorship himself after Haber's death en route to Palestine. Before he became President of the State ...
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Israeli Defence Forces
The Israel Defense Forces (IDF; he, צְבָא הַהֲגָנָה לְיִשְׂרָאֵל , ), alternatively referred to by the Hebrew-language acronym (), is the national military of the State of Israel. It consists of three service branches: the Israeli Ground Forces, the Israeli Air Force, and the Israeli Navy. It is the sole military wing of the Israeli security apparatus, and has no civilian jurisdiction within Israel. The IDF is headed by the Chief of the General Staff, who is subordinate to the Israeli Defense Minister. On the orders of David Ben-Gurion, the IDF was formed on 26 May 1948 and began to operate as a conscript military, drawing its initial recruits from the already-existing paramilitaries of the Yishuv—namely Haganah, the Irgun, and Lehi. Since its formation shortly after the Israeli Declaration of Independence, the IDF has participated in every armed conflict involving Israel. While it originally operated on three major fronts—against Lebanon and ...
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Alenia Aermacchi M-346 Master
The Aermacchi M-346 Master is a family of military twin-engine transonic advanced jet trainers and light combat aircraft. Originally co-developed with Yakovlev as the Yak/AEM-130, the partnership was dissolved in 2000 and then Alenia Aermacchi proceeded to separately develop the M-346 Master, while Yakolev continued work on the Yakovlev Yak-130. The first flight of the M-346 was performed in 2004. The type is currently operated by the air forces of Italy, Israel, Singapore, and Poland. Since 2016 the manufacturer became Leonardo-Finmeccanica as Alenia Aermacchi merged into the new Finmeccanica, finally rebranded as Leonardo in 2017. Development In 1992, Aermacchi signed a cooperation agreement with Yakovlev to provide financial and technical support for the new trainer that the firm had been developing since 1991 for the Russian Air Force in competition with the Mikoyan MiG-AT. Aermacchi also gained the right to modify and market the aircraft for the Western market. The resultin ...
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IAI Harpy
The IAI Harpy is a loitering munition produced by Israel Aerospace Industries. The Harpy is designed to attack radar systems and is optimised for the suppression of enemy air defences (SEAD) role. It carries a high explosive warhead. The Harpy has been sold to several foreign nations, including South Korea, Turkey, India, and China. History In 2004, the Harpy became the focus of the effort by the United States to restrict arms transfers and the sales of advanced military technology to China. Sold to China in 1994 for around US$55 million, the loitering munitions were returned to Israel in 2004 under contract to be upgraded. The United States, fearing that the Harpy would pose a threat to Taiwanese and American forces in the case of a war with China, demanded that Israel seize the loitering munitions and nullify the contract. According to Israel, the Harpy is an indigenously designed loitering munitions. It does not contain any US-produced sub-systems. In 2005, the loitering muni ...
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The Times Of Israel
''The Times of Israel'' is an Israeli multi-language online newspaper that was launched in 2012. It was co-founded by Israeli journalist David Horovitz, who is also the founding editor, and American billionaire investor Seth Klarman.Forbes: The World's Billionaires: Seth Klarman
April 2014
Based in , it "documents developments in Israel, the Middle East and around the ." Along with its original English site, ''The Times of Israel'' publishes in

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Jerusalem
Jerusalem (; he, יְרוּשָׁלַיִם ; ar, القُدس ) (combining the Biblical and common usage Arabic names); grc, Ἱερουσαλήμ/Ἰεροσόλυμα, Hierousalḗm/Hierosóluma; hy, Երուսաղեմ, Erusałēm. is a city in Western Asia. Situated on a plateau in the Judaean Mountains between the Mediterranean Sea, Mediterranean and the Dead Sea, it is one of the List of oldest continuously inhabited cities, oldest cities in the world and is considered to be a holy city for the three major Abrahamic religions: Judaism, Christianity, and Islam. Both Israelis and Palestinians claim Jerusalem as their Capital city, capital, as Israel maintains its primary governmental institutions there and the State of Palestine ultimately foresees it as its seat of power. Because of this dispute, Status of Jerusalem, neither claim is widely recognized internationally. Throughout History of Jerusalem, its long history, Jerusalem has been destroyed at least twice, Sie ...
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King David Hotel
The King David Hotel ( he, מלון המלך דוד, Malon ha-Melekh David; ar, فندق الملك داود) is a 5-star hotel in Jerusalem and a member of The Leading Hotels of the World. Opened in 1931, the hotel was built with locally quarried pink limestone and was founded by Ezra Mosseri, a wealthy Egyptian Jewish banker. It is located on King David Street in the centre of Jerusalem, overlooking the Old City and Mount Zion. It is named after David, a Biblical king. The hotel, owned and operated by the Dan Hotels group, has traditionally been the chosen venue for hosting heads of state, dignitaries, and other personalities during their visits to Jerusalem. It is also famous for having been targeted by a terrorist bombing in 1946 undertaken by the Zionist paramilitary group Irgun, in which 91 people died. History British Mandate of Palestine In 1929, Palestine Hotels Ltd. purchased on Jerusalem's Julian's Way, today King David Street. Half the construction costs were ...
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Shimon Peres
Shimon Peres (; he, שמעון פרס ; born Szymon Perski; 2 August 1923 – 28 September 2016) was an Israeli politician who served as the eighth prime minister of Israel from 1984 to 1986 and from 1995 to 1996 and as the ninth president of Israel from 2007 to 2014. He was a member of twelve cabinets and represented five political parties in a political career spanning 70 years. Peres was elected to the Knesset in November 1959 and except for a three-month-long interregnum in early 2006, served as a member of the Knesset continuously until he was elected president in 2007. Serving in the Knesset for 48 years (with the first uninterrupted stretch lasting more than 46 years), Peres is the longest serving member in the Knesset's history. At the time of his retirement from politics in 2014, he was the world's oldest head of state and was considered the last link to Israel's founding generation. From a young age, he was renowned for his oratorical brilliance, and was chosen as a ...
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Merger And Acquisition
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must comp ...
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Rehovot
Rehovot ( he, רְחוֹבוֹת ''Rəḥōvōt'', ar, رحوڤوت ''Reḥūfūt'') is a city in the Central District of Israel, about south of Tel Aviv. In it had a population of . Etymology Israel Belkind, founder of the Bilu movement, proposed the name "Rehovot" (lit. 'wide expanses') based on Genesis 26:22: "And he called the name of it ''Rehoboth''; and he said: 'For now the Lord hath made room for us, and we shall be fruitful in the land'." This Bible verse is also inscribed in the city's logo. The biblical town of '' Rehoboth'' was located in the Negev Desert. History Ottoman era Rehovot was established in 1890 by pioneers of the First Aliyah on the coastal plain near a site called ''Khirbat Deiran'', an "abandoned or sparsely populated" estate, which now lies in the center of the built-up area of the city. According to Marom, Deiran offered "a convenient launching pad for early land purchase initiatives which shaped the pattern of Jewish settlement until the b ...
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Venture Capital
Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which have demonstrated high growth (in terms of number of employees, annual revenue, scale of operations, etc). Venture capital firms or funds invest in these early-stage companies in exchange for equity, or an ownership stake. Venture capitalists take on the risk of financing risky start-ups in the hopes that some of the firms they support will become successful. Because startups face high uncertainty, VC investments have high rates of failure. The start-ups are usually based on an innovative technology or business model and they are usually from high technology industries, such as information technology (IT), clean technology or biotechnology. The typical venture capital investment occurs after an initial "seed funding" round. The first ro ...
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