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Tech Israel

Daily Updates from Silicon Wadi for Wednesday, March 7, 2018

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An Air India aircraft seen parked on the tarmac at Terminal 3 of Indira Gandhi International Airport in New Delhi, India, May 18, 2012. (AP Photo/Kevin Frayer)

An upgrade in Israel's ties to the Gulf

In historic first, Air India cleared for Israel flights over Saudi Arabia

Tickets go on sale for thrice-weekly flights, starting March 22 and expected to shave nearly 2 hours off journey; El Al demands approval as well

Illustrative image of a suitcase full of cash (ungorf; iStock by Getty Images)

In battle with shadow economy, Israel looking to cap cash payments

By Shoshanna Solomon

Tax evaders and their customers will be fined under legislation that outlaws paying in cash for anything costing NIS 8,000 ($2,300) or more, says tax authority chief

A picture taken on March 6, 2018 shows a signed letter by Nobel Prize-winning physicist Albert Einstein dated 1928 concerning the formalization of the "Third Stage of the Theory of Relativity" on display at Winner's auction house in Jerusalem, prior to being auctioned later in the night with the rest of a series of nine. (AFP PHOTO / MENAHEM KAHANA)

Einstein letter on Theory of Relativity fetches $100,000 at Jerusalem auction

By AFP

1928 document on famed physicist’s groundbreaking theory was written during one of the ‘most exciting, feverish periods’ of his career

UK's Science Minister Sam Gyimah announcing the launch of BIRAX Ageing on March 6, 2018 (Courtesy)

UK sets up £5m fund for collaboration with Israel on aging process

By Shoshanna Solomon

Bezeq workers installing fiber optic cables. (Courtesy)

Bezeq cuts dividend payments, appoints interim directors

By Shoshanna Solomon

Controlling shareholder Shaul Elovitch and his son Or, who are embroiled in corruption probe, resign from board

When shots rang out again, we knew we had to storm the bus

30 years ago, as a member of the Yamam counter-terrorism unit, I helped rescue the ‘Mothers Bus’ hostages: Here’s how we pulled off that mission

View of the luxury towers in the Hatzameret neighborhood of Tel Aviv. September 22, 2016. (Miriam Alster/Flash90)

'In the end, it will hurt Israel'

Israel is ‘one of the world’s most generous tax havens,’ complains tax chief

By Simona Weinglass

Amendment 168, also known as the ‘Milchan Law,’ may have attracted tax evaders to Israel, warns Tax Authority director Moshe Asher, who has tried for years to cancel it

Pathologists examine the tissues and cells taken from the body during biopsy by looking at the fragments of tissue on a slide through a microscope (Motortion; iStock by Getty Images)

Israeli startup aims at disease diagnosis, helping pathologists process biopsies

By Shoshanna Solomon

Physicians searching body tissue for cancer is like analysts’ looking at satellite images for missiles, requiring similar technology, CEO of Nucleai says

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