Uriel Lynn said at a Euromed conference in Rome earlier this month that 45% of foreign investment in the Middle East (Jordan. Syria, Egypt, Tunis, Morocco, Israel, Lebanon, Algeria) by residents of European Union countries, amounting to $3.7 billion, was

Austrian Airlines took last month the Civil Aviation Authority (CAA) to the High Court over its decision not to allow the airline to schedule three additional weekly flights on the Tel Aviv-Vienna route

Zim Integrated Shipping Ltd, part of the Israel Corp. group, reported a $65 million profit in the 1st quarter of 2005, compared with $17 million in the 1st quarter of 2004

According to figures published by the Israel Export and International Cooperation Institute, during the first quarter of 2005, 66 Israeli companies exported to Iraq , mainly to the US Army

Israel and India signed last week an agreement to set up a mutual research and development fund to be funded by $1 million from each side

The economic department of the Federation of Israeli Chambers of Commerce reported last week that the bilateral Israel-China trade balance, which totaled $2.1 billion in 2004, grew by 38% in January-April 2005

EL AL Israel Airlines petitioned the High Court of Justice last week after learning that the Antitrust Authority director general Dror Strum was considering declaringthe airline a monopoly on four routes

A Brazilian business & industrial delegation visited Israel last week as guests of the Israel Export and International Cooperation Institute