Israel & Russia form agricultural cooperation agreement
07.12.09
Israel & Russia form agricultural cooperation agreement
The two countries agreed last week on an initiative to form a permanent joint committee of agricultural cooperation between them
Ministry of Finance decided to postpone ports tariff reform
07.12.09
Ministry of Finance decided to postpone ports tariff reform
The Ministry of Finance has postponed by six months the reform in wharfage fees at the three Israeli ports
IMF delegation in Israel to learn how Israel successfully coped with the crisis
07.12.09
IMF delegation in Israel to learn how Israel successfully coped with the crisis
The mission consists of four economists, with Peter Doyle, Division Chief in the European Department in the IMF, as mission chief
BMI announced suspension of Tel Aviv flights
30.11.09
BMI announced suspension of Tel Aviv flights
The scrapping is part of sweeping cost-cutting measures. The carrier is cutting at least 600 jobs and is reducing its fleet of jets
Bank of Israel raises key rate to 1% amid economic rebound
30.11.09
Bank of Israel raises key rate to 1% amid economic rebound
The bank said the move comes as it pegged inflation in October at 2.9%, and said the inflation rate is expected to exceed its target of 1% to 3% in coming months
Zim loss in 3Q surges - US$208 million
30.11.09
Zim loss in 3Q surges - US$208 million
Revenue slumped 50% to US$596 million from US$1.18 billion a year earlier on lower container volume and weaker freight rates
ZIM slows down vessels to reduce CO2 and NOx emissions
30.11.09
ZIM slows down vessels to reduce CO2 and NOx emissions
The company will add a TEU4,250 vessel to each service in order to maintain similar levels of service in terms of frequency and minor changes in transit times
El Al Israel Airlines Q3 profit – US$12.3M
30.11.09
El Al Israel Airlines Q3 profit – US$12.3M
Revenues fell 18% to US$496.1 million for the third quarter from US$606.9 million for the corresponding quarter