Israeli GDP grew by 4.1% in 2008
05.01.09
Israeli GDP grew by 4.1% in 2008
According to CBS this is its slowest pace in 5 years. Per capita GDP growth was a preliminary 2.2% this year, compared with an OECD average of 0.8%
Israel's population grew 1.8% in 2008
05.01.09
Israel's population grew 1.8% in 2008
The number of people in Israel is up to 7,373,000. 75.5% (5.57 million) are Jewish, and 20.2% (1.49 million) are Arabs
Fischer drops interest rate to 1.75%
05.01.09
Fischer drops interest rate to 1.75%
According to the Bank of Israel the new interest is intended to help cut the cost of credit and tostrengthen the economy's ability to handle the slowdown
OOCL announced improved service to Israel
05.01.09
OOCL announced improved service to Israel
The Asia Black Sea Express service (ABX) will call at the Egyptian port of Damietta on bi-weekly frequency which will allow doubling the capacity from the Far East to Israel
Ashdod Port operating normally
05.01.09
Ashdod Port operating normally
Despite the Grad-Katyusha rocket attacks on the city of Ashdod no ship deviated or left the port. Port of Haifa: all necessary steps taken to back Ashdod Port
Idan Ofer, Chairman of Israel Corporation and Zim
05.01.09
Salaries of top executives at Israel Corp & Zim to be cut by tenth
Effective through 2009 and in light of the economic slowdown. Chairman of Israel Corporation, Idan Ofer, and CEO, Nir Gilad, will both cut their pay by 10%
ZIM and MSC will Swap Slots on their Israel- Adriatic Strings
05.01.09
ZIM and MSC will Swap Slots on their Israel- Adriatic Strings
MSC and ZIM agreed to swap slots on their Israel – Adriatic lines. MSC’s Adriatic Service and ZIM's ADX Service
FAA Changes Israel’s Aviation Safety Rating to Category 2
29.12.08
FAA Changes Israel’s Aviation Safety Rating to Category 2
The reason for the change in status is flight safety problems and oversight issues that have not yet been solved