Israel Greece joint economic committee met last week
11.06.07
Israel Greece joint economic committee met last week
During the four-year period of 2000-2006, bilateral trade increased by 78%. The main Israeli exports to Greece are chemicals (29%), high tech (27%) and plastics and rubber
Mofaz (L) and Mitz. long awaited railway line
11.06.07
Transportation Minister Shaul Mofaz intends to examine Eilat port potential
Mofaz expressed his commitment to the port as a strategic port to the Israeli economy. The question of linking Eilat port to the Israeli railway network was the main issue raised by the port managing director
Government to pay El Al's security costs in return for open skies compromise ?
11.06.07
Government to pay El Al's security costs in return for open skies compromise ?
The government currently pays half of El Al's security costs, which total about $50 million annually. Such a change, if accepted, would bring about increased competition
Indian SBI opens branch at Israel Diamond Exchange
11.06.07
Indian SBI opens branch at Israel Diamond Exchange
India's largest bank, State Bank of India (SBI), inaugurated its first Israeli branch last Thursday
El Al: greater Q1 loss despite higher revenue
04.06.07
El Al: greater Q1 loss despite higher revenue
The airline posted a net loss of US$13.6 million for the first quarter, compared with a loss of US$9 million for the corresponding quarter of 2006
CBS: Israeli economy enjoys its longest ever expansion
04.06.07
CBS: Israeli economy enjoys its longest ever expansion
The CBS noted that business product grew during Q1 by an annualized 6.5% and GDP per capita rose by 4.5% in the same period
Zim’s net profit in Q1 dropped 81% to $4 million
04.06.07
Zim’s net profit in Q1 dropped 81% to $4 million
Zim, according to the report, posted NIS 795 million revenue for the first quarter, up 14% compared with the corresponding quarter
MSC Israel: larger capacity vessels will improve reefer availability to Israeli exporters
04.06.07
MSC Israel: larger capacity vessels will improve reefer availability to Israeli exporters
MCS Israel noted that the fix weekly call would allow not only shorter transit time but would also guarantee the arrival of the fresh produce at the beginning of the week