The Manufacturers Associations also blamed the government for failing to protect the lives of over 5,000 workers in about 40 factories

Exports to China was up by 47% to US$1.66 million and exports to Egypt was 15% up to US$2.0 million and Jordan to US$3.0 million

Brosh called on the central bank to cut interest rates from the current 3.75% to 2% by the end of the year to reach an inflation target of between 1.5% and 2%

The silver prize was given to a joint project run by the Israel Port Development and Assets Co together with the Israeli customs authority for the creation of a paperless trading platform

It is understood that the Shipyards will be allowed in the first stage to handle and store up to 300,000 tons of refined sugar a year

Haifa Port Company planning NIS 550 million private placement of ten-year bonds to finance the port’s investment plan over the coming years

El Al currently maintains two flights per week to Cairo and Arkia operates two flights per week to Amman

The main contenders to join besides Israel are Chile, Brazil, Russia, China, India, South Africa, Cyprus and the latest European Union members