According to figures published by the Ministry of Industry, Trade and Labor, net polished diamond exports (subtracting returns), totaled in February 2005, $662 million, compared with $598 million in February 2004, an increase of 10.7%

After six years since Udi Angel became Chairman of ZIM, Angel has decided to end his chairmanship of ZIM. Angel will remain an active Board member and will serve as the Chairman of its Executive Committee

The Minister of Finance, Benjamin Netanyahu, met last week (27/01/05) in London with his British counterpart, Gordon Brown. During the meeting, Mr. Netanyahu invited Mr. Brown to visit Israel during the year

The Minister of Finance, Benjamin Netanyahu, had visit London this week on his way back to Israel from the United States. Mr. Netanyahu flew to the U.S. late last week to take part in the annual Israel Bonds event, held in Boca Raton, Florida

Diamond controller Mr. Shmuel Mordechai said last week that Israel's diamond industry continued its trend toward significant growth in November. According to spokesman for the Ministry of Industry

President of the Federation of Israeli Chambers of Commerce Mr. Uriel Lynn, openly criticized last week the Knesset Finance Committee's decision to raise duties on selected food products.

Israel Corporation and its daughter company Zim Integrated Shipping Services Ltd. outlined last Sunday the business model for the acquisition of 12 container vessels in a $732 million deal

Mr. Uriel Lynn, president of The Federation of Israeli Chambers of Commerce ( FICC ) said last week that bilateral trade with the EU will reach the 35 billion dollars mark in 2004. In a press release based on figures published by theCentral Bureau of Stat