El Al Israel Airlines said last Sunday that its chief executive officer, Amos Shapira, had informed the company's incoming chairman that he would step down. Shapira, who has been CEO for three years, has agreed to remain in the position until a replacemen

Israel's trade deficit for 2004 increased sharply to $6.8 billion, $981 million, or 16.9%, more than in 2003. The country imported goods worth $40.5 billion and exported $33.7 billion last year

Dr. Meir Noam Israel Patent Office commissioner cancelled last week the Citrus Marketing Board of Israel's ( CMBI ) exclusive right to the famous citrus "Jaffa" brand name

A Japanese business delegation visited Israel last week for the first time since the outbreak of the current Palestinian hostilities against Israel. The heads of the delegation said that the purpose of the visit was seeking business opportunities in local

According to the diamond supervisor of the Trade and Industry Ministry, Shmuel Mordechai Israel exported last year $6.3 billion of polished diamonds

Mr. Shraga Brosh president of the Manufacturers Association warned last week that should port workers decide to resume strike actions, more than 50 firms would re-locate their

Following three years of continuous slow down in exports to South Korea exports, excluding diamonds, in 2004 was up by 35% to $370 millions. High -Tech exports was up by 59%

The Minister of Finance, Benjamin Netanyahu, informed the Government today that the Standard & Poor’s Rating Services has upgraded its outlook on the State of Israel from “negative” to “stable"