The index data points to the continued expansion of economic activity, albeit at a more moderate pace in the second quarter of this year, compared with previous quarters

The Ministry of Tourism announced that a record 262,000 tourists and day visitors entered Israel in June, 1% more visitors than in June 2010. Cruise travel to Israel also reached an all-time high in June with the confirmed arrival of 50,000 tourists and c

Industry and Trade and Labor Minister, Shalom Simhon announced new measures to reduce dairy import tariffs in order to allow imports of less expensive powdered milk and hard cheeses

Seven construction companies have entered the prequalification stage of the BOT tender to build the northern 20 kilometer extension of the Road 6 toll road

The Austrian furniture and design chain will open open its first store in Israel on September 6, just before the Jewish New Year

The inflation in the twelve months to the end of June was 4.2% higher year-on-year, slightly faster than the 4.1% growth recorded in May

The Present Situation Index was up by 4.3 points and the Expectations Index edged 0.6 points higher. consumer confidence in Israel has fluctuated for the past few months around relatively high levels

The aircraft is the first of two ordered, at a cost of US$325 million, in February 2011. The new planes, will be used on Israir’s domestic routes to and from Eilat and on international flights