Maersk Line announced new Israeli service - EUROMED
08.12.08
Maersk Line announced new Israeli service - EUROMED
The new service optimises the existing networks and deploys 4 vessels of each 2.200 TEU, the service will begin January 2009
Zim posted a loss of $61 million for the third quarter of 2008
01.12.08
Zim posted a loss of $61 million for the third quarter of 2008
The company lost $132 million in January-September, compared with a profit of $33 in the corresponding period. Israel Corp may inject US$150 million to Zim if needed
Haim Romano, El Al CEO
01.12.08
EL AL: $30.4 million profit in third quarter
Company revenues reached their highest-ever level and totaled $607.3 million. Theoperating profit this quarter totaled $50.4 million
Italian - Israeli economic forum set up by Italian & Israeli Presidents
01.12.08
Italian - Israeli economic forum set up by Italian & Israeli Presidents
An Italian delegation met with 338 Israeli companies to discuss cooperation in the areas of infrastructure, hi-tech, agriculture, consumer goods and alternative energy
Exports to Asia in September-October 2008, down 19%
01.12.08
Exports to Asia in September-October 2008, down 19%
Exports to Europe fell 11%, and exports to the US fell by 5%. The Export Institute predicts that imports from the US will fall by 14% in 2009
OECD forecasts slow GDP growth for Israel
01.12.08
OECD forecasts slow GDP growth for Israel
OECD predicts that Israel's export growth will slow from 7.5% in 2008 to 0.9% in 2009. The 2009 forecast is higher than the latest Bank of Israel prediction of 1.5% growth
Israeli police: 1.5 tons of cocaine seized
01.12.08
Israeli police: 1.5 tons of cocaine seized
Drugs were hidden inside industrial machinery and then shipped in containers. Three marine containers have been seized so far
Ofer Eini. we'll push for legislation
01.12.08
Union threatens general strike over pensions
If the strike will begin it will cover the Israeli public sector with airports, ports, government offices, and post offices all being shut down