Israelis ranked 17th in the World Economic Forum Networked Readiness Index
21.04.08
Israelis ranked 17th in the World Economic Forum Networked Readiness Index
Israelis ranked 17th in the World Economic Forum Networked Readiness Index for 2007-08, with a score of 5.18, out of 127 countries covered
$1.2 billion trade deficit in March 2008
21.04.08
$1.2 billion trade deficit in March 2008
In March 2008, import of goods totaled $6.0 billion, export of goods totaled $4.8 billion and the trade deficit totaled $1.2 billion
'Moody's' upgrades Israel's credit rating to A1
21.04.08
'Moody's' upgrades Israel's credit rating to A1
A1 rating is equal to the A+ awarded recently by Standard, Poor's and Fitch
New NIS 20 banknotes printed on polymer
21.04.08
New NIS 20 banknotes printed on polymer
The new NIS 20 banknotes will be put into general circulation from 13 April 2008. At the same time a special issue of 1,800,000 polymer banknotes commemorating Israel’s 60th anniversary will be put into circulation
Research: 20 business groups control 40 percent segment of the market
21.04.08
Research: 20 business groups control 40 percent segment of the market
According to a new research by the Bank of Israel, 20 business groups, nearly all of them family-owned, control 160 publicly-traded companies with a 40 percent segment of the market
30% more tourists expected to arrive over Passover
21.04.08
30% more tourists expected to arrive over Passover
The Ministry of Tourism announced last week that an increase of 36% was recorded in the numbers of incoming tourists visiting Israel in March 2008, with 267,000 tourists. In March 2007, 196,000 tourists arrived
Izzy and David Borovich
14.04.08
Izzy Borovich to sell Knafaim stake to his brother
David Borovich received from his brother an option to buy 16.8% stake in the firm at a company value of $145 million. The option is valid through May 20
New civil aviation agreement was signed between Israel and Italy
14.04.08
New civil aviation agreement was signed between Israel and Italy
Up to 26 scheduled weekly flights can be operated on Israel-Italian routes. Currently one Israeli and one Italian schedule airline are authorized to fly between the two countries