The step is seen as a further attempt to open Israel's skies and lower ticket prices for consumers. Total estimated costs are $80 million per year

Israel Corp. will invest $225 million through its subsidiary Quantum for a stake in the joint venture

Investigation began following claims made by the pilot that fuel consumption was too high during the flight

In 2007 IPC invested some NIS20 million in upgrading Eilat port facilities and NIS7 million were allocated in next year's budget to upgrade the port security infrastructure

The second-largest British carrier, announced last week it would start as from March 13th 2008 operating daily flights between London and Tel Aviv

1,800 Christmas pilgrims and tourists will be flown to Israel on Sundor airlines specially chartered planes

The OECD had formally started talks with five prospective members. The entry of Israel into the OECD will be a historical turning point for the Israeli economy

Israel is now counted among countries like China, Japan, and Singapore with the distinction of producing the best quality fish