According to the Bank of Israel report economic growth would reach just 4.1%, while business sector product would rise in 2008 by 5%

26% more than during the first half of 2007. 76,817 private cars were delivered, 25% more than during the corresponding period of 2006

The services will be based on four daily flights that arrive and fly out of Israel. Services in Israel will focus on two main express services: UBC and OBC

Due to fluctuations in the US currency and the closing of the Gaza crossings Israeli textile companies considering to relocate factories abroad within the next two years

Spanish customs claimed last week to have intercepted arms shipment from Israel to Nicaragua. The ship's bill of customs noted that the container was carrying air rifles

It is understood that under El Al streamlining plan the company wants to fire some 600 employees but the Histadrut will approve only a much small number of lay-offs

The new service will not serve Israeli directly but through the port of Damietta supported by two dedicated feeder ships - Xiang Qian and Xiang Kun

The naming ceremony was held at the office of Eli Moyal, the mayor of Sderot, a Negev desert town. guests were later taken to see the areas most hit by the kassam missiles