March 30th - Israel turn its clocks to Daylight Savings Time
Industry & Trade
26.03.07
March 30th - Israel turn its clocks to Daylight Savings Time
On Friday, March 30 clocks will be turned forward 1 hour to 3:00 AM local time. Daylight Saving Time will end on Sunday, September 16, 2007 at 2:00 AM
Bank of Israel predicts 5.1% GDP growth in 2007
Industry & Trade
26.03.07
Bank of Israel predicts 5.1% GDP growth in 2007
The BoI believes that growth will be led by the business sector, which in the updated forecast is expected to expand by 6.2%. Forecast may change due to slowdown in some sectors
ICC - Israeli Foreign Minister agreed that Doha round of multilateral trade negotiations is vital
Industry & Trade
26.03.07
ICC - Israeli Foreign Minister agreed that Doha round of multilateral trade negotiations is vital
ICC Chairman met during his two-day visit to Israel with Israel’s Deputy Prime Minister, Shimon Peres and with prominent members of Israel’s business community
El Al lost $44.4m in 2006
Air Transport
26.03.07
El Al lost $44.4m in 2006
Fourth quarter revenue totaled $417 million, 6% less than in the preceding quarter. Income generated from cargo operation was US$317.6, up 8% compared to 2005
CBS: Israel’s goods exports slows down
Industry & Trade
26.03.07
CBS: Israel’s goods exports slows down
Exports to Asia were up by an annualized 28.3% in November 2006 –January 2007. Imports totaled US$6.8b in January 2007–February 2007 period
Nuriel's stake in El Al was sold
Air Transport
26.03.07
Nuriel's stake in El Al was sold
Knafaim owns 39.4% of El Al, and its controlling shareholders are Izzy and Oded Borovich. Nuriel's stake was sold to Tamares Israel's owned by Poju Zabludowicz
IPC purchased two US made Dabur-class patrol boats
Sea Transport
26.03.07
IPC purchased two US made Dabur-class patrol boats
The two patrol boats are of the same type bought by the Israeli navy. IPC paid some NIS 4.5 million
India-Israel Bilateral Trade - US$2.7 Billion in 2006
Industry & Trade
26.03.07
India-Israel Bilateral Trade - US$2.7 Billion in 2006
Indian exports to Israel increased by 12.31% from US$1.276 billion in 2005 to US$1.4 billion in 2006
More news from ישראל Section
>Israel will soon join the CSI program/26.03.07 >Korean Air Cargo to add additional weekly flight to Tel Aviv/20.03.07 >Israeli textile worker produces more than 8 times the amount of their Chinese counterparts/20.03.07 >New aviation agreement increases flights between Israel and France/20.03.07 >CBS: February trade deficit $900m/20.03.07 >EMTA announced new congestion surcharge at the Israeli ports of Ashdod and Haifa/20.03.07 >It's official - 2006 GDP grew by 5.1%/20.03.07 >Ashdod Port two days strike ended with a new government approved labor contract/20.03.07 >Strike at Ashdod Port/12.03.07 >MAI: female participation in directorates is 25%/12.03.07