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Monthly Archives: April 2014
Israeli telecom reaches Far East
Bezeq International is the first Israeli telecommunications company to establish a physical presence in the Far East as a result of its deployment of an undersea cable. The company has established a point of presence in Hong Kong for customers … Continue reading
Posted in Economy & Business
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IKEA opens another Israeli store
Swedish retailer IKEA has opened its third Israeli store, to join those in Netanya and Rishon Lezion. The new 2,700-square-meter facility is in Kiryat Ata, near Haifa. IKEA expects to sell 25 million products to 5.4 million Israeli customers in … Continue reading
Posted in Economy & Business
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PA increases imports from Israel
The Palestinian Authority may be telling others to boycott Israeli products, but its imports from Israel in Jan 2014 grew at a rate of 17.2%, while imports from other countries were down 16.4% compared to January of 2013. Merchants said … Continue reading
Posted in Economy & Business
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Mission-driven investing
Stephen Schoenfeld is the Chief Investment Officer of BlueStar Global Investors, a firm he launched in 2010 with the explicit purpose of driving investors towards Israeli capital markets. He markets Israel as a sound investment, with Israeli equities increasing by … Continue reading
Posted in Economy & Business
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Now that’s what we call an exchange
Daniel Abrahams is emigrating to Israel and taking his innovative currency exchange comparison website with him. CurrencyTransfer.com can make significant savings for import-export Israeli businesses. http://www.thejc.com/business/business-features/116724/now-that%E2%80%99s-what-we-call-exchange
Posted in Economy & Business
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The ‘Red-Med’ rail link
Israel, China and Europe are getting excited about the building of a $2 billion, 300-kilometer rail link connecting Eilat, on the Red Sea, with Ashdod on the Mediterranean. Construction of the alternative to the Suez Canal will commence within 12 … Continue reading
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Geothermal energy for Indonesia and New Zealand
Israel’s Ormat Technologies will supply the energy converters for the $1.7 billion 330-megawatt Sarulla geothermal power plant in North Sumatra, Indonesia. Also, New Zealand inaugurated its 13th and largest Ormat Power Plant – the 100MW Ngatamariki facility. http://www.ormat.com/news/latest-items/sarulla-consortium-signs-117-billion-financing-agreements-330-mw-sarulla-geotherma https://www.youtube.com/watch?v=sEdWXbn35kQ
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The year in 2 minutes
A new Israeli Government video heralds its achievements since coming to power. http://www.youtube.com/watch?v=klTsWdaQ5YY http://www.ynetnews.com/articles/0,7340,L-4500499,00.html
Posted in Economy & Business
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California receives Israeli “water of life”
(Thanks to Uri) Paul Miller writes that California is in dire economic straits, experiencing a drought of near-Biblical proportions. That is why it has turned to the People of the Book to help hydrate its economy. http://www.utsandiego.com/news/2014/mar/26/california-israel-uc-desal-disinvest/
Posted in Israel is Inclusive & Global
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Surprised by Israeli aid for Syria?
A Syrian medical worker speaking at a conference in Miami Beach said, “The last people I expected to help was the Israelis. We got the image that they are our enemies.” The usually less-than-friendly-to-Israel Christian Science Monitor was equally impressed … Continue reading
Posted in Israel is Inclusive & Global
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