Monthly Archives: May 2017

All-time-record for air passengers

April 2017 was a record month for Ben Gurion Airport with 1.74 million passengers – a massive 26% more than in April 2016.  Over 5 million passengers have passed through the airport in the first four months of 2017 – … Continue reading

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Doubling the size of Acre / Akko

Israel is to double the size of the Northern city of Akko (Acre) by building 17,000 new housing units, hundreds of classrooms, plus daycare centers, synagogues, libraries and sports centers. The NIS 3 billion project will attract young families, revitalizing … Continue reading

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Currency reserves soar by nearly $2 billion

Israel’s foreign exchange reserves rose by another $1.97 billion during April, to reach a record $105.14 billion (33% of GDP).  It includes $250 million added into the fund set-up to reduce some of the adverse effects of natural gas production … Continue reading

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Direct flights Tel Aviv to Miami

El Al is launching a new non-stop service, three times a week between Miami International airport and Tel Aviv’s Ben Gurion airport starting in November. http://igoogledisrael.com/2017/05/now-catch-a-direct-flight-from-miami-to-tel-aviv/

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More Eilat routes for Ryanair

Irish low-cost carrier Ryanair is adding Bremen and Dusseldorf to its 14 winter routes into Ovda airport, near Eilat.  Ryanair has already announced 7 new routes to Tel Aviv. http://www.globes.co.il/en/article-ryanair-to-launch-more-eilat-germany-routes-1001188047

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Largest-ever business delegation to Israel

Quebec Province Premier Philippe Couillard is leading a delegation to Israel of 80 Canadian businesspeople from the aviation, transportation, IT, and medical industries. It is reported to be the largest-ever business delegation to visit Israel. http://www.globes.co.il/en/article-80-strong-quebec-trade-delegation-in-israel-next-week-1001188276

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Program brings US business execs to Israel

The US and Israel-America Chambers of Commerce have set-up a new program called Business Israel. It will bring executives from all 50 US states to Israel, to expand US markets and collaborate with Israeli companies in water, agriculture, cybersecurity and … Continue reading

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Smart manufacturing roadshow in Southern China

Eight Israeli companies providing advanced solutions for the manufacturing industry held a roadshow in Taipei, Guangzhou and Hong Kong. The delegation comprised ATE, Colibri Spindles, Elbit, Elmo, Frisimos, K&S, LeaderMES and Precognize. http://unitycoalitionforisrael.org/?p=15701346%3f  

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Invest in BDS-banned companies and make money

The share prices of eight of the nine publicly-quoted companies on the BDS (Boycott, Divest and Sanctions) list have done very nicely over the past year. And SodaStream’s share price jumped nearly 300%. https://elderofziyon.blogspot.co.il/2017/04/invest-in-bds-banned-companies-and-make.html?m=1

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New startup center in Hefer valley

A new entrepreneurship center named Yarok will open on the Ruppin Technology College Campus in the Hefer Valley (Emek Hefer between Netanya and Hadera). One of the founders is Ruppin chairman Eli Barak. Yarok will have an initial investment of … Continue reading

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