Georgia will G.R.O.W. with Israel
A program called G.R.O.W. - Georgia Reaching Out Worldwide is attracting trade between the US State and the Jewish State. Ronen Kenan, who represents Georgia in Israel, said, “Israel is a gateway to a lot of markets in Europe, Asia-Pacific and Africa.”
What does Israel give to the USA?
Ex Ambassador Yoram Ettinger explains that Israel provides the United States huge financial benefits just with its modifications to US military hardware.
Israel trade with India to soar
(Thanks to Herb) A new Free Trade Agreement between Israel and India is expected to triple the current $5 billion trade between the two. Minister Yahel Vilan cited potential for immense growth in healthcare, agriculture, irrigation, renewable energy, aviation, IT and water management.
Israel’s exports have increased by 15,000 per cent
In 1948 Israel exported $6 million worth of goods and services. Today’s value is $91 billion, making tiny Israel the 38th largest exporter in the world. Not bad for the 97th largest population in the world.
Israel invests NIS 3 billion in water
(Thanks to Atid-EDI) More than NIS 3 billion was invested in Israel's water infrastructures in 2012. The increased desalination and recycling facilities means Israel’s water supply is now in a position to meet future crises.
First Budapest and now Bucharest
Just four months after launching flights from Tel Aviv to Hungary’s capital, low-cost airline Wizz Air has announced a new route - from Tel Aviv to the capital of Romania. Wizz Air says that its decision comes in response to the enthusiastic reception shown by customers in Tel Aviv.
$400 million for CyOptics
In another massive exit deal, Israeli optical transmission company Cyoptics has been bought up by Nasdaq listed Avago Technologies. CyOptics’ customers include governments and some of the world's biggest companies and tripled its sales in the past three years to $210 million in 2012.
One in six US prescriptions are for Teva products
The CEO of Israel’s largest biotech has been speaking out proudly of Teva’s moral principles. Jeremy Levin said, "We are an Israeli company, and we will remain an Israeli company.” At our Ashdod plant, whilst people (in Gaza) fire rockets, we make medicines.
The shekel is the strongest currency
Of the 31 currencies monitored by Bloomberg, Israel’s shekel had the best performance in the first three months of 2013. Reasons include Israel's stable growth and anticipation of the favorable economic impact of new natural gas flowing from the Tamar field.
40 years of IBM magic
(Thanks to Israel21c) The Israel center of International Business Machines has been performing technological magic at its Haifa offices for 40 years where it has developed RS/6000 computers, ultrasound equipment and a HIV database. No wonder we computer nerds say IBM stands for “I Bring Magic”.