Israel Active

Turkish Prime Minister Erdogan may hate Israel, but his policy appears to be ‘business is business’. Trade has increased by 26% in the last six months compared to the same period in 2010.

The Maryland/Israel Development Centre connects Maryland companies with Israeli partners to promote trade. It also invests in Israeli start-ups through a new venture capital fund.

The giant US financial company stated that the Israeli economy "remains one of the most robust and well managed among both the developed and the emerging market economies."

%. Israel’s economy grew during the 2nd Quarter of 2011 by a healthy 3.3% compared to the Euro block’s 0.2%. The figures were better than the market expected, and the Shekel strengthened according.

Unfilled job vacancies in Israel rose by 2.3% to 69,200 in July 2011 from 67,700 in June.

Barclays bank was a feature of mandate Palestine. It has now has received a license for commercial operations in Israel and has applied for membership of the Tel Aviv Stock Exchange.

Israel’s Elbit systems has won contracts with unspecified Asian countries worth $20 million for its electro-optical and night digital imaging systems.

Tourist figures to Israel from Jan to July show a 42% increase in visits by cruise ship passengers compared to 2010. However day tourists from Egypt have unsurprisingly dried up.

There may be protest tents in 10 cities, but the new car market is not slowing down. Over 142,600 new cars have been sold in Israel in 2011 so far – a 15.5% increase on 2010.

Whilst S&P were downgrading the US’s credit rating, it re-affirmed Israel’s.