Intel Israel has found itself in the news this week for all the wrong reasons. It is the target of threats of demonstration action by the religious community in Jerusalem after the company announced its intention to keep its fabrication plant in Jerusalem open on Saturdays, the Jewish Sabbath. The company’s general manager, Maxine Fassberg, [...]
Categories: Economy, Jerusalem, Science and Technology
In its short history, Israel has developed a name for technological innovation and advancement. In this respect, Israel is often compared to the famous Silicon Valley in California which is the hotbed of world technological development. Although comparisons are validly made between the two and close connections are forged in the interests of cooperating to [...]
Categories: Economy, Science and Technology
General Electric, the fifth largest company in the world by revenue, has made its first move into Israel. GE Energy Finance has committed to putting $23 million into Israeli SolarEdge.
Categories: Economy, Environment, Natural Resources (Energy, Water)
Tony Blair has stood up for Benjamin Netanyahu and the Israelis. The former British Prime Minister, and current envoy of the “Middle East Quartet,” said that Israel is not getting the credit it deserves for helping improve the quality of life for Palestinians. Blair specifically pointed out efforts to remove roadblocks and checkpoints. Blair made [...]
Categories: Economy, Judea and Samaria
Israelis have located a natural gas pocket off of the Mediterranean cost. Estimates put the market value of the deposit at roughly $8 billion. A partnership of Israeli companies found the reserve near the Tamar well. Israel has two major operations in the area, both the Tamar I and Tamar II sites are located off [...]
Categories: Economy, Natural Resources (Energy, Water)
Benjamin Netanyahu said that a true peace can only come if the Palestinians are self sufficient and live in a strong economy. His first steps to seeing that through came when Israel removed dozens of security checkpoints around Judea and Samaria. The head of the Jenin Chamber of Commerce is reporting that Israelis, mostly Israeli [...]
Categories: Economy, Judea and Samaria
MSCI Barra, a major player in rating foreign investments, is speculated to announce today that Israel is moving from “emerging market” to “developed market” for investment grading purposes. This means emerging market mutual funds would be required to sell any Israeli stocks. However, funds for international developed market stocks would be allowed to buy Israeli [...]
Categories: Economy
Prime Minister Netanyahu convened a group of influential MKs to being planning and implementing plans to improve the quality of life for Palestinians in Judea and Samaria (West Bank). The plans, presented by Netanyahu, Ehud Barak, Silvan Shalom, and Yuval Steinitz, include creating industrial and agricultural zones in Jenin, Jericho, Hebron, and Beit Lechem (Bethlehem). [...]
Categories: Economy, Judea and Samaria, Palestinians
While things couldn’t be much worse in Gaza, Israel is making moves with the Palestinian Authority (led by “moderate” Mahmoud Abbas) in the West Bank. Israel just removed two roadblocks between Ramallah and the surrounding towns Ras Karkar and Ein Yabrud. Israel has now removed 140 checkpoints in the West Bank in a plan engineered [...]
Categories: Economy, Palestinian Authority, Security
From Anthony Reich The news seems to be dominated these days by the economic woes of the world. There is no doubt that the credit crunch is having a dramatic effect on the economies of most countries. Whilst Israel is equally suffering a significant economic downturn, there is some consolation that the banking sector in [...]
Categories: Arab Israelis, Economy
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