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Category Archives: Business

Business and financial news in Israel and the Middle East

Israeli Women Continue To Make Less Than Men

07-Mar-10

The average woman in Israel lives to age 83, gives birth to three children, and makes a third less than the average man, according to recent data published by the Central Statistics Bureau in honor of International Women’s Day – celebrated on May 8.
The bureau did find that in the past year, women have [...]

I Scream You Scream We All Scream For…

03-Mar-10

Just in time for the summer…the Ben & Jerry’s ice-cream entrepreneurs from Vermont will open a new factory in the Beer Tuvia area in the south, near Kiryat Malachi, in a facility that until recently was a soup factory and logistics center for the food manufacturer Vita Pri Hagalil.

Some NIS 8 million – or about [...]

One Good Avocado

28-Feb-10

The sales of Israeli avocadoes have reached one-third of all fruit sold in Europe. The Israeli company Agrexco was defined by the Wall Street Journal as the biggest Israeli exporter of fresh agricultural produce of high quality.
2009 saw a 12% rise in Agrexco’s sales turnover and the company leads Israel’s agricultural exports this year. Last [...]

Israeli Economy Continues to Recover

17-Feb-10

The economy in Israel grew at an annualized 4.4% in the fourth quarter of 2009. This is its strongest spurt in nearly two years, while the nation continues its recovery, quickly, from a short downturn.
The Central Bureau of Statistics on Tuesday also left unchanged the third-quarter growth, which was of 3.0% and the full [...]

Can You Hear Me Now?

08-Feb-10

You might have heard this story. When Barack Obama became the president of the United States of America, he was told that he could no longer use his personal BlackBerry to receive e-mails, for the reason that it is not secure. Shortly after he took office, however, press reports emerged that one of America’s government [...]

Coming Soon: Hittin’ The Links in the Holy Land

30-Dec-09

How will Israeli work to further entice worldwide tourists, to come over and play? How about warming up to the world of golfers!
The Tourism Ministry and the Israel Land Administration are planning an NIS 760 million grant, for the building of 16 golf courses across the country, over the next 15 years.
The golf [...]

Bringing Down Israel’s Debt and More Financial Scoop

16-Dec-09

This week the International Monetary Fund (IMF) urged Israel to phase out an unconventional monetary policy – by which it intended the Bank of Israel’s habit of intervening in the country’s forex market.
Actually, the Bank of Israel had ceased this activity during a two-month hiatus but just began again by buying between $100 million [...]

MIZZE Designer Jewelry Made for Luck

23-Nov-09

When the Jews of the Diaspora began moving around the world in an attempt to assimilate into new societies while sustaining their own culture, they found success in two main fields; the first was as money-lenders and the second was as artisans. There is something in the Jewish Neshama that lends itself to creative output. [...]

More Clashing of Worlds in Jerusalem

19-Nov-09

Despite some violence and 1,500 ultra-Orthodox protesters, shouting”Shabes! Shabes!” Intel Corp. says that it has no plans of closing down their chip making factory in the industrial zone of Har Hotzvim on Shabbat.
The protests were sparked by Intel’s opening of a new facility near the ultra-orthodox area; the company has operated on Saturday’s for [...]

Tnuva Cottage Cheese Hits New Jersey

18-Nov-09

I got this from my people in NJ – they walked into Kings and saw this. Mazal Tov Tnuva!
It’s about time the good people of NJ found out what real Cottage Cheese tastes like!

Tough To Kill: Israel’s Economy and the Global Economic Collapse

30-Oct-09

“When it comes to U.S. military résumés, Silicon Valley is illiterate. It’s a shame. What a waste of the kick-ass leadership talent coming out of Iraq and Afghanistan.”
JON MEDVED
Although it goes humbly un-boasted – perhaps due to antisemitism and worldwide Zionist bashing – Israel has managed to thrive during the recent global economic crisis. [...]

World Wide Suicide

26-Oct-09

Former Maccabi Tel Aviv manager Moni Fanan is not unique in his tragic suicide. The last year, characterized by the current recession, has been responsible for countless other suicides and tragic incidents.
Ronan Bell, a 35-year-old Venice man from Venice, California, killed himself last month at a beach pier, when his financial debts drove [...]

Internet Justice Rewarded To Israeli Tech Master Mind

21-Oct-09

You know when you surf the Web using your trusty Web 2.0 browser, Mozilla Firefox or Internet Explorer, or whatever it is that you use; and you navigate your way around, by typing in the HTML address of the website, which you would like to visit? Not many know this, but the software which provides [...]

Israeli Researcher Close to Alzheimer’s Vaccine

03-Oct-09

This man, Dr. Alon Monsonego of Ben Gurion University, could be the face put on a real, workable Alzheimer’s vaccine. Alzheimer’s being one of the scariest, most devastating mental diseases imaginable where you pretty much die before you die since your mind is practically erased, this is very encouraging news. That, and cases have increased [...]

The Biodegradable Plastic Bottle

31-Aug-09

It’s time for another installment of “Israel Invents Something Cool That the World Will Definitely Need.” This week’s feature is the biodegradable plastic bottle made out of corn starch. Most plastics are made from an oil base, which makes the molecules artificial and non-disintegrating, so then you need the mafia to recycle them and it [...]