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Tourism News from Israel

Port of Haifa: Tourism up 110%

According to the report, 61,600 tourists arrived at the port during the first five months of this year. The increase has been attributed to the changes in passenger ship’s schedule bypassing Tunis, Egypt as well as Libya due to the civil unrest  Haifa Port Company Ltd. reported last week an increase in number of tourists […]

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Tourism News from Israel

OPERA FESTIVAL-AIDA AT MASADA

Over 55,000 people – Israelis and tourists – enjoyed the critically-acclaimed 2011 Israeli Opera Festival in Masada and Jerusalem, which featured a spectacular production of Aida, conducted by Maestro Daniel Oren, at the foot of Mount Masada and the Israeli premiere of Verdi’s Jerusalem, performed against the backdrop of the Old City walls in Jerusalem. […]

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Tourism News from Israel

TENS OF THOUSANDS CELEBRATE AT TEL AVIV’S ANNUAL GAY PRIDE PARADE

Tel Aviv celebrated gay pride last week with an extensive program of events and activities, culminating in the colorful annual Pride Parade held on Friday 10 June and attended by over 70,000 people. Over 5,000 tourists from around the world came to join the festivities in Tel Aviv.  The first ever LGBT (Lesbian, Gay, Bisexual, […]

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Tourism News from Israel

Archeological summer activities at the City of David

In addition to visiting the fascinating archeological discoveries at the City of David, tourists and visitors can enjoy a host of special activities this summer. The Archaeological Experience at the Emek Tzurim National Park – Discovering the Past Hidden in the Dust [The Temple Mount Sifting Project a unique exploration and an interesting, fun learning […]

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Latest News Israel

Noble Energy raises Israeli gas reserves forecast

As reported in Globes: Noble Energy Inc. (NYSE: NBL) president and CEO David Stover has delivered good news for Israel’s natural gas and oil sector. He told a UBS conference in the US, “It’s possible that over the next few years gas reserves in the Israel region will rise to 35-45 trillion cubic feet (TCF) […]

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Latest News Israel

Turkey Israel’s 3rd largest export market in Q1

As reported in Globes: Notwithstanding political tensions between Israel and Turkey, Turkey rose to Israel’s third largest export market in the first quarter from ninth place in the corresponding quarter of 2010, the Israel Export and International Cooperation Institute reports today. Exports of goods (excluding diamonds) to Turkey totaled $500 million in the first quarter, […]

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Latest News Israel

JVP raising $70m fund

As reported in Globes: Jerusalem Venture Partners, run by founder and managing partner Erel Margalit, is raising a new $70 million fund. JVP today announced that it has already raised the first $50 million of the fund and that it is close to raising the remaining $20 million. The new fund, which it is calling […]

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Latest News Israel

Bank of Israel raises GDP growth forecast to 5.2%

As reported in Globes: The Bank of Israel today raised its 2011 GDP and lowered its unemployment rate forecasts for Israel. It raised its GDP growth forecast to 5.2% from 4.5%, and it lowered its unemployment rate forecast to 5.8% – an all-time low. The Bank of Israel’s growth forecast is lower than the OECD […]

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Ernst and Young release ‘Doing Business with Israel’ Report

Over the years, Israel has become a hotbed for many startups and mature companies and has provided numerous opportunities for growth and success. This guide published by Ernst & Young Israel provides general information and insights into the local business arena including: the Israeli economy, starting a business, corporate taxation and other accounting aspects to be […]

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Latest News Israel News

Bettr Place featured on SBS Program Dateline

Israeli company Better Place was featured on the SBS program Dateline over the weekend. Click here to see the video from Dateline. Better Place aims to reduce global dependency on petroleum through the creation of a market-based transportation infrastructure that supports electric vehicles. Better Place is building its first electric vehicle network in Israel, and […]