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Bonus for Israel: OECD to Meet in Jerusalem

The OECD, which recently accepted Israel as a member, has chosen Jerusalem instead of Paris as the venue for its annual conference in October. Tzvi Ben Gedalyahu, 6/15/2010, 9:00 AM

Turkey Suspends Israeli UAV Project

More fallout from the flotilla clash. Turkey suspends a $180 million Israeli UAV contract and uses its own vehicles to gather intelligence. Tzvi Ben Gedalyahu, 6/14/2010, 11:33 PM

Netanyahu: Hi-Tech Ed not Enough, We Need Market Economy

PM Netanyahu told the High-Tech Industry Association Annual Conference that economic reform is not only critical, it must be ever ongoing.Hillel Fendel, 6/9/2010, 4:52 PM

Landau Looks Forward to 'A Different Israel' after Gas Find

Minister Uzi Landau discusses the estimated impact of the Haifa gas field on Israel.Yoni Kempinski, 6/7/2010, 9:35 PM

Israel Headed for Gas-Exporter Status

The increased projections of deposits in Israel's off-shore gas fields have put Israel, for the first time, on the road to energy-exporter status.Hillel Fendel, 6/6/2010, 9:39 AM

Israel and UAE: Diamonds are the Region's Best Friends

Israel's diamond industry is accomplishing what decades of diplomacy has not -- a quiet agreement with the United Arab Emirates. Hana Levi Julian, 6/1/2010, 3:29 PM

Canada Does Without Israel's Medical Isotopes

The Canadian government has rejected a plan by a medical isotope supplier to offset a severe shortage by importing the material from Israel.Hana Levi Julian, 6/1/2010, 1:06 PM

Israel Invests in Research

Government statistical data reveals that Israel has dramatically increased R&D spending, surpassing OECD standards.Maayana Miskin, 5/31/2010, 9:51 PM

Minister of Industry Heads for Qatar

The last time an Israeli economic minister visited the emirate was in 2001.Gil Ronen, 5/30/2010, 9:36 PM

Dropping Euro Threatens Israeli Agro Exports

The falling euro combined with the fallout from last months' volcanic ash cloud, may be threatening Israel's agricultural exports. Hana Levi Julian, 5/25/2010, 2:24 PM

Israel Issues a Gold Coin

For the first time, the Israel Coins and Medals Corporation has issued a gold coin. The coin features David's Citadel.Maayana Miskin, 5/17/2010, 3:33 PM

Netanyahu: Entrance into OECD a Great Day for the Country

“This is a great day” for Israel, Prime Minister Netanyahu said after the OECD rejected PA objections and unanimously accepted Israel as a member. Tzvi Ben Gedalyahu, 5/10/2010, 5:54 PM

Cell Providers May Cut Rates

The Communications Ministry is considering forcing mobile phone providers to cut connection rates.Maayana Miskin, 5/6/2010, 9:49 PM

Israel Making Plans to Attract More Tourists

Capitalizing on a recent boom, Israel's Tourism Ministry is allocating NIS 24 million to attract guests in the upcoming spring and summer.Malkah Fleisher, 5/4/2010, 10:24 PM

Iceland’s Volcano Wilts 40 Million Israeli Flowers

Volcanic ash from Iceland earlier this month caused millions of dollars in damage to Israel’s growing flower industry. Farmers want compensation.Tzvi Ben Gedalyahu, 4/28/2010, 8:27 PM

Israeli Worries Weaken As Planes Finally Fly Out of Europe

Concern over the impact on Israel's economy may soon die down, as several hundred European flights took off for the first time in several days.Malkah Fleisher, 4/20/2010, 10:41 PM

Israel Bans iPad Computer

According to the Communications Ministry, the iPad is not compatible with Israeli standards. Travelers will have them confiscated.Malkah Fleisher, 4/15/2010, 9:40 AM

Warnings Sounded Against Importing Chinese Vegetables

MK Shai Hermesh calls for boycott of supermarket chains selling frozen vegetables from China, saying, "There is no Zionism without agriculture!"Hillel Fendel, 3/15/2010, 12:42 PM

Stimulus Plan for American Jews: Move to Israel

Obama’s Stimulus Plan not working for you? More than 1,500 Americans have found opportunities in Israel through the Jewish-funded MASA program. Tzvi Ben Gedalyahu, 3/9/2010, 2:00 PM

Israel’s TEVA a Headache for Drug Firms, Rx for Investors

Israeli-based TEVA has been called a juggernaut, copy-cat and an 800-pound ape. It makes generic drugs, lots of them, and money – lots of it.Tzvi Ben Gedalyahu, 3/7/2010, 9:37 PM

Israel Begins Annual Apple Export to Syria

Beginning March 2, apples grown by Druze citizens of Israel in the Golan will be exported into Syria. Malkah Fleisher, 3/2/2010, 10:20 PM

Committee Reveals Poverty-Fighting Plan

A government committee reveals its plan to fight poverty. The goal: 1,000 shekels more per poor family per month by 2020.Maayana Miskin, 2/28/2010, 7:30 PM

Video: Jerusalem - Where Art and Technological Innovation Meet

Jewish Agency delegation hears about the uniqueness of Jerusalem, not only as an historical city but also as a city with hi-tech potentialYoni Kempinski, 2/24/2010, 11:14 AM

Internet in Israel – More Users, Sites and Startups

Arutz Sheva attended the Israel Internet Association's 14th conference and spoke with the organizers about Israel's status in the field.Yoni Kempinski, 2/23/2010, 6:58 PM

Egyptian Energy Ministry: No Deals with Israel

The Egyptian Energy Ministry has denied reports it is planning to include Israel in a project to create a regional electricity grid.Hana Levi Julian, 2/21/2010, 5:17 PM

Fischer: Israel's Economy is Strong

Bank of Israel Governor Stanley Fischer assured the Conference of Presidents that Israel's strong economy can withstand adversity.Malkah Fleisher, 2/17/2010, 9:18 PM

Consumer Price Index Down 0.7%

Prices of clothes, footwear and fresh vegetables went down in January, while fresh fruit were up from previous month.Gil Ronen, 2/15/2010, 7:50 PM

Tel Aviv and Toronto Stock Exchanges Sign Mutual Memorandum

The Tel Aviv Stock Exchange and the Toronto Stock Exchange have announced the signing of a Memorandum of Understanding between the institutions.Malkah Fleisher, 2/10/2010, 8:41 PM

"Poverty is Expensive"

"Poverty is Expensive"& Yoni Kempinski, 2/9/2010, 3:54 PM

Drilling for Gas and Oil in Ukraine, Ashdod

Oil developments: Group of Israeli/Jewish investors buys majority stake in Ukrainian gas field; Oil Council to decide who can drill off Ashdod. Hillel Fendel, 2/8/2010, 5:38 PM

Free Loan Group Surpasses $100 Million in Interest Free Loans

The Israel Free Loan Association has reached a record of $100 million interest loans. It is the largest free loan group in the world.IsraelNN Staff, 2/1/2010, 12:52 PM

Israel Electric Corp. Considers Nuclear Plant

Nuclear and solar power are two alternative energy sources that the Israel Electric Corp. is considering instead of burning more coal.Tzvi Ben Gedalyahu, 1/25/2010, 6:18 PM

Economic Goal: To Return to Export Situation of Dec. 2008

Shraga Brosh, President of the Manufacturers Association of Israel speaks with Arutz Sheva TV about Israel and the worldwide economic crisisYoni Kempinski, 1/21/2010, 10:08 PM

Trade Minister: "Israeli Products Guarantee our Existence"

Minister of Industry Trade and Labor, Ben Eliezer: We must strengthen Israel by buying items created and developed in the countryYoni Kempinski, 1/21/2010, 10:04 PM

Army Symbols to be Made in China?

Industry Min. Ben-Eliezer asks party colleague Def. Min. Barak to reconsider the decision to buy items from China–and to buy "blue-and-white".Hillel Fendel, 1/14/2010, 7:19 PM

Israel ‘Spreads Light to the Nations’ with New Citrus Fruit

One of Israel’s Divine missions is to “spread light to the nations.” Its new citrus fruit, “Light,” is being swallowed up in Europe and Russia.Tzvi Ben Gedalyahu, 1/11/2010, 11:18 AM

Foreign Investments in TASE Soar in November

Non-Israelis infused the country with $560 million in direct investments in November 2009, up significantly from October. Malkah Fleisher, 1/5/2010, 11:07 PM

Israeli Stocks Beat the Market

A $1,000 investment in the S&P 500 in the US in 2000 would be worth $918 today. The same amount in Israel’s top index would have more than doubled.Tzvi Ben Gedalyahu, 1/4/2010, 12:11 AM

Government Urges ‘Buy in Israel’

The government is urging its agencies to “buy in Israel. A planned large overseas purchase of uniforms by the Prisons Service has been frozen.Tzvi Ben Gedalyahu, 1/3/2010, 4:56 PM

Value-Added Tax (VAT) To Drop 0.5% Friday

Finance Minister Yuval Steinitz has decided to reduce value-added tax (VAT) by half a percent at the beginning of 2010. The new rate will be 16%,.Malkah Fleisher, 12/30/2009, 11:42 PM

Bank of Israel Raises Interest to 1.25%

Bank of Israel Governor Fischer, in a move that surprises some, announces 0.25% hike in interest rate.Gil Ronen, 12/28/2009, 6:53 PM

Tourism Ministry Tees Off for Golf Courses

Move over soccer; here comes golf. The Tourism Ministry announced a $200 million investment to attract golf tourists to the Jewish State.Tzvi Ben Gedalyahu, 12/28/2009, 5:14 PM

Analysts See Israel Flexing Economic Muscle in 2010

Israel will be one of the leaders in economic growth in 2010, investment analysts say. The value of the shekel is likely to increase.Tzvi Ben Gedalyahu, 12/28/2009, 10:54 AM

New Kitchen Applicance to Turn Garbage to Compost

For the first time in Israel, a trash compactor producing organic compost from kitchen garbage will be available as a kitchen appliance.Malkah Fleisher, 12/22/2009, 8:32 AM

Finance Minister: ‘Spendthrift’ Court Interferes in Economy

The High Court is a spendthrift panel that tries to replace the government in determining how to spend money, Finance Minister Steinitz charged.Tzvi Ben Gedalyahu, 12/15/2009, 10:59 AM

Israeli-Gulfstream Business Jet Makes Its First Flight

The joint Israeli-American new business jet successfully completed its maiden test flight Friday. It carries a price tag of $24 million.Tzvi Ben Gedalyahu, 12/14/2009, 6:37 AM

Business Partnership Based on Jewish Worldwide Unity

Jewish Agency's "Business to Business" (B2B) project is designed to strengthen ties between Israel and the Jewish business world.Yoni Kempinski, 12/14/2009, 5:56 AM

Tal Brody: 'More Companies are Giving Back to the Community'

Tal Brody, chairman of the Spirit of Israel: Israeli companies have learned that "giving back" to society is a vital part of their business plan.Yoni Kempinski, 12/13/2009, 9:52 PM

Cincinnati Will Help Market Israeli Start-Ups.

The vice president of the Economic Development at the Cincinnati Regional Chamber business delegation is in Israel to help market Israeli start-upsYoni Kempinski, 12/13/2009, 9:46 PM

I phone, You Phone, We All Phone for iPhone

Two Israeli companies are hyping festivities for the ‘iPhone” as if an important head of state has arrived.Tzvi Ben Gedalyahu , 12/8/2009, 6:49 AM

YouTube Founder Meets Israeli Viral-Video "Stars"

YouTube co-founder Chad Hurley hosted a YouTube community meet-up with Israeli users of the video sharing site who have become global stars.Yoni Kempinski, 12/7/2009, 9:47 PM

Avocados Grow With No One to Pick Them

The shortage of agriculture workers could cost the avocado industry up to 40 million shekels, as the fruit on the trees have no one to pick them.Hillel Fendel, 12/2/2009, 2:26 PM

Trade Convention Focuses on Urban Security

Israel National News visits Israel Gateway 2009 – the 7th Foreign Trade Convention in Israel which focuses this year on the field of urban securityYoni Kempinski, 12/1/2009, 6:50 PM

Israel, Russia Form Agricultural Cooperation Agreement

An initiative of President Shimon Peres, raised in a meeting with Russian President Dmitry Medvedev, will promote global agricultural cooperation. Malkah Fleisher, 12/1/2009, 7:33 AM

Goodbye to Dubai; Israelis not Affected

The Arab world’s refusal to recognize Israel helped Israelis to escape the fallout of the Dubai financial debacle. Most diamond firms stayed away.Tzvi Ben Gedalyahu, 11/30/2009, 4:24 PM

The Decline and Fall of Lev Levayev’s Africa-Israel

Africa-Israel investments, controlled by Russian-born billionaire Lev Levayev, may not be able to continue as a “going concern.” Tzvi Ben Gedalyahu, 11/30/2009, 12:09 AM

From Gourmet Food to a Cone-Shaped Pizza - Visit to "IsraeFood"

IsraelNationalNews toured through the IsraeFood 2009 expo and met a cone-shaped, pizza, hard boiled egg with no yoke and vegetarian caviar.Yoni Kempinski, 11/29/2009, 9:02 PM