Business & Economy

TAU, GM Team Up on Hi-Tech Driving Safety Features

Scientists at Tel Aviv University have invented a new hi-tech system to help keep drivers safe on the roads.

Israel Exports Up 11,250 Times Since First Independence Day

The Jewish state's exports have multiplied 11,250 times since independence, according to a report by the Israel Export and Cooperation Institute.

Israel Refuses to Sell Arms to Turkey

Israel has declined a request by Turkey to purchase a number of warfare systems for ground troops and navy.

PA Destroys 7 Tons of Yesha Watermelons

The PA smashes 7.5 tons of watermelons and will put merchants on trial for doing business with Jews in Judea and Samaria. Fayyad's goal: Jerusalem.

El Al in Frantic Rush to Bring Home Israelis Stranded by Volcano

El Al is using overland routes in Europe to bring home for Independence Day Israelis stranded by the volcanic ash that has crippled air travel.

March: Largest Influx of Tourists in Israeli History

More visitors came to the Jewish state in March than in any other month in Israeli history.

The Week's Aid to Gaza

Over the last week, nearly 12,000 tons of humanitarian aid entered the Gaza region. Three truckloads of carnations were exported to Europe.

Hamas Threatens to Sue for Damages at Port

The ruling Hamas terrorist organization in Gaza is threatening to sue Israel for damage to merchandise held up at Israeli ports.

US Expert Predicts 'Oil and Gas Rush' to Israel

International firms may enter exploration on Israeli territory. US Geological Survey: 122 trillion cubic feet of natural gas in the Levant Basin

Netanyahu Speeds Plans for Desalination

PM asks for quick answers on proposed desalination project, commits to cutting bureaucracy to slash water prices.

Israel Exports Greatest Resource--Stone

The Land of Milk and Honey is exporting its greatest natural resource--stone from rocks, to a signature architectural firm in Wisconsin.

Gaza Smugglers Import New Cars

Gaza businessmen are now importing new cars - but the price tag comes with a hefty commission for the tunnel smugglers who bring them in.

Connecticut Seeking to Strengthen Trade Ties with Israel

A delegation of 18 Connecticut firm reps and a U.S. Congressman arrived in Israel to explore ways to strengthen trade ties with the Jewish State.

Everyone Loves Israel's Stock Market

Rampant worldwide anti-Zionism has made Israel a universal doormat, but the world looks at Israel stocks differently: an all-time high.

Swedish Pension Fund Divests From Elbit Systems

Sweden's largest pension fund has taken Elbit Systems out of its portfolio due to the company's work on Israel's security separation barrier.

Australian Charity Funds PA Youth Center Named for Terrorist

An Australian Christian charity has funded the construction of a Palestinian Authority youth center named in memory of a terrorist.

$12 Billion to PA Had No Economic Impact; Where Did it Go?

Chairwoman of the Ramallah-based Economic Institute tells the United Nations that more than $12 billion doled out to the PA has been wasted. .

Israel Weighs 'Garbage Power'

Electric Corporation, Environmental Protection Ministry look into technologies that turn garbage to power.

Jerusalem to Get Sabbath-Observing Movie Theater

The city of Jerusalem allows a company to create a new movie theater, on the condition that the theater be closed on the Sabbath.

PA Forced to Backtrack on Closing Christian TV

The Palestinian Authority government has rescinded its decision to shut down its only Christian television station in Judea and Samaria.

Sea Secret: New Options for Modest Women

A new swimwear company has begun to cater to the growing segment of the hareidi-religious female market that seeks more modest bathing attire.

Israeli Cargo Captured By Somali Pirates Aboard Turkish Ship

A Turkish-owned ship named "Frigia" carrying cargo of the Israel Chemicals company has been captured by Somali pirates.

Monthly Trade Fair Features Judea, Samaria Goods in Jerusalem

The OU-Israel Center is holding monthly trade fairs to promote Judea and Samaria goods boycotted by the PA. A Knesset panel wants counter-boycott.

Rabbi, Industrialist Plan Hareidi Vocational School

A renowned rabbi and Israel's wealthiest industrialist have come together to create hareidi society's first vocational high school.

Israel's Biggest Wind Farm to Be Built in Eilat

An Israeli company will use Israeli technology and equipment to build the largest wind farm in the country in the mountains of Eilat.

Holocaust Survivor Stipends to be Increased

Finance Ministry to add NIS 30 million to budget for stipends to 20,000 Holocaust survivors.

Knesset Study Shows a Second Expulsion Would Cost $100 Billion

Expulsion from Gush Katif cost over $2.9B. Expelling Jewish residents of Judea and Samaria, not including Jerusalem, would cost over $100B.

Majority of Israeli Jews Eat Kosher for Passover

Two-thirds of Israel’s Jews are careful to eat only foods that are kosher for Passover during the holiday, regardless of their general observance.

Unemployed? Jobs Galore in Israel

The Central Bureau of Statistics reported Tuesday that available jobs reached 43,600 in February, 8.2% higher than in January.

Netanyahu Hails Construction Reform

Ministers approve reform of construction procedures to top off what Prime Minister defined as a 'a historic day in the work of the government.'

February Brings Highest Number of Tourists in Israeli History

The people of Israel welcomed more visitors in February 2010 than in any other month since establishment of the Jewish state.

Good Times: Israel's GDP, Jobs, Consumer Confidence Up, Up, Up

A powerful rebound from the global economic crisis is making its mark in the job market.

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.

A Solar Battery in a Pea Pod

TAU scientist hopes to harness the power of the pea plant to turn sunlight into energy.

Facelift in Tzfat, Courtesy of the Mayor

The mystical city of Tzfat will be getting a bit of a face lift after Mayor Ilan Shochat went on a special fundraising trip to the United States.

MK: PA Boycotting Israeli Goods? Boycott Back, Fire Workers

MK Uri Ariel told the Knesset that Israel should fight Palestinian Authority economic warfare on Judea and Samaria goods with a counter boycott.

US Company to Build New HQ for the IDF

The Defense Ministry has signed a contract with an American firm to build a new underground command and control center for the IDF at the Kirya.

Gaza Exports Carnations, Receives Thousands of Tons of Aid

Gaza residents received 14,000 tons of humanitarian aid via Israeli crossings last week, and exported truckloads of flowers - at special prices.

Fatal Dive at the Red Sea

Sue Kahana was an experienced diver, and her trip to Sinai was meant to be another joyous occasion. But something went wrong on her 70th dive.

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.

EU Court Opens Door to Customs on Judea and Samaria Products

EU High Court says Judea and Samaria are not a part of Israel; Israeli goods made there are subject to EU import duties.

Israel, Ukraine Ink Free Trade, Aviation Agreements

Israel and Ukraine have signed a free trade agreement and will add another airline to the route between the two nations.

China Gets Kosher Milk

The Jewish community of China has begun producing the country's first kosher dairy products.

Bank of Israel Governor Fischer to Woo China on Iran

Bank of Israel Gov. Stanley Fischer, accompanied by Minister Moshe Yaalon, are going to China to try and convince it to support sanctions on Iran.

U.S.: EU Vote on Money Transfer Data 'Blow to Security'

In a move that US officials said was a setback for counter-terror efforts, the EU voted against giving the US access to data about bank transfers.

Diamond Industry Sparkling Post-Economic Crisis

Israel's diamond industry has taken great strides in recovering from the global economic crisis of 2009.

Warning: Some Purim Toys are Not for Children

Parents are being warned to watch out for Purim toys that could be dangerous. Even some costumes pose a danger.

Legislation 'To Turn Agricultural Plowshares into Solar Panels'

The Knesset is considering a proposal by Labor MK Amir Peretz to grant renewable solar energy agricultural status.

Report: Corruption at the Core of the Palestinian Authority

Hundreds of millions of dollars have been embezzled by senior Palestinian Authority officials, according to a report by Channel 10.

New International Airport Proposed for Negev

The Negev may replace Ben Gurion Airport for international travelers, according to a proposal by Deputy Prime Minister Silvan Shalom.

Study: Commercial Fishing Endangers Israel's Dolphins

Researchers at the University of Haifa have determined that extensive commercial fishing is endangering the dolphins of the Mediterranean Sea.

'More Power to You' in the Arava

Two renewable energy giants have partnered on a project to build 15 new mid-sized solar energy fields to yield 100 megawatts of solar energy.

New PA Private Equity Fund to Help PA Independence

Two private Arab investment firms are planning to lay the groundwork to help fund the PA's declaration of independence in two years.

Israel's Bunker-Buster Bird-Scaring Technology

Israel's scariest military technology can use sound waves to kill a man ten meters away. Its mild-mannered alter-ego is used to scare birds away.

FBI Approves Israeli Phone Company in USA

The FBI and other security agencies have given a green light for an Israeli phone company to set up a global phone shop in the U.S.

Jews Protests 'on Target' as Stores Recall ‘Palestine’ Globe

Target stores “wiped Israel off the map” on a globe, replacing it with ‘Palestine”. The firm has stopped selling the globes after Jewish protests.

Canada to Offer Shariah-Compliant Mortgages?

Islamic law-compliant mortgages may soon be offered in Canada, according to the Canada Mortgage and Housing Corp.

Galactic Partnership: NASA and Israel Space Agency

NASA Representative: "I can't even begin to tell you the number of technologies that Israel can contribute to the future of man-space exploration."

'An Israeli Astronaut? There May be No More Astronauts At All!'

NASA Chief speaks about sending another Israeli astronaut, the mission of saving the planet from asteroids, and commercial flights to the moon.

Elbit Exhibits 'Jupiter' Space Camera

Israel's latest "eye in the sky," produced by Elbit Systems, was unveiled Wednesday at the Ilan Ramon international space conference.