Recovery in incoming tourism from Russia

Against the backdrop of a 35% increase in incoming tourism from Russia in the first quarter 2017, Russian airline Ural Airlines inaugurates a new route today from Moscow to Tel Aviv

Tourism Minister Yariv Levin: “Russia is one of the most important markets in which we are working to market Israel as an attractive tourism destination. I welcome the decision of Ural Airlines to operate a direct flight here, a decision that was made with the cooperation and encouragement of the Tourism Ministry. This is another important step in our efforts to encourage tourism from Russia and I am convinced that the opening of this route will lead to an additional increase in the number of tourists visiting Israel.

Ural is another airline that joins the ranks of new airlines operating in Israel thanks to the encouragement of the Tourism Ministry. We set ourselves the goal of bringing new direct routes to Israel and we are indeed witnessing an exceptional momentum of airlines flying into Israel and bringing with them record numbers of tourists.” Add a comment

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Tel Aviv, March 14 2017 – Today, Tuesday March 14, the first pop-up hotel of its kind in the world opened in a lifeguard tower on Tel Aviv beach. The hotel opening is part of an international campaign by the Tourism Ministry and the Tel Aviv-Yafo Municipality #TAKEME2TELAVIV, which invites tourists to enjoy a unique experience in the city. The lifeguard tower, which is located on Frishman Beach, was inaugurated by the Mayor of Tel Aviv-Yafo Ron Huldai and the Tourism Ministry Director-General Amir Halevi. Add a comment

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President Reuven Rivlin this afternoon (Thursday) spoke with Israel Aerospace Industries CEO, Yossi Weiss, and congratulated him on the signing of an historic deal with India - the largest contract in the history of the aerospace industry in Israel.

The two spoke about the foundations for the deal which were laid out during President Rivlin's visit to India, and of the importance it played in strengthening the aerospace industry in Israel.

"Please pass on my congratulations to all who contributed to this important achievement. You have come such a long way to arrive at this point, it is truly exceptional," the President told him.

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Jerusalem. February 26th, 2017 – The new R&D agreement signed during the visit of Israeli Prime Minister Benjamin Netanyahu to Australia between the Israeli government and the federal administration in Australia is expected to strengthen economic ties between the two countries and enable companies from Israel and Australia to receive funding for joint projects in research and development. This agreement comes in addition to existing cooperation agreements with Australian states – one with Victoria and another with New South Wales.

 

The entities in charge of the agreement are the Israel Innovation Authority (formerly the Office of the Chief Scientist) and the Department of Industry, Innovation and Science in Australia.

 

“The agreement constitutes a landmark in deepening ties between Israel and Australia,” said Avi Luvton, director of the Asia Pacific Department at the Israel Innovation Authority. “Programs like this, enabling the private sector to receive financial support for joint projects, are significant for promoting cooperation on innovation. Until today, we have operated cooperation programs with the State of Victoria and New South Wales, but we are proud to expand our plans to the federal level via this agreement enabling support for joint projects between Israeli companies and companies from all across Australia.”

 

The Israel Trade Commissioner to Australia, Ethy Levy, who has worked tirelessly to promote the agreement, said she was certain the federal industrial R&D agreement will contribute significantly to the quality of cooperation between the two countries.

 

Trade between Israel and Australia stands at $1.1 billion annually. In 2016, Israel exported goods and services to Australia worth $700 million.

 

Over the past two years, there has been significant development in trade ties between Israel and Australia as part of the recognition that Israeli innovation has much to contribute to Australian industry. As part of its innovation program, Australia has opened five international centers to bolster its innovation ecosystem. The first one announced by the Australian Prime Minister is the “Landing Pad” in Tel Aviv.

More than 30 Australian business delegations visited Israel in 2016, including delegations from leading Australian companies that have recognized that Israeli innovation and technological development can constitute engines of growth for them.

 

An interesting phenomenon that may significantly strengthen economic ties between the countries is the listing of Israeli technology companies on the Australian stock exchange.

 

Over the past year, nine Israeli companies held public offerings on the Australian stock market (ASX) and today 12 Israeli companies or companies with R&D activity in Israel are traded there, putting Israel in sixth place among foreign countries with companies traded there. Most of these Israeli companies have raised far more capital than they expected and these results may encourage additional Israeli companies to consider this route. There are currently 15 companies considering issuing on the ASX and the assessment is that at least three of them will offer in the coming months. In light of this development, a visit by the directors of the ASX to Israel is expected to take place in Q2 of 2017.

 

Over the past two years there has been a significant rise in economic activity between the two countries and more than 20 Israeli companies now have representation in Australia or have expanded their personnel stationed in the country.

 

Bilateral trade between Israel and Australia, as expressed in import and export, comes to $1.1 billion annually (2016). However, this data does not reflect the real scope of trade. Most Israeli companies active in Australia supply IT services, among them many companies active in cyber-security. Since service exports are not expressed in customs reports and in import/export reports, and since a significant amount of Israeli exports to Australia are carried out through third parties like the U.S., Singapore or European countries, we estimate that the scope of trade is closer to $2 billion.

 


Over the past year, several Israeli companies have won significant tenders in Australia and we expect these to be expressed in the trade data in the coming years.

 

 

 

 

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On Thursday evening, July 20th, the Embassy of Colombia in Tel Aviv celebrated Colombia’s National Day, the anniversary of the signing of the country’s declaration of independence. The event was held at the beautiful home of Colombian Ambassador to Israel, H.E. Mr. Fernando Alzate Donoso, and  wife Mrs.Nancy, in Kfar Shmaryahu.

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Prime Minister Benjamin Netanyahu, today (Wednesday, 19 July 2017), held a series of bilateral meetings with the heads of government of the Visegard Group: Czech Prime Minister Bohuslav Sobotka, Polish Prime Minister Beata Szydlo and Slovakian Prime Minister Robert Fico. (Prime Minister Netanyahu met yesterday with Hungarian Prime Minister Viktor Orban.)

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​PM Netanyahu: We face common challenges, the first of which is to defeat the forces of terror that rampage through the world and threaten both our countries. We must stand together in this battle, much as we work together to perfect the future.

Prime Minister Benjamin Netanyahu and his wife Sara, this evening (Tuesday, 4 July 2017), at the Prime Minister's Residence in Jerusalem, hosted Indian Prime Minister Narendra Modi.

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The EU Delegation in Israel and the Municipality of Tel-Aviv-Yafo presented:  Performance Europa!
Urban celebration of live performances and interactive installations
Tel Aviv’s White Night ,Rothschild 1 Plaza, 29 June 

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 On 11 June 2017, the 5thPhilippine Tourism and Country Fair organized by the Philippine Embassy in Tel Aviv,Municipality of Haifa and Castra Mall, opened in a festive atmosphere in the northern city of Haifa as the Philippines tries to sustain the rapid tourism growth from Israel.

During the one-day event, simultaneous activities on tourism and cultural promotion and highlights of the 60 years of strong bilateral relations between the Philippines and Israel were featured at the Castra Mall. Around 800 Israelis and Filipinos enjoyed the cultural program that showcased multi-awarded Filipino soprano singer, Ms. Francis Anne “Princess” Virtudazo, and the best talents from the Filipino community in Israel.

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Over 60 leading women from across the world joined together last month for a panel discussion showcasing Israeli females in the lead.
Organized by The Israel Project (TIP) and the Embassy of Cyprus in Israel, the event served as a platform to discuss and understand the challenges and opportunities facing women in Israeli society in the modern age.
Among the panelists were popular journalist Judy Shalom Nir-Mozes. Former IDF commander Miri Eisin and Israeli Olympic athlete Maayan Davidovich.

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Prime Minister Benjamin Netanyahu, Greek Prime Minister Alexis Tsipras and Cypriot President Nicos Anastasiades, today (Thursday, 15 June 2017), in Thessaloniki, at the third trilateral summit, signed joint statements for the continued strengthening of relations.

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A senior delegation from Tanzania, headed by Dr. Aloyce Nzuki, Permanent Secretary Ministry for Natural Resources and Tourism, arrived in Israel for a series of meetings and events designed to increase cooperation with the Israeli tourist industry, and encourage Israeli tourism and investments to enchanted, exotic Tanzania.

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At a festive ceremony attended by Minister of Education Naftali Bennett, the Lauder Dormitory Building was inaugurated today at the Technion
state of the art building was donated to the Technion by World Jewish Congress President Ronald Lauder and his wife Jo Carole

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09 June 2017 – Jerusalem) The U.S. Permanent Representative of the United States to the United Nations Nikki Haley visited Yad Vashem today. The Ambassador was guided through the Holocaust History Museum by Dr. Robert Rozett, Director of Yad Vashem Libraries, participated in a memorial ceremony in the Hall of Remembrance, visited the Children's Memorial and signed the Yad Vashem Guest Book.

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President Reuven Rivlin today (Wednesday) met at his residence in Jerusalem with United States Permanent Representative to the United Nations, Ambassador Nikki R. Haley.

President Rivlin welcomed her and said, “You are a dear friend of Israel. We appreciate your strong stand on the world’s most important stage, in support of the security of the people and the State of Israel. With your support we see the beginning of a new era. Israel is no longer alone at the UN. Israel is no longer the UN’s punching bag.”

He continued, “When I spoke at the UN on Holocaust Memorial Day, I said that the UN must learn from the lessons of the past, and stand up against hatred and racism. I said it must end its obsession with targeting Israel. Progress has been made. Israel’s standing at the UN has improved. But sadly, we have a long way to go. Both in holding to account, public statements made by officials, and in supporting regulation to reduce the ridiculous number of discussions and resolutions against Israel. This is also true in the Human Rights Council - which has been hijacked as a weapon against Israel - and in UNESCO, where they seek to rub out the history of the Jewish people.”

The President thanked the Ambassador for her great contribution to the State of Israel, and said, “Ambassador Haley, as the representative the US - Israel’s greatest and strongest ally - we appreciate very much your support of Israel, and all you do to stand up for the values of freedom and democracy which we share. Welcome to Israel, welcome to Jerusalem.”

Ambassador Haley thanked the President for his warm welcome and said, “Thank you Mr. President for taking the time to meet with us, it is an absolute thrill to be here in Israel, I so much appreciate the support we have received from the people of Israel. But I feel somewhat guilty because all I did at the United Nations was tell the truth. I have never taken kindly to bullies, and the UN has bullied Israel for a very long time, and we are not going to let that happen anymore. It is a new day for Israel in the United Nations. We just got back from Geneva, talking about the Human Rights Council and hopefully it will be a new day at the Human Rights Council when it comes to Israel.”

She concluded by saying she was greatly looking forward to her visit to Israel and said, “I am looking forward to taking in the history, the beauty, the tradition, and all that comes with the magic of Israel. Thank you very much for having me it is a pleasure to be here.”

Photo credit: Mark Neiman (GPO)

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Friday was a beautiful late spring day; the gardens were lovely, the weather was fine; the guests were elegantly attired; the refreshments were generous and delicious; all the makings of a happy celebration marking the National Day of Sweden. H.E. Carl Magnus Nesser, ambassador of Sweden to the State of Israel, hosted the event at the ambassadorial residence in Herzlia Pituach.

The event was attended by many Swedish nationals living in Israel; Swedish music, Swedish food, Swedish sponsors and a generous open bar – all the makings of a happy event.

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A fundamentally agricultural holiday, Shavuot commemorates the custom of bringing offerings to the Holy Temple from the first fruits of the harvest and the first animals born to the flocks.

Shavuot, the Holiday of Weeks, is one of the three pilgrimage holidays, along with Pesach and Sukkot. These are the holidays on which the whole Jewish people would come to Jerusalem​ in ancient times, when the Holy Temple was there, and would offer animal and grain sacrifices.

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Tel Aviv Eat presents three evenings of tastings and workshops featuring the region’s leading restaurants and most prominent chefs. Entrance is free (including the chefs’ demonstrations), and tasting portions range in price from NIS 20-35. Doors open each evening at 18.00. There are several performance stages, live music, and stands selling beer.

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"Only when we remember the families who were torn apart from everyone they loved, who suffered that terrible darkness and evil, who had endured the unbearable horror of the Holocaust, only then can we prevent this agony from ever repeating." President Donald J. Trump Add a comment

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JPost.com - Breaking News

Currency Exchange Rate

MARKET MOVERS

NMS : YHOO - 01 Jan,
() After Hours:
Open Mktcap
High 52wk Hight 57.39
Low 52wk Low 35.05
Vol 0 Avg Vol 19.80M
Eps 0.71 P/e
Currency:

Alphabet Inc.

NMS : GOOG - 21 Aug, 4:00pm
906.66
() After Hours:
Open 910.00 Mktcap 628.21B
High 913.00 52wk Hight 988.25
Low 903.40 52wk Low 727.54
Vol 943440 Avg Vol 1.70M
Eps 30.60 P/e 32.86
Currency: USD

Apple Inc.

NMS : AAPL - 21 Aug, 4:00pm
157.21
() After Hours:
Open 157.50 Mktcap 812.03B
High 157.89 52wk Hight 162.51
Low 155.11 52wk Low 102.53
Vol 26.37M Avg Vol 26.85M
Eps 9.02 P/e 17.85
Currency: USD

Weather

Jerusalem Israel Sunny, 29 °C
Current Conditions
Sunrise: 6:9 am   |   Sunset: 7:15 pm
39%     9.8 m/s     31.350 atm
Forecast
Tue Low: 20 °C High: 30 °C
Wed Low: 18 °C High: 31 °C
Thu Low: 18 °C High: 32 °C
Fri Low: 20 °C High: 35 °C
Sat Low: 21 °C High: 35 °C
Sun Low: 21 °C High: 34 °C
Mon Low: 23 °C High: 33 °C
Tue Low: 22 °C High: 33 °C
Wed Low: 21 °C High: 32 °C
Thu Low: 20 °C High: 33 °C

MARKET MOVERS article

NMS : YHOO - 01 Jan,
() After Hours:
Open Mktcap
High 52wk Hight 57.39
Low 52wk Low 35.05
Vol 0 Avg Vol 19.80M
Eps 0.71 P/e
Currency:

Alphabet Inc.

NMS : GOOG - 21 Aug, 4:00pm
906.66
() After Hours:
Open 910.00 Mktcap 628.21B
High 913.00 52wk Hight 988.25
Low 903.40 52wk Low 727.54
Vol 943440 Avg Vol 1.70M
Eps 30.60 P/e 32.86
Currency: USD

Apple Inc.

NMS : AAPL - 21 Aug, 4:00pm
157.21
() After Hours:
Open 157.50 Mktcap 812.03B
High 157.89 52wk Hight 162.51
Low 155.11 52wk Low 102.53
Vol 26.37M Avg Vol 26.85M
Eps 9.02 P/e 17.85
Currency: USD