JERUSALEM Israeli pipeline company EAPC said on Tuesday it had signed a preliminary deal to help transport oil from the United Arab Emirates to Europe via a pipeline that connects the Red Sea city of Eilat and the Mediterranean port of Ashkelon.
BEIRUT/JERUSALEM Lebanon and Israel, formally still at war after decades of conflict, launch talks on Wednesday to address a long-running dispute over their maritime border running through potentially gas-rich Mediterranean waters.
JERUSALEM Israel's finance minister promised on Sunday the long awaited 2021 state budget would be ready in December amid accusations the government was dragging its heels for political reasons and after a third senior economic official quit in three months.
JERUSALEM/DUBAI Israel's Mobileye and United Arab Emirate's Al Habtoor Group launched a partnership on Wednesday to create a fleet of self-driving "robotaxis" that could take to the streets of Dubai by the end of 2022.
JERUSALEM Israel has pushed back the creation of a sovereign wealth fund because tax revenue from natural gas has not yet hit the minimum needed to begin investing, and fund managers have not yet been chosen, Bank of Israel Deputy Governor Andrew Abir said on Tuesday.
JERUSALEM, July 7 Israel has pushed back the
creation of a sovereign wealth fund because tax revenue from
natural gas has not yet hit the minimum needed to begin
investing, and fund managers have not yet been chosen, Bank of
Israel Deputy Governor Andrew Abir said on Tuesday.
JERUSALEM Bank of Israel Governor Amir Yaron said risks to the economy were rising due to a resurgence in COVID-19 cases, but the central bank opted to focus on calming financial markets and ensuring the low cost of credit instead of lowering interest rates.
JERUSALEM Swiped a credit card? Turned on the lights? Driven to work or the supermarket? Israel's central bank has been watching.
TEL AVIV The coronavirus crisis may be pushing El Al Israel Airlines back into the hands of the state, less than two decades after the flag carrier was privatised. | Video
JERUSALEM Bank of Israel Governor Amir Yaron said on Wednesday he supports an expansionary 2020-21 budget to help the economy recover from the coronavirus pandemic, which has forced businesses to close and unemployment to jump.