Business and Economy

While not on the top 10 list of expensive cities on the planet, Tel Aviv remains one of the most expensive cities in the Middle East.

Currently, customs fees ranging from $5 to $22 (as opposed to customs payments on the value of imported goods) are collected for private imports via courier companies.

Denso said its Israel R&D satellite will focus on innovative technologies in cyber security, telecommunications, artificial intelligence (AI), sensing and software.

"Achievements in the overall education system should be improved, and gaps in achievements between students from various population groups and socioeconomic and geographic backgrounds should be reduced."

The decision to buy the Israeli planes was allegedly pushed by Croatian Defense Minister Damir Krstičević. Israel also offered to cooperate on drone development.

The drop in food prices is particularly interesting given that net salaries have risen by three percent in the same time period.

El Al noted that it had contacted the International Civil Aviation Organization demanding to allow the Israeli carrier to fly over Saudi territory on its way to and from India, arguing unfair practices.

Representatives of Israeli companies and business groups will speak at the panel sessions on agriculture, medicine and the environment.

"The interest of global companies is very great. I have already met with many of them. They all want to come here, and rightly so. They see this as a new direction."

Finance Minister Moshe Kahlon said Thursday that he would cut income tax for “working couples” immediately after the Passover holiday.

Two lawmakers sent a letter to Energy Secretary Rick Perry and Deputy Secretary of State John Sullivan threatening to "introduce a resolution of disapproval" to block a nuclear deal with the Saudis.

Every U.S. dollar of foreign aid must be spent on items from U.S. companies. Israel may seek an amendment to the agreement under the new American administration.

The Tourism Ministry’s Inbound Tourism Survey shows that the Indian tourist stays an average of 6.2 nights in Israel, spending on average $1,066.

Defexpo India prides itself on "clearly steering the path of steady growth" in the business of killing enemies. The 2016 exhibition was attended by 63 delegations from 58 countries.

"You could spread solar systems here [in the Negev] that would give you more energy than you need or could need. Clean energy," Elon Musk told Netanyahu.

During the same period in 2016 there were 13,829 new apartment starts, reflecting a 26.3 percent decline over a 12-month period.

"This unique program kick-starts their learning and gives them the tools they need to continue our University’s legacy of innovation.”

Orbotech was founded in 1981 by a team of engineers at Electro-Optical Industry led by Shlomo Barak, who was developing electro-optical systems for military use.

Israelis currently work among the highest number of hours among OECD member nations.

Kanabo has also initiated pre-clinical trials on its first patented formula to test its efficacy in treating sleep disorders.

According to its site, Cloudflare makes websites, Saas products, mobile apps, e-commerce stores, and APIs all faster and safer.

The budget for next year will stand at 479.6 billion shekels ($140 billion), an increase of 4.3% compared to the 2018 budget, and an increase of 24.9% compared to the 2015 budget.

Elbit will install Airborne Locator Systems and Emergency Locator Transmitters onboard various mission aircraft and rotorcraft platforms in use by the customer’s Air Force, Army and Navy,

"We hope our findings will ... help alert both manufacturers and consumers to the dangers inherent in the widespread use of unsecured IoT devices."

"Implementation of the double rail, which comes off of the Ashkelon-Be'r Sheva line, would dramatically reduce the cost of transporting cargo that is now trucked to and from Gaza."

The contest is taking place in Finland, Sweden, Germany, Poland and Spain with the target tourist population being millennial independent travelers seeking that “off-the-beaten-path experience.”

The move came after a year-long struggle by the Israeli “Avir Naki” (“Smoke Free Israel” organization and Likud MK Yehuda Glick.

“The Israeli economy has grown faster and more consistently than nearly any other in the OECD for the past 15 years.”

Summing up the past year, the share of investors in real estate purchases declined, adding up to only 17,400 apartments, a sharp drop of 22% compared to 2016, which marked its own sharp decline of 29% compared with 2015.

Malul insists that the World of the Jewish Nation will not feature Jewish tradition, and instead will present “life and what surrounds us with values that are not only Jewish but universal.”