‘Now We Are Both Friends and Partners:’ Israeli, UAE Ministers of Economy Talk Shop

Israeli Minister of Economy and Industry Amir Peretz spoke by phone with the UAE Minister of Economy Abdullah bin Touq Al-Marri on Sept. 17, 2020.

Haredi Investor Eli Rosenberg Beats Tami Mozes Out of Controlling El Al

As the controlling share owner of El Al, Mozes-Borovich – those names represent two of the richest families in Israel – acted as an unchallenged monarch.

Trump: ‘No Problem’ Selling F-35 Jets to UAE, Despite Netanyahu’s Objections

The president said that he would be willing to sell the same arms to other Middle Eastern countries as well.

Israel’s DoverTower and UAE’s DP World Sign MoU on Shipping between Eilat and Dubai

The two companies will cooperate in establishing a shipping line on a direct route from Jebel Ali Port in Dubai to the Port of Eilat and Israel Shipyards will examine the possibility of cooperation in the production and marketing of various products in Dubai.

67% Supplement to Negative Income Tax Proposed

The overall supplement for the 2020 work stipend will not be less than NIS 1,000.

Bank Hapoalim, Emirates NBD Sign Memorandum of Understanding

The move will work to strengthen economic and financial relations between Israel and the United Arab Emirates.

100 Orthodox Rabbis to Jeff Bezos: Stop Using Southern Poverty Law Center to Classify...

AmazonSmile relies on the SPLC to determine which charities are eligible and which ones are “hate groups” and thus eligible or not for directed Amazon donations.

Report: Abu Dhabi Investor to Buy Into Israeli Soccer Team with Most Anti-Arab Fans

The question Israelis who are familiar with Beitar Jerusalem are likely to ask is probably what the investor says about the vociferous hostility of Beitar Jerusalem fans against the team's own Muslim players.

Meir Gurvitz in Israel for ‘Personal’ Discussion of Bid for El Al

Gurvitz is willing to share ownership of the company with the current controlling shareholders, Knafaim Holdings.

Israir to Launch Tel Aviv-Dubai Flights in October

“Israeli aviation is going to completely change,” says expert Yossi Fischer. “The UAE understands what a wonderful opportunity they have and they know the Israeli market well through the companies they own.”

Hopes Temporarily Dashed as AstraZeneca Puts Covid-19 Vaccine on Hold over ‘Unexplained Illness’

As expected, US-traded shares of AstraZeneca fell in the extended session Tuesday following the report that the drug maker halted its Covid-19 vaccine study.

EXCLUSIVE: UAE-Israel Business Council Established in Jerusalem

The council works to promote deals in the fields of science, technology, medicine, high tech, and agriculture, and consists of more than 50 businessmen in Israel and the UAE, many of whom recently participated in a conference through Zoom on August 18.

Israeli Exec to Play Leading Role in Intel’s Race for the Future

Daniel Benatar has been appointed the company's global deputy for chip manufacturing.

Former US Envoy Jason Greenblatt Advising Rozenberg on Purchase of El Al Airlines

"It is time for El Al to properly get ready to spread its wings again, get people back to work, and get people to and from Israel in a manner deserving of a powerful country like Israel."

EU Fronts PA $10.6 Million to Meet July Salaries While Hamas Prisoners Get $60...

With the new canteen boost, Hamas murderers should be able to purchase 50 candy bars a month each. There's bunch of terrorists who won't be able to slip through the bars.

First Financial MoU Signed between Israel, UEA; Top Ayatollah Frustrated

An American source told reporters accompanying the tour that an F-35 deal was not on the agenda, but did not rule out the possibility that it would come up.

US Army Awards Contract to Israel’s Elbit Systems Worth up to $79 Million

The system will provide the army with commander hand stations, gunner hand stations and circuit cards for the Bradley Infantry Fighting Vehicle.

Finance Ministry’s Budgets Chief’s Public Resignation Questions Minister Katz’s, PM Netanyahu’s Leadership

The various credit rating agencies have been sending nervous signals over the past few months, especially in light of the Israeli government's failure to produce a budget.

Ignoring Netanyahu’s Protests, White House Craves Advanced Weapons Sale to Emirates

The sale would contradict a deeply embedded doctrine regarding Israeli security, namely that the IDF must be technologically superior to all the other countries in the Middle East (the “qualitative military edge” doctrine).

Aviation Analyst: Saudi Arabia Will Permit Dubai-Ben Gurion Flights Over Its Airspace

The flight time over Saudi Arabia between Israel and the UAE will be cut substantially, to about 3 hours.

Somebody Is Fibbing: UAE, US, Expect Israel to Approve F-35 Deal

In a region where political stability can end abruptly with a coup d'état or an invasion, those upgraded weapons can find themselves in the warehouses of those enemies of Israel and the region.

Israel, UAE Work on Tel Aviv-Dubai-Abu Dhabi Route Over Saudi Arabia

The first thing that will be affected is what we see here: tourism. UAE residents want to come here and will come here.

US, Israel Close to Signing Deal on Excluding China in 5G Networks

“We are in direct discussions with representatives of the American government about our shared interests, including communications infrastructure,” said Israeli Communications Minister Yoaz Hendel.

Israel’s Economy Shrunk by 28.7% in Second Quarter of 2020

Although this is the sharpest decline in GDP ever in Israel, compared to the rest of the world the picture is less harsh.

Israeli, UAE Foreign Ministers Inaugurate Newly Opened Phone Lines and Internet

The UAE censored Israeli websites and blocked phone calls to and from Israel.

Lockheed Martin Signs New Industrial Cooperation Agreement with Israel

Lockheed Martin has committed to invest back into Israeli-based companies at a rate of 35% of the contract value of any new contracts.

Leading Israeli Entrepreneur Warns Corona Cabinet: New Lockdown Means Mass Layoffs, Economic Collapse

Margalit is the founder of the JVP Fund, a leading venture capital fund in Israel which has invested more than $ 1.4 billion in building 140 companies.

Israel’s Financial Stability in Shadow of COVID-19 So Far Has Been ‘Medium-High,’ Says Bank...

"The steps taken by the Bank of Israel succeeded in eliminating much of the panic in the markets and restored them to proper functioning."

Turkey Desperately Seeking Beirut Harbor Reconstruction Job as Ankara’s Foreign Currency Evaporates

Scope Ratings has ranked Turkey as among its “Risky-3” economies most at risk of a balance of payments crisis.

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