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Israel hikes interest rate to highest level in 17 yrs Amid inflation, the Bank of Israel (BOI) announced that it was raising its benchmark interest rate by 0.25 percentage points to 4.75 per cent, the highest level since November 2006. This is the 10th consecutive increase in the benchmark rate since April 2022, which stood at 0.1 per cent, reports Xinhua news agency. The central bank said that it is raising rates in order to combat inflation, which has been running above the government's target range of 1 per cent to 3 per cent for se...
Israel hikes interest rate to highest level in 17 yrs
Israel hikes interest rate to highest level in 17 yrs
Source: IANS
23/05/2023 1:58:27 PM
F5 opens its 2nd engineering centre in India, to generate 250 jobs F5, a global leader in multi-cloud application security and delivery, on Monday opened its new engineering centre here that will help drive research, development and product innovation. The 50,000 square feet development centre with a seating capacity for 250 employees will help the company expand its portfolio of multi-cloud application security and delivery solutions. "India has a thriving technology ecosystem and benefits from strong public sector-led innovation through programm...
F5 opens its 2nd engineering centre in India, to generate 250 jobs
F5 opens its 2nd engineering centre in India, to generate 250 jobs
Source: IANS
22/05/2023 11:07:51 AM
High public budgets for ultra-Orthodox sector damages economy: Israeli economists An open letter, signed by 286 senior Israeli economists, warned of the consequences of the high funds recently approved by the government for the Jewish ultra-Orthodox sector, especially for its education system. These state budget funds are included in the coalition agreements following demands by the ultra-Orthodox parties and are scheduled to be approved by the Israeli parliament in the coming days, Xinhua news agency reported. The economists, including former finance ministry and ce...
High public budgets for ultra-Orthodox sector damages economy: Israeli economists
High public budgets for ultra-Orthodox sector damages economy: Israeli economists
Source: IANS
22/05/2023 9:40:27 AM
Israel`s budget deficit widens as tax revenues slump The Israeli government's 12-month budget deficit increased significantly from 300 million shekels ($82 million) to 4.9 billion shekels in a month, mainly due to the shrinking tax revenues, according to data released by the Finance Ministry. The Israeli government's total tax revenues decreased by a real rate of 8.9 per cent year-on-year in the first four months of 2023, Xinhua news agency quoted the Ministry as saying. The decrease was mainly due to a steep decline in the collec...
Israel`s budget deficit widens as tax revenues slump
Israel`s budget deficit widens as tax revenues slump
Source: IANS
9/05/2023 1:02:00 PM
Israel launches renewable energy plan in region bordering Gaza Israel has launched a sustainable energy transition plan in the Gaza envelope area seven km from the Gazan border in southwestern Israel, the country's Ministry of Energy and Infrastructure said. The plan is part of the government's efforts to strengthen civil resilience in the region, which has for many years suffered from rocket and missile attacks, Xinhua news agency reported. With an investment of five million shekels ($1.38 million), the plan will promote projects of energy...
Israel launches renewable energy plan in region bordering Gaza
Israel launches renewable energy plan in region bordering Gaza
Source: IANS
1/05/2023 10:06:50 AM
Israeli PM, finance minister say economy `solid` despite Moody`s outlook cut Israeli Prime Minister Benjamin Netanyahu and Finance Minister Bezalel Smotrich issued a joint statement, asserting that the country's economy remains "solid," despite Moody's recent downgrade of Israel's credit outlook. Moody's lowered Israel's economic outlook from positive to stable on Friday, citing concerns over the "deterioration of Israel's governance" amid ongoing upheaval over the government's controversial judicial reforms. In th...
Israeli PM, finance minister say economy `solid` despite Moody`s outlook cut
Israeli PM, finance minister say economy `solid` despite Moody`s outlook cut
Source: IANS
16/04/2023 9:11:03 AM
Israel increases base interest rate to 4.5%, highest since 2006  Israel's central bank has announced a rise in the benchmark interest rate by 25 basis points to 4.5 per cent. Taking effect on April 7, it would be the country's highest rate since December 2006, Xinhua news agency reported. Israel's interest rate moved along an upward path from as low as 0.1 per cent in April 2022 towards the current level. The central bank counted on the rate increase to curb inflation that reached 5.4 per cent in January, a 12-month high point, b...
Israel increases base interest rate to 4.5%, highest since 2006
Israel increases base interest rate to 4.5%, highest since 2006
Source: IANS
4/04/2023 9:27:19 AM
Israel's Netanya to host 2024 Water Polo European Championships The Israeli coastal city of Netanya will host the 2024 Men's European Water Polo Championship, the European Swimming League (LEN) and the Israel Water Polo Association said. The games will be played at the Wingate Institute Olympic swimming pool in Netanya from January 3 to 16 next year, reports Xinhua. The men's tournament will include 16 teams, while 12 teams will participate in the women's competition. The original plan was to hold the championship in October 2023 in t...
Israel's Netanya to host 2024 Water Polo European Championships
Israel's Netanya to host 2024 Water Polo European Championships
Source: IANS
1/04/2023 12:14:08 PM
Cyprus, Israel, Greece join forces on energy The foreign ministers of Cyprus, Israel and Greece agreed to cooperate more closely on issues including energy, defence, economy and tourism. After their meeting in Nicosia, Constantinos Kombos (Cyprus), Eli Kohen (Israel) and Nikos Dendias (Greece) said that trilateral cooperation on energy is crucial for stability in the region, Xinhua news agency reported. Cyprus and Israel have discovered several natural gas fields, which are currently being developed. "Unlocking the full po...
Cyprus, Israel, Greece join forces on energy
Cyprus, Israel, Greece join forces on energy
Source: IANS
1/04/2023 11:44:39 AM
Israel-UAE free trade deal takes effect  A free trade agreement between Israel and the United Arab Emirates (UAE) has come into effect, the first such economic deal the Jewish state reached with an Arab country. Officials from both countries signed a customs agreement on Sunday, enabling the free trade agreement signed in May 2022 to come into effect, an official statement said. The customs agreement was signed by Israeli Foreign Minister Eli Cohen and UAE Ambassador to Israel Mohamed Al Khaja in the presence of Netanyah...
Israel-UAE free trade deal takes effect
Israel-UAE free trade deal takes effect
Source: IANS
27/03/2023 11:06:44 AM
Six vidyagyan students identify 17 asteroids Six students from Grade 11 in VidyaGyan, Bulandshahr, participated in the International Astronomical Search Collaboration (IASC) which is a global event to identify asteroids. From the overall 1000 detections, VidyaGyan students were able to identify 17 preliminary asteroid detections of which three have been provisionally recognised by NASA and the International Astronomical Search Collaboration (IASC). NASA will further observe the detected asteroids for the next six months. Accord...
Six vidyagyan students identify 17 asteroids
Six vidyagyan students identify 17 asteroids
Source: IANS
24/03/2023 5:19:29 PM
Israel's El Al to resume India flights using Saudi corridor El Al Israel Airlines said on Thursday it would resume flights to India in October after a three-year absence, citing shorter flight times due to the ability to fly over Saudi Arabia and Oman. Israel's flag carrier will operate four weekly flights to Mumbai from Tel Aviv using Boeing 737 aircraft, with the route expected to take 5.5 hours, down from 7.45 hours previously. It will also fly twice weekly to New Delhi using larger Boeing 777 or 787 planes. The flight time on that route ...
Israel's El Al to resume India flights using Saudi corridor
Israel's El Al to resume India flights using Saudi corridor
Source: Reuters
23/03/2023 2:53:58 PM
Israel to ease import restrictions for retail giants  Israel has announced a plan to ease import restrictions for large global retail companies in the country. The plan aims to encourage the entry of large retail chains into Israel, which could help boost competition, reduce living costs, and advance innovation in the sector, Israel's Economy and Industry Ministry said in a statement on Tuesday. Foreign chains currently face many difficulties when entering the Israeli market, including the need to submit standard declarations for...
Israel to ease import restrictions for retail giants
Israel to ease import restrictions for retail giants
Source: IANS
15/03/2023 9:59:07 AM
Israel`s current account surplus down to $19.8 bn in 2022 Israel's current account surplus totaled $19.8 billion in 2022, said the country's Central Bureau of Statistics. This is a decrease of $1.6 billion compared to the surplus registered in 2021, and of $2.9 billion compared to 2020, it said in an annual balance of payments report on Sunday. The decrease in last year's surplus includes a $4.4-billion increase in the goods trade deficit. However, it was offset by an increase of $2 billion in the services trade surplus and an $800...
Israel`s current account surplus down to $19.8 bn in 2022
Israel`s current account surplus down to $19.8 bn in 2022
Source: IANS
13/03/2023 9:10:19 AM
Israel's natural gas, oil revenues hit record high in 2022 Israel's natural gas and oil revenues reached a record high of 1.68 billion new shekels ($460 million) in 2022, according to an annual report issued by the country's Energy Ministry. The figure marks an increase of 36.6 per cent compared to the previous record of 1.23 billion shekels registered in 2021. Israel's natural gas revenue mostly came from the gas produced at Leviathan and Tamar fields in the Mediterranean Sea, along with the revenues from the nearby Karish field, w...
Israel's natural gas, oil revenues hit record high in 2022
Israel's natural gas, oil revenues hit record high in 2022
Source: IANS
22/02/2023 9:35:22 AM
Israel`s GDP grows 6.5% in 2022 Israel's economy grew 6.5 per cent in 2022, the Central Bureau of Statistics has said. This is the second-highest annual gross domestic product (GDP) increase in 22 years, only second to 8.6 per cent in 2021, Xinhua news agency reported. The outcome beats forecasts of the Finance Ministry and the Bank of Israel, which was respectively at 6.3 per cent and 6 per cent. According to the bureau's report, Israel's population grew by 2 per cent in 2022, while GDP per capita incr...
Israel`s GDP grows 6.5% in 2022
Israel`s GDP grows 6.5% in 2022
Source: IANS
17/02/2023 10:30:28 AM
30th Indo-Israel Centre of Excellence inaugurated in Haryana The 30th Indo-Israel Centre of Excellence was inaugurated in Haryana that coincided beautifully with the fact that Israel and India are nearing the completion of 30 years of full diplomatic relations. State Agriculture Minister Jai Parkash Dalal, Madhya Pradesh Agriculture Minister Kamal Patel and Ambassador of Israel to India Naor Gilon inaugurated the centre in Gignow in Bhiwani district on Sunday. This centre, established as part of the Indo-Israel Agricultural Project, is dedicated ...
30th Indo-Israel Centre of Excellence inaugurated in Haryana
30th Indo-Israel Centre of Excellence inaugurated in Haryana
Source: IANS
23/01/2023 11:56:23 AM
Israeli annual CPI hits 20-yr-high of 5.3% The consumer price index (CPI) in Israel rose by 5.3 per cent in 2022, according to data issued by the Central Bureau of Statistics on Sunday, the highest calendar-year level since 2002 when the annual inflation rate was 6.5 per cent. This is a sharp rise from 2020 which recorded a deflation of 0.7 per cent and 2021 when the annual CPI was 2.8 per cent, reports Xinhua news agency. Inflation is continuing to rise even though the Israeli central bank has gradually raised the base interest...
Israeli annual CPI hits 20-yr-high of 5.3%
Israeli annual CPI hits 20-yr-high of 5.3%
Source: IANS
16/01/2023 12:24:15 PM
Israel raises base interest rate to 3.75%, highest since 2008  Israel's central bank has announced an increase of 0.5 per cent in the base interest rate to 3.75 per cent, reaching the highest level since October 2008. This is the seventh consecutive rise in the base interest rate in Israel since April 2022 when the figure then stood at 0.1 per cent, reports Xinhua news agency. The decision aims to curb the continuous rise of inflation, which reached 5.3 per cent in November, the highest 12-month figure in over 14 years. "High infl...
Israel raises base interest rate to 3.75%, highest since 2008
Israel raises base interest rate to 3.75%, highest since 2008
Source: IANS
3/01/2023 11:58:00 AM
Messi and football: a lifelong love born in Rosario that guided Argentina to a dream World Cup trophy The house at 525 Estado de Israel street in La Bajada, Rosario, in Santa Fe province - an area of hard-working, humble people -- is where Argentine football star Lionel Messi started, and it has become a pilgrimage site for many fans. The house is getting more footfalls since the iconic player led Argentina to their third FIFA World Cup trophy in Qatar a few days back. "I love you Messi," two-year-old Nahitan Vera shouted towards the house. He travelled with his family from...
Messi and football: a lifelong love born in Rosario that guided Argentina to a dream World Cup trophy
Messi and football: a lifelong love born in Rosario that guided Argentina to a dream World Cup trophy
Source: IANS
26/12/2022 2:37:51 PM
Israel`s exports reach record-high in 2022 Israel's exports have registered a year-on-year increase of 10 per cent in 2022 to reach a record high of over $160 billion, according to estimates issued by the Ministry of Economy and Industry. It is the second consecutive year that exports, which make up about a third of Israel's economy, reached a record-high level, Xinhua news agency reported, citing a statement by the ministry. Israel's main export partners are the US, the UK, China, India, Ireland and the Netherlands,...
Israel`s exports reach record-high in 2022
Israel`s exports reach record-high in 2022
Source: IANS
26/12/2022 10:19:49 AM
How Governments are trying to ease impact of inflation Pandemic-related disruptions to global supply chains and the knock-on effects of Russia's war in Ukraine have driven up prices of energy, commodities and necessities. Here's how governments are trying to help hard-hit consumers and companies: AMERICAS: * Brazil's Senate approved raising the government spending cap, allowing the president-elect's incoming administration to fund an extension of social welfare payments for poor families. Oil giant Petrobras has cut fuel ...
How Governments are trying to ease impact of inflation
How Governments are trying to ease impact of inflation
Source: Reuters
17/12/2022 9:51:28 AM
Tamil Nadu : 100 farmers to undergo training in Israel The Tamil Nadu farmers will soon garner modern farming techniques as the state government is in the process of sending 100 of them to Israel for training. In a statement, Tamil Nadu Minister for Agriculture M.R.K. Panneerselvam said that 100 farmers will be sent overseas to Israel for training. While attending a two day Indo-Israel conference on women empowerment, the minister said that the agriculture expertise of Israel was superior and that the state government will soon be sending h...
Tamil Nadu : 100 farmers to undergo training in Israel
Tamil Nadu : 100 farmers to undergo training in Israel
Source: IANS
25/11/2022 4:44:41 PM
Israel to allocate 4G, 5G services in West Bank Israel has agreed to allocate 4G and 5G services for mobile phones in the West Bank, said a Palestinian officia. Muhammad Mustafa, head of the Palestinian Investment Fund, told reporters of Israel's decision, which the Palestinian authorities have accepted, reports Xinhua news agency. Mustafa, also an economic advisor to Palestinian President Mahmoud Abbas, said that the Palestinian and Israeli sides are in the process of negotiating the details of implementing the decision. The ...
Israel to allocate 4G, 5G services in West Bank
Israel to allocate 4G, 5G services in West Bank
Source: IANS
25/11/2022 3:12:38 PM
Turkish-Israeli ties enter 'new era`: Erdogan Turkish President Recep Tayyip Erdogan has said that the bilateral ties between Turkey and Israel have entered a new era "thanks to the strong will of both sides". Erdogan made the remarks on Thursday in phone talks with Israel's Prime Minister-designate Benjamin Netanyahu, the first of its kind between the two leaders after years-long strained ties between the two countries, Xinhua news agency reported. During their phone talk, Erdogan said that it is in the interest of b...
Turkish-Israeli ties enter 'new era`: Erdogan
Turkish-Israeli ties enter 'new era`: Erdogan
Source: IANS
18/11/2022 10:26:09 AM
India to launch negotiations for FTA with a region next week: Piyush Goyal Commerce and Industry Minister Piyush Goyal has said that India will be launching negotiations for a free trade agreement (FTA) with a region next week. Though the minister did not disclose the name of the region, there is a likelihood that the talks may start with the Gulf Cooperation Council (GCC) as the region was keen to increase economic engagement with India. GCC is a union of six countries in the Gulf region -- Saudi Arabia, UAE, Qatar, Kuwait, Oman and Bahrain. He added that negoti...
India to launch negotiations for FTA with a region next week: Piyush Goyal
India to launch negotiations for FTA with a region next week: Piyush Goyal
Source: Accord Fintech
17/11/2022 10:56:02 AM
Israel, Bahrain discuss strengthening economic ties Israeli Finance Minister Avigdor Lieberman and Bahrain's Commerce and Industry Minister Zayed R. Alzayani have discussed ways to strengthen economic ties between the two countries. In a meeting in Jerusalem with the Bahraini Minister, Lieberman highlighted the economic potential in the region and talked about the possibility of building a terrestrial connection from Israel to the Gulf, the Israeli Finance Ministry said in a statement on Monday. For his part, Alzayani stressed the im...
Israel, Bahrain discuss strengthening economic ties
Israel, Bahrain discuss strengthening economic ties
Source: IANS
1/11/2022 12:37:35 PM
Israel approves production of Karish gas field Israel said it has granted permission to the London-based company Energean to begin production at the Karish natural gas field in the Mediterranean Sea. "The gas production from Karish will greatly contribute to meeting the needs of the local economy and Israel's international obligations," Energy Minister Karin Elharrar was quoted as saying in a statement issued by the government on Tuesday. The production of the Karish rig strengthens Israel as a significant supplier of ...
Israel approves production of Karish gas field
Israel approves production of Karish gas field
Source: IANS
26/10/2022 10:31:25 AM
Israel, Argentina to fund joint medical, green energy research Israel and Argentina will jointly sponsor five research projects in the fields of medicine and green energy, Israel's Ministry of Innovation, Science and Technology said in a statement. Researchers from leading institutions in both countries will take part in the research projects, the Ministry's spokeswoman Hila Aloni Ohayon told Xinhua news agency. This is the first cooperation between Israel and a Latin American country to jointly fund scientific research, the Ministry noted....
Israel, Argentina to fund joint medical, green energy research
Israel, Argentina to fund joint medical, green energy research
Source: IANS
7/10/2022 10:16:01 AM
High-level dialogue forum with EU to renew after decade-long freeze: Israel Israel announced on Sunday that a high-level dialogue forum with the European Union (EU) will be renewed in Brussels on Monday after a decade-long freeze. Prime Minister Yair Lapid will head the Israeli delegation for the first meeting of the renewed EU-Israel Association Council dialogue, Xinhua news agency reported, citing a statement by the Israeli Foreign Ministry. On the European side, the EU's High Representative for Foreign Affairs and Security Policy Josep Borrell as well as...
High-level dialogue forum with EU to renew after decade-long freeze: Israel
High-level dialogue forum with EU to renew after decade-long freeze: Israel
Source: IANS
3/10/2022 9:46:40 AM
I2U2 diplomats meet to review projects, discuss cooperation Diplomats from the I2U2 group comprising India, Israel, the US and the United Arab Emirates (UAE) met here to discuss their economic cooperation and review their projects, according to the State Department. The meeting on Tuesday that took place on the sidelines of the UN General Assembly was attended by India's External Affairs Secretary for Economic Relations Dammu Ravi, US Under Secretary of State Jose Fernandez, Israeli Ministry of Foreign Affairs Director General Alon Ushpiz, the ...
I2U2 diplomats meet to review projects, discuss cooperation
I2U2 diplomats meet to review projects, discuss cooperation
Source: IANS
21/09/2022 3:39:45 PM
Israel approves 6-country annual conference  Israel's cabinet has approved the establishment of an annual gathering of senior officials from the US and five Middle Eastern countries, namely Israel, the United Arab Emirates (UAE), Bahrain, Morocco and Egypt. The decision "institutionalises" the work of the Negev Forum, a six-party meeting held in Sde Boker in southern Israel's Negev Desert in March 2022, said a statement issued by Israeli Prime Minister Yair Lapid's office. The Negev Forum will act on th...
Israel approves 6-country annual conference
Israel approves 6-country annual conference
Source: IANS
19/09/2022 9:20:56 AM
Home prices in Israel record sharpest rise in 12 yrs  Home prices in Israel in the June-July period registered a year-on-year increase of 17.9 per cent, the highest in 12 years, the country's Central Bureau of Statistics reported. This is the highest since a year-on-year rise of about 20 per cent was registered in June-July 2010, according to Bureau data. Compared to May-June, home prices in Israel rose by 1.3 per cent, Xinhua news agency quoted the Bureau as saying. Israel's year-on-year inflation stood at 4.6 per cent ...
Home prices in Israel record sharpest rise in 12 yrs
Home prices in Israel record sharpest rise in 12 yrs
Source: IANS
16/09/2022 1:40:53 PM
Israeli Prime Minister meets UAE FM to mark 2nd anniversary of diplomatic ties Israeli Prime Minister Yair Lapid met in Jerusalem with visiting Foreign Minister of the United Arab Emirates (UAE) Sheikh Abdullah bin Zayed Al Nahyan to mark the second anniversary of the normalisation of ties between the two countries. Lapid met Sheikh Abdullah for a one-on-one meeting, which was followed by an expanded meeting with teams from both sides, according to a statement from Lapid's office on Thursday. The UAE Foreign Minister arrived in Israel on Wednesday with a deleg...
Israeli Prime Minister meets UAE FM to mark 2nd anniversary of diplomatic ties
Israeli Prime Minister meets UAE FM to mark 2nd anniversary of diplomatic ties
Source: IANS
16/09/2022 10:53:48 AM
Israel launches plan to accelerate renewable energy deployment Israel launched a plan to accelerate the deployment of renewable energy infrastructures throughout the country, the energy ministry has said in a statement. The plan aims to set up renewable energy facilities in all new, non-residential constructions in Israel, and to remove barriers to expanding the electricity grid to carry more electricity generated by renewable energy, Xinhua news agency cited the statement as saying. In addition, about 70 state-owned companies will integrate renewa...
Israel launches plan to accelerate renewable energy deployment
Israel launches plan to accelerate renewable energy deployment
Source: IANS
12/09/2022 10:53:21 AM
Israel announces biggest rate hike in 2 decades The Bank of Israel has announced its decision to raise its basic interest rate by 0.75 percentage points from 1.25 percent to 2 per cent, the biggest rate hike in two decades. Back in July 2002, the Bank of Israel increased its rate by 2.64 percentage points from 6.46 per cent to 9.1 per cent, reports Xinhua news agency. The current interest rate of 2 per cent is also the highest since December 2012 when the rate was the same figure. This is the fourth consecutive rate hike in Israel...
Israel announces biggest rate hike in 2 decades
Israel announces biggest rate hike in 2 decades
Source: IANS
23/08/2022 11:24:10 AM
Champions League: Maccabi Haifa draw Olympiacos in second qualifying round Israeli champions Maccabi Haifa snatched a dramatic 1-1 home draw against Greek champions Olympiacos Piraeus in the second qualifying round of the UEFA Champions League on Wednesday evening. The team that advances to the third round will be determined after the second-leg match to be held on July 27 in Piraeus. The winner in aggregate will face Cypriot champion Apollon Limassol. In other second qualifying round matches played on Wednesday, Ukraine's Dynamo Kyiv were held goalless by...
Champions League: Maccabi Haifa draw Olympiacos in second qualifying round
Champions League: Maccabi Haifa draw Olympiacos in second qualifying round
Source: IANS
21/07/2022 12:48:38 PM
Israel to set up national calculation centre to predict climate change impact The Israeli government has approved the establishment of a national climate calculation centre to predict the regional impact of global warming. The new research centre will be equipped with a supercomputer with substantial research and database capabilities to enable detailed climatic forecasts in the future, according to a statement jointly issued by five ministries and the Israel Water and Sewage Authority on Sunday. The centre will be operated by the Israeli Meteorological Service u...
Israel to set up national calculation centre to predict climate change impact
Israel to set up national calculation centre to predict climate change impact
Source: IANS
18/07/2022 8:55:24 AM
I2U2 of India, Israel, US, UAE launched to contribute to world in time of uncertainties  Launching the I2U2, Indian Prime Minister Narendra Modi declared on Thursday that working together, India, Israel, the US and the United Arab Emirates will make an important contribution at the global level in a time of uncertainties as it takes on an economic and humanitarian role. The Middle East Quad, known as I2U2 derived from the initials of the four nations, took off at a summit in Jerusalem of Modi and UAE Prime Minister Sheikh Mohammed bin Zayed Al Nahyan participating remote...
I2U2 of India, Israel, US, UAE launched to contribute to world in time of uncertainties
I2U2 of India, Israel, US, UAE launched to contribute to world in time of uncertainties
Source: IANS
15/07/2022 8:58:25 AM
UAE announces $2 billion investment in India `food parks` to ease shortages The United Arab Emirates has pledged $2 billion to help develop a series of "food parks" in India to tackle food insecurity in South Asia and the Middle East, the UAE, India, the United States and Israel said on Thursday. The idea is to bring farmers, processors and retailers together in one place using the latest climate technology to minimise waste, conserve water and maximise crop yields. The four countries would also advance renewable energy projects in India, they said in...
UAE announces $2 billion investment in India `food parks` to ease shortages
UAE announces $2 billion investment in India `food parks` to ease shortages
Source: Reuters
14/07/2022 3:23:40 PM
I2U2: India, Israel, UAE, US leaders` virtual summit on July 14 Prime Minister Narendra Modi has confirmed his participation in the first I2U2 leadership summit to be held virtually on Thursday. The summit aims to encourage joint investments in six mutually identified areas -- water, energy, transportation, space, health, and food security. It also intends to mobilise private sector capital and expertise to help modernise the infrastructure, low carbon development pathways for our industries, improve public health, and promote the development of cr...
I2U2: India, Israel, UAE, US leaders` virtual summit on July 14
I2U2: India, Israel, UAE, US leaders` virtual summit on July 14
Source: IANS
12/07/2022 2:12:31 PM
Israel to invest $880 mn in climate technology innovation Israel's Ministry of Environmental Protection has announced that the country will invest 3 billion shekels (about $880 million) to facilitate innovation in climate technologies. The decision is aimed at accelerating innovation in Israel's climate tech ecosystem to support Israel's efforts to address the climate issue, Xinhua news agency reported, citing the ministry. Major quantitative goals to support climate innovation stated in the decision are expected to be met by 2026....
Israel to invest $880 mn in climate technology innovation
Israel to invest $880 mn in climate technology innovation
Source: IANS
27/06/2022 9:24:15 AM
Israeli university launches research institute for AI medicine The Israel Institute of Technology (Technion) has announced that it has set up the country's first Artificial Intelligence (AI) research institute for tech solutions in medicine. The Zimin Institute for AI Solutions in Healthcare at the Technion, on Sunday jointly launched and operated with Russian charity Zimin Foundation, would focus on multidisciplinary research and tech development in human health and medicine using big data and computational learning, Technion said in a statement....
Israeli university launches research institute for AI medicine
Israeli university launches research institute for AI medicine
Source: IANS
13/06/2022 8:53:55 AM
Israel's inflation rate hits 4%, highest in nearly 11 yrs Israel's inflation reached 4 per cent in April as compared to the same period in 2021, with a monthly increase of 0.8 per cent, the Israeli Bureau of Statistics said. April's rise also beat the 3.5-per cent in March to hit a new record high since June 2011, mainly due to a 5.5-per cent price increase in fresh vegetables, and a 2.8-per cent increase in clothing, said the statistics bureau on Sunday. It is also the third consecutive month for the year-on-year consumer price index ...
Israel's inflation rate hits 4%, highest in nearly 11 yrs
Israel's inflation rate hits 4%, highest in nearly 11 yrs
Source: IANS
16/05/2022 9:49:03 AM
Greece, Cyprus, Israel vow to boost energy cooperation Greece, Cyprus and Israel have pledged in Greek capital Athens on Tuesday to strengthen cooperation in the energy sector in the wake of the Ukraine-Russia crisis. "Diversifying gas supplies has become a top priority," Greek Foreign Affairs Minister Nikos Dendias said after a trilateral meeting of Foreign Affairs Ministers, Xinhua news agency reported. The conflict in Ukraine "stands to change the structure of the European and Middle Eastern energy markets," said Isra...
Greece, Cyprus, Israel vow to boost energy cooperation
Greece, Cyprus, Israel vow to boost energy cooperation
Source: IANS
6/04/2022 10:39:25 AM
Indian, Israeli companies sign MoU for fertiliser supply Amid possible shortage and cost escalation due to Ukraine-Russia conflict, companies from India and Israel on Monday signed an MoU for the supply of muriate of potash (MOP) for five years. The MoU between Indian Potash Ltd (IPL), under the Department of Fertilisers, Ministry of Chemicals and Fertilisers, and Israel Chemicals Ltd (ICL) will be for the period 2022 to 2027 with a yearly quantity of 6 to 6.5 LMT. The MoU would prove beneficial in view of the affected supply chain of potash ...
Indian, Israeli companies sign MoU for fertiliser supply
Indian, Israeli companies sign MoU for fertiliser supply
Source: IANS
22/03/2022 11:55:31 AM
India boosts fertiliser imports from Canada, Israel as Russian supply disrupted NEW DELHI  -India is boosting fertiliser imports from nations including Canada and Israel to ensure sufficient supplies for the coming summer sowing season after the disruption of shipments caused by Russia's invasion of Ukraine. India is a leading importer of fertilisers for its huge agriculture sector, which employs about 60% of the country's workforce and accounts for 15% of the $2.7 trillion economy. "This time we have made advance preparations for kharif (summer s...
India boosts fertiliser imports from Canada, Israel as Russian supply disrupted
India boosts fertiliser imports from Canada, Israel as Russian supply disrupted
Source: Reuters
16/03/2022 9:35:49 AM
Gasoline price in Israel to reach 8-yr high The Israeli Ministry of Energy has announced an increase in fuel prices from March 1. The maximum price for unleaded 95-octane gasoline, which is supervised by the Israeli government, is set at 7.05 shekels ($2.18) per litre beginning on March 1, up 34 cents from February, according to the Ministry's monthly fuel pricing bulletin. According to historical data published by the Ministry, the price has been at its highest level since November 2014, when it was likewise fixed at 7.05 sh...
Gasoline price in Israel to reach 8-yr high
Gasoline price in Israel to reach 8-yr high
Source: IANS
28/02/2022 9:45:26 AM