|
Direct foreign investment in Israel decline sharply
Israel, Economics, 8/20/1998
The Bank of Israel stated on Wednesday that foreign investment in Israel fell by more than half during the first six months of the current year in comparison to the last six months of 1997.
Foreign investments in Israel reached US $1 billion in early 1998 compared to US $2.1 billion in the second half of 1997.
The decline included, in particular, direct investment in assets. The volume of international participation in Israeli companies fell by 72%, from US $1.027 billion to US $285 million.
The only positive point in this regard is the increase of foreign investors' purchases in the Tel Aviv Bourse by 150%. It reached US $575 million instead of US $230 million during the last season of 1997. It is worthy to note that in recent years foreign investments in Israel has recorded notable increase.
Previous Stories:
Israelis not satisfied with Swiss deal
(8/17/1998)
Warning bullet to judge for releasing killer of an Arab
(8/13/1998)
Israel's nuclear program: the art of saying yes and no together
(8/11/1998)
Please add a link on your webiste pointing to ArabicNews.com and bookmark ArabicNews.com & subscribe to our daily email news bulletin.
|
Advertise on ArabicNews.com. MyFlowers.com sold more than $2700 of flowers in one month advertising on ArabicNews.com! Make your company, and products a success. Special rate for new and small business. Inquire!Advertising Info
|
