ICEN articles from May 1991

ICEN archives from May 1991

Elscint turnaround continues.
May 3, 1991... Elscint Turnaround Continues Elscint reported consolidated revenues totaling $45.2 million for the first quarter of 1991, a 27 percent increase over the corresponding 1990 period. Net income for the quarter was $3.2 million ($0.04 per...

Business Forum Conference. (Haifa, Israel)
May 3, 1991... Business Forum Conference This special of ICEN is published to coincide with the Second Business Forum Conference taking place in Haifa between May 6 and May 9. The publishers and staff at ICEN extend our warmest welcome to the conference...

Jerusalem book fair. (15th Jerusalem International Book Fair, Jerusalem, Israel)
May 3, 1991... Jerusalem Book Fair The week-long 15th Jerusalem International Book Fair opened its doors on April 28, offering the most comprehensive lineup of exhibitors ever in its 30-year history. As in the past, the fair brings together leading Israeli...

Harish nixes IDB sale to Recanatis. (Israel. Attorney General Yosef Harish, IDB Bankholding Corp., Recanati family)
May 3, 1991... Harish Nixes IDB Sale to Recanatis In line with the recommendation of Attorney General Yosef Harish, negotiations between M.I. Holdings and the Recanati family for sale of the controlling interest in IDB Bankholding Corporation have ceased....

Regional problems affect Dan Hotels. (Dan Hotels Corp.)
May 3, 1991... Regional Problems Affect Dan Hotels The Dan Hotels Corporation, owners of the Dan hotels in Jerusalem, Tel Aviv, Haifa, Herzliya and Caesaria, registered a loss of NIS 5.1 million in 1990 compared to a token profit of NIS 307,000 in 1989. Due...

Carlson in bed with Clal. (Carlson Companies Inc., Clal, Israel, Ltd.'s Azorim Investment Development and Construction contract)
May 3, 1991... Carlson in Bed with Clal Azorim Investment Development and Construction, a subsidiary of Clal, has signed an agreement with the U.S. corporation Carlson Companies for the management of its apartment hotels. Carlson owns 75 companies...

Shamrock negotiates for Tadiran. (Tadiran-Israel Electronics Industries Ltd.)
May 3, 1991... Shamrock Negotiates for Tadiran The U.S. investment house Shamrock, a Walt Disney subsidiary, is conducting advanced negotiations to acquire Tadiran from Koor Industries. Koor creditors have been pressing for the sale of Tadiran for some...

Jesselson invests in Elitec. (Jesselson Group, Elitec Industries)
May 3, 1991... Jesselson Invests in Elitec The Jesselson Group of the U.S., shareholders in Elite, Promedico, Holland Israel Co. and other companies, has purchased shares in Elitec Industries worth NIS 1 million; this represents a 15 percent shareholding...

Laser Industries rebound.
May 3, 1991... Laser Industries Rebound Sales of Laser Industries in the first quarter of 1991 amounted to $8.6 million compared to $7.5 million for the same period in 1989 - an increase of 14.3 percent. Net income for the quarter was $81,000 or $0.02 per...

Very positive free market results. (Israel citrus fruit industry) (Agriculture)
May 3, 1991... Very Positive Free Market Results Gadi Shalipin, director-general of the Agriculture Ministry, told members of the Knesset economic affairs committee that since disbandment of the Citrus Marketing Board (CMB), prices have dropped by 50...

Flower exports bloom, margins droop. (Israel) (Agriculture)
May 3, 1991... Flower Exports Bloom, Margins Droop Israeli exports of flowers in the 1990/91 season will total 730 million flowers, resulting in $140 million income, compared to $125 million in revenue from the export of 630 million flowers in 1989. This...

Czech/Israel aviation agreement. (Aviation)
May 3, 1991... Czech/Israel Aviation Agreement Following resolution of a dispute over security arrangements, Transport Minister Moshe Katsav and his Czech counterpart Jiri Nezval have signed a formal aviation agreement. Direct flights between the two...

Israel/Turkey charter disagreement. (charter flight agreement) (Aviation)
May 3, 1991... Israel/Turkey Charter Disagreement A charter flight agreement between Israel and Turkey is being held up due to Turkish refusal to accept the strict security requirements of Israel. The agreement concerns charter flights of Israeli airlines...

Delay in Saturday permits. (airlines in Israel) (Aviation)
May 3, 1991... Delay in Saturday Permits Foreign airlines operating in Israel are meeting to discuss the delays in obtaining permits from the Ministry of Labor and Social Affairs to operate flights on Saturdays. For many years, the airlines submitted...

Nimrodi withdraws UMB bid. (Nimrodi family's Hachsharat Hayishuv, United Mizrahi Bank Ltd.) (Banking)
May 3, 1991... Nimrodi Withdraws UMB Bid The bid of Hachsharat Hayishuv (in conjunction with Moshe Bornstein of Tempo Beer Industries) for United Mizrahi Bank has been withdrawn due to a dispute between the Nimrodi family (owners of Hachsharat Hayishuv)...

FIBI investment centers. (First International Bank of Israel Ltd.) (Banking)
May 3, 1991... FIBI Investment Centers First International Bank of Israel has opened 10 centers offering advice and information on shares, convertible securities, options and debentures. The centers will be staffed by experienced personnel who have...

Leumi streamlines in Europe. (Bank Leumi le-Israel) (Banking)
May 3, 1991... Leumi Streamlines in Europe In efforts to increase profitability, managing director of Bank Leumi David Friedman, is applying pressure on the directors of its subsidiaries in Britain and France to continue reducing expenses and streamline...

Gad Ze'evi joins Meir group in UMB bid. (Zmiha Investment House, United Mizrahi Bank Ltd.) (Banking)
May 3, 1991... Gad Ze'evi Joins Meir Group in UMB Bid Businessman Gad Ze'evi is joining the Meir group in its bid for a 51 percent interest in United Mizrahi Bank; the Zmiha Investment House (partially owned by Meir) was instrumental in initiating the new...

Jerusalem mortgage bank sold. (Bank of Jerusalem, Jerusalem, Israel) (Banking)
May 3, 1991... Jerusalem Mortgage Bank Sold The Export Investment Company, which holds a 33 percent interest in the Bank of Jerusalem for Development and Mortgages, has acquired the remaining 67 percent of the bank's shares from the Wolfson, Clore, Mayer...

More sales and income for Frutarom. (Electrochemical Industries, Frutarom, Ltd.) (Chemicals)
May 3, 1991... More Sales and Income for Frutarom Electrochemical Industries (Frutarom) reported net income of $8.3 million on sales of $120.7 million in 1990, as opposed to earnings of $2.7 million on revenues of $118.1 million in 1989. Joseph Geva, vice...

Monsanto/Pazchem renew agreement. (Chemicals)
May 3, 1991... Monsanto/Pazchem Renew Agreement Pazchem, the Tel Aviv-based manufacturer of chemicals and pesticides, has renewed an agreement with the U.S. firm Monsanto to market its pesticides in Israel. Pazchem, which has suffered significant losses in...

Offers for Izhar. (Izhar Industries) (Chemicals)
May 3, 1991... Offers for Izhar Two offers to acquire edible oils manufacturer Izhar Industries (in receivership) have been submitted to the Tel Aviv District Court. The U.S. manufacturer Rad Rock, in partnership with Yehoshua Leibowitz, formerly one of...

Immobilization of chemical compounds in glasses. (Hebrew University of Jerusalem research) (Chemicals)
May 3, 1991... Immobilization of Chemical Compounds in Glasses Researchers at Hebrew University have developed a simple procedure to entrap organic and inorganic reagents in porosive transparent glasses which can be formed into any desired shape. The method...

Results down at Fibronics. (Communications)
May 3, 1991... Results Down at Fibronics Fibronics, the Haifa-based manufacturer of local area communication devices, voice and video multiplexers and fiber optic products, reported reduced income for the first quarter of 1991 - sales amounted to $13.7...

Minister visits with Shamrock and AT&T. (Israel. Minister of Communications Raphael Pinhasi) (Communications)
May 3, 1991... Minister Visits with Shamrock and AT&T The Ministry of Communications is interested in setting up regional radio stations throughout the country. Communications Minister Raphael Pinhasi recently visited the U.S. and saw the latest...

U.S. financing for Mashov. (Mashov Computers) (Computers)
May 3, 1991... U.S. Financing for Mashov Mashov Computers, developers of the MAGIC applications software, is planning to raise $5 million on U.S. financial markets. The company, whose shares currently traded on the Tel Aviv Stock Exchange, has not yet...

Foreign interest in Xanadu. (IBM, Tandy Corp.) (Computers)
May 3, 1991... Foreign Interest in Xanadu IBM and Tandy have expressed an interest in acquiring the Jerusalem-based computer firm Xanadu currently in receivership; offers will be accepted by the receiver until the end of May. Xanadu registered sales of...

R.T.S. export growth. (R.T.S. Relational Technology Systems) (Computers)
May 3, 1991... R.T.S. Export Growth R.T.S. Relational Technology Systems, the Jerusalem-based software manufacturer, exported $800,000 in software during 1990. The company, established three years ago by Samuel Hacohen and Vladimir Morgenstern, employs 55...

Cost-cutting at Clal.(Clal Israel Ltd.) (Conglomerates)
May 3, 1991... Cost-Cutting at Clal The new management at Clal is seeking to reduce expenses by up to 20 percent in the coming year. Divisional managers have been asked to submit plans to meet this objective; the intention is to cut expenses by reducing...

Argus erecting plant. (Argus International Co., prefabricated houses factory) (Construction)
May 3, 1991... Argus Erecting Plant The investment company Argus International, which recently acquired 50 percent of Paz Oil and Sahar Development and Investments from Jack Lieberman, intends to establish a plant for the manufacture of prefabricated...

Ramet wins tenders. (contracts) (Construction)
May 3, 1991... Ramet Wins Tenders Ramet building contractors, owned by the Alperin family, has won a NIS 15 million tender to prepare the Kfar Hayarok junction for construction of a traffic overpass. The project includes road expansion and construction of...

Azorim Neve Gan project. (Azorim Investment Development and Construction, Neve Gan, apartment houses, Jerusalem, Israel) (Construction)
May 3, 1991... Azorim Neve Gan Project Azorim Investment Development and Construction will construct apartments of varying sizes in a new $50 million project called Neve Gan. The site is adjacent to the Kiryat Shaul cemetery in Jerusalem and was acquired...

Jerusalem housing deal. (Jerusalem, Israel, Nurit apartment house acquisition) (Construction)
May 3, 1991... Jerusalem Housing Deal Construction companies Shikun Ovdim and Kim Lustigman, jointly building 129 apartments in Pisgav Zeev East - Jerusalem have sold them all to Nurit, an association of young couples and new immigrants. The deal is worth...

Ackerstein losses. (Ackerstein Zvi) (Construction)
May 3, 1991... Ackerstein Losses Ackerstein Zvi ended 1990 with a loss of NIS 4.8 million on sales of NIS 67.5 million compared to a profit of NIS 2.6 million on revenues of NIS 52.5 million in 1989. This is the first loss registered by Ackerstein since...

Improvement at Tahal. (Tahal Consulting Engineers) (Construction)
May 3, 1991... Improvement at Tahal Tahal Consulting Engineers, the government-owned water planning company, registered a dramatic turnaround in 1990 - the company lost only NIS 2 million compared to NIS 21.5 million in 1989. The improvement was achieved...

Still more shopping malls. (Israel) (Consumer)
May 3, 1991... Still More Shopping Malls Despite rising unemployment, three more shopping malls recently opened with many more under construction. Some consumer experts hold the view that the public is tired of large malls, preferring smaller commercial...

Eagle scoop in Scandinavia. (Eagle Military Gear Overseas contract) (Defense and Security)
May 3, 1991... Eagle Scoop in Scandinavia Eagle Military Gear Overseas has received a $700,000 order from an unnamed Scandinavian army for armored vests and sapper trousers. Eagle, located in Ashkelon, is the leading manufacturer in the world of armored...

Pinchasi re-elected. (Pini Pinchasi, Israel Precious Stones and Diamond Exchange) (Diamonds, Jewelry and Gems)
May 3, 1991... Pinchasi Re-Elected Faced with recessional pressures in the major precious stones consumer markets and confronted with the need for Israel's gemstone traders to develop innovative marketing methods, the members of the Israel Precious Stones...

New components plant. (Elisra-Gan) (Electronics)
May 3, 1991... New Components Plant Elisra Electronic Systems, manufacturers of electronic military systems, in partnership with a French investor Jean Ganouna, has established a plant, Elisra-Gan, to manufacture electronic components for export markets;...

North Hills doubles sales. (North Hills Israel Ltd.) (Electronics)
May 3, 1991... North Hills Doubles Sales North Hills Israel a leading manufacturer in the field of communications, registered sales of NIS 14 million in 1990 - a 50 percent increase over 1989. The Israeli plant, located in Yokneam, employs 130 people....

Rada profit drop. (Rada Electronic Industries Ltd.) (Electronics)
May 3, 1991... Rada Profit Drop Rada Electronic Industries, developers and manufacturers of military computers and avionics systems, registered profits of $1 million in 1990 compared to $1.3 million in 1989 - a drop of 30 percent. Sales turnover totaled...

Computer architecture. (The State-of-the-Art Computer Architecture seminar, Herzliya, Israel) (Exhibitions, Conferences, and Seminars)
May 3, 1991... Computer Architecture The Technology Training Corporation is sponsoring a three-day seminar entitled "The State-of-the-Art of Computer Architecture" at the Dan Accadia Hotel-Herzliya beginning June 11. The guest speaker will be Dr. Yale N....

International Marketing Week. (Israel. Ministry of Trade and Industry's International Marketing Week Conference, Jerusalem, Israel) (Exhibitions, Conferences, and Seminars)
May 3, 1991... International Marketing Week The Ministry of Industry and Trade in conjunction with the Israel Export Institute is organizing an International Marketing Week Conference to be held in Jerusalem from June 11-13. The theme of the conference is...

New debenture tender method. (Tel-Aviv Stock Exchange) (Finance)
May 3, 1991... New Debenture Tender Method The Tel Aviv Stock Exchange is considering permitting companies to issue debentures by the "discriminatory tender" method currently in use at the Bank of Israel. The method, also called the "graded tender",...

No Bank of Israel loans in May. (Finance)
May 3, 1991... No Bank of Israel Loans in May The Bank of Israel will not extend weekly loans to the banks during May, though it will offer the public NIS 200 million within the framework of the weekly monetary tenders. The decision was attributed to the...

Claridge aiding small business. (Claridge Small Business Development Fund) (Finance)
May 3, 1991... Claridge Aiding Small Business Charles Bronfman, Jonathan Kolber and Israel Discount Bank have decide to inject additional capital into the Claridge Small Business Development Fund which was established only three months ago with capital of...

Bank Hapoalim issue. (Finance)
May 3, 1991... Bank Hapoalim Issue Bank Hapoalim intends to raise NIS 36.5 million on the Tel Aviv Stock Exchange by an issue of dollar-linked bonds. The issue will be underwritten by subsidiary Poalim Capital Markets and Investments. The funds raised will...

Formal Bank of Israel approval for ADRs. (associated deposit receipt) (Finance)
May 3, 1991... Formal Bank of Israel Approval for ADRs The supervisor of foreign currency at the Bank of Israel has authorized Israeli companies whose shares are traded on the Tel Aviv Stock Exchange to issue ADR (Associated Deposit Receipt) certificates in...

Jump in R & D investments. (research and development projects, Israel) (Finance)
May 3, 1991... Jump in R & D Investments The Chief Scientist of the Ministry of Industry and Trade approved 705 research and development projects out of a total of 976 applications in the 1990/91 budget year. The projects received grants totaling NIS 234...

Immigration absorption plan. (Bank of Israel) (Finance)
May 3, 1991... Immigration Absorption Plan The research division of the Bank of Israel has prepared a five-year plan for new immigrant absorption. The plan, which has been submitted to the government of Prime Minister Yitzhak Shamir, is based on an intake...

Brewery flotation. (Tempo Beer Industries Ltd.) (Food, Beverages and Tobacco)
May 3, 1991... Brewery Flotation Moshe Bornstein, holder of a controlling interest in Tempo Beer Industries, will soon issue one-third of the company's shares to the public; this will decrease the Bornstein family's interest in the company to 61 percent....

Osem to SlimFast. (Osem Food Industries) (Food, Beverages and Tobacco)
May 3, 1991... Osem to SlimFast Osem Food Industries has received an order from SlimFast, one of the largest companies in the U.S. in the field of health foods. Initially, Osem is manufacturing a series of soups for SlimFast, which has annual sales of $1...

Maccabee Light. (Tempo Beer Industries Ltd. introduces Maccabee Light, beer) (Food, Beverages and Tobacco) (product announcement)
May 3, 1991... Maccabee Light Tempo Beer Industries has introduced a light beer called Maccabee Light. A 330-milliliter bottle of the new beer will have 79 calories (versus 150 calories in the regular beer) and an alcohol content of 3.6 percent (compared...

New buyer surfaces for Milousun and Miloutal. (Ben Natan family, Milousun-Milouot, Miloutal-Talfrost) (Food, Beverages and Tobacco)
May 3, 1991... New Buyer Surfaces for Milousun and Miloutal The Ben Natan family, owners of Hish Processing and Conveyancing Technology, are negotiating to buy Miloutal-Talfrost and Milousun-Milouot; the former produces frozen vegetables while the latter...

Off may be out. (Off Jerusalem) (Food, Beverages and Tobacco)
May 3, 1991... Off May Be Out Poultry processors Off Jerusalem have accumulated a NIS 4.2 million deficit over the last 14 months, partially offset by a NIS 600,000 profit from the meat processing division. Off Jerusalem is owned by the moshav settlements...

New glass technology. (Hebrew University of Jerusalem develops new glass making technology) (Glass and Ceramics)
May 3, 1991... New Glass Technology Researchers at the Institutes of Chemistry, Biotechnology and Environmental Sciences of the Hebrew University have developed a novel class of glassy ceramic materials. These are inorganic oxide glasses in which organic...

Life insurance changes. (Insurance)
May 3, 1991... Life Insurance Changes As of January, 1992, life insurance policies sold to the public will be offered with profits and will no longer bear government-controlled fixed interest as is the case with current life insurance policies. Insurance...

Creating jobs via emerging technologies. (CUBIT) (Labor) (company profile)
May 3, 1991... Creating Jobs via Emerging Technologies With the continued arrival of Soviet scientists and engineers, it is becoming more and more difficult for these immigrants to find employment. CUBIT, a Jerusalem-based company with a unique approach in...

Nettlesome unemployment. (Labor)
May 3, 1991... Nettlesome Unemployment If the 10.7 percent unemployment forecast of Finance Minister Yitzhak Moda'i comes true, Israel will have a higher jobless rate than most of the developed countries. Out of the 10 major Western countries, only Italy,...

Lack of work safety. (Israeli industrial accidents) (Labor)
May 3, 1991... Lack of Work Safety At a recent work safety symposium held in Tel Aviv, Deputy Minister of Labor and Social Affairs Menahem Porush told participants that in 1990 there were 60,000 work accidents responsible for losses of NIS 1.2 billion. MK...

Rafael into advanced medical instruments. (Rafael's Galram Ltd. to establish medical instruments and appliances company) (Medical Equipment)
May 3, 1991... Rafael into Advanced Medical Instruments Rafael, through its wholly-owned subsidiary Galram, is holding negotiations to establish a company to engage in the manufacture of advanced medical instrumentation; the proposed investment totals some...

Desalination installation for U.S. Navy in Cuba. (IDE Technologies contract) (Metal and Electrical)
May 3, 1991... Desalination Installation for U.S. Navy in Cuba IDE Technologies, a world leader in the field of desalination, is installing a desalination plant in the U.S. naval base Guantanamo, located in Cuba (the U.S. signed a long-term agreement with...

New quiet compressor. (Airmac Industries develops new silent rotary air compressor) (Metal and Electrical)
May 3, 1991... New Quiet Compressor Airmac Industries of Rosh Haayin, manufacturers of compressors and engineering equipment, has developed a new line of silent rotary air compressors. The units include coolers specially designed for local climatic...

First venture in Eilat free trade zone. (Negev Wires, Elath, Israel) (Metal and Electrical) (company profile)
May 3, 1991... First Venture in Eilat Free Trade Zone Negev Wires, a manu-facturer of fine copper conductors for the elec-tronics industry, is the first Israeli company to be established in Eilat's free trade zone. The plant received a government grant of...

More pipe fittings. (Egmo expands production capacity) (Metal and Electrical)
May 3, 1991... More Pipe Fittings Egmo, the Nahariya-based manufacturer of stainless steel fittings and valves for the food industry, has expanded its production capacity to produce stainless pipe fittings of various sizes and diameters. The fittings...

Toyota importers to invest $20 million. (Toyota, automobile, Union Motors) (Motor Industry)
May 3, 1991... Toyota Importers to Invest $20 Million Union Motors, the U.K. company owned by businessmen George Harash and Ezra Degmi that will serve as the Toyota agent in Israel, will invest between $20 million and $30 million in Israel over the next few...

Paper sales forecast. (Israel) (Paper and Publishing)
May 3, 1991... Paper Sales Forecast The Manufacturers Association forecasts a 5 percent increase in sales of paper and allied products in 1991, with the total market amounting to $830 million. Exports for 1991 are estimated at $31 million - an increase of...

Bio Technology on Wall Street. (Bio Technology General Israel) (Pharmaceuticals and Cosmetics)
May 3, 1991... Bio Technology on Wall Street Bio Technology General Israel, the Rehovot-based company engaged in genetic engineering and development of pharmaceuticals and veterinary products, is looking to raise capital on Wall Street. The company is...

Olmert to break drug monopoly. (Israel. Minister of Health Ehud Olmert, Kupat Holim monopoly) (Pharmaceuticals and Cosmetics)
May 3, 1991... Olmert to Break Drug Monopoly Health Minister Ehud Olmert intends to break the drug monopoly of the Kupat Holim, which currently markets 70 percent of all drugs dispensed. Addressing a meeting of the Likud party health committee, Olmert said...

Drafton sold to Gadi Investments. (Plastics and Rubber)
May 3, 1991... Drafton Sold to Gadi Investments Drafton, the Jerusalem-based manufacturer of ball and fiber-tipped pens, markers and highlighters, has been sold to Gadi Investments, owned by Hezi Shelah, for NIS 2.5 million. The transaction included 1.27...

Hachsharat Hayishuv to Raot. (office building acquisition, Raot, Israel) (Real Estate)
May 3, 1991... Hachsharat Hayishuv to Raot Hachsarot Hayishuv has acquired a commercial center in the village of Raot in the Modi'in region for $5 million. Raot was built mainly for regular army personnel; the center occupies 6,000 square meter with an...

Hossen director resigns. (Hossen Electrical Co., Emanuel Garncsy) (Retail)
May 3, 1991... Hossen Director Resigns Emanuel Garncsy, managing director of Hossen Electrical Co., has resigned in protest following the Directors decision not to market Sauter products. Hossen, which is owned by Koor Industries and the Hackmey family of...

SKY claims copyright infringement. (Sky Channel) (Sports and Entertainment)
May 3, 1991... SKY Claims Copyright Infringement The British television network SKY claims Israeli cable companies are infringing copyright laws by beaming their satellite television broadcasts to viewers in Israel. SKY, which claims that only Britain and...

Argaman still in the red. (Argaman Industries) (Textiles)
May 3, 1991... Argaman Still in the Red Argaman Industries, textile dyers and finishers, ended 1990 with a loss of NIS 9.6 million compared to a loss of NIS 24.6 million in 1989. Sales totaled NIS 67.7 million as opposed to NIS 78.8 million in 1989. In...

French manufacturing license for Shilav. (Catimini contract) (Textiles)
May 3, 1991... French Manufacturing License for Shilav Shilav, marketers of baby products and children's clothing, has obtained a franchise to manufacture infant and children's clothing of the French company Catimini. Shilav, a Tel Aviv-based company...

El Al to Eilat. (El Al Israel Airlines, flights from Europe to Elath, Israel) (Tourism)
May 3, 1991... El Al to Eilat El Al is planning to operate 12 weekly flights from Europe to Eilat for the 1992 winter season. El Al is targeting 30,000 tourists seeking fun in the sun and as part of its promotional campaign brought 150 European travel...

Patt gets Hungary. (Israel. Minister of Tourism Gideon Patt) (Tourism)
May 3, 1991... Patt Gets Hungary Following a state visit by Minister of Tourism Gideon Patt, the Hungarian Ministry of Tourism would like the Dan Hotels Corporation to establish and manage hotels in Hungary; Hungarian officials are also interested in...

Better Greek ties. (Israel relations with Greece) (Tourism)
May 3, 1991... Better Greek Ties Greece is apparently interested in strengthening economic ties with Israel, particularly in the field of tourism. The foreign minister of Greece is due to visit Israel shortly and the Ministry of Tourism is preparing a...

Intourist comes to Israel. (Tourism)
May 3, 1991... Intourist Comes to Israel The Soviet tourist agency Intourist will open an office in Tel Aviv to provide information to local travel agents on all matters relating to tourism in the Soviet Union. In parallel, the Soviet consulate in Tel Aviv...

New Amtrak agent. (United States. National Railroad Passenger Corp., Tal Aviation) (Tourism)
May 3, 1991... New Amtrak Agent Tal Aviation, the Israeli representative of American Airlines, Air Canada and the Australian airline Quantas, has been appointed agents for Amtrak the U.S. rail network. The agreement between the companies specifies that Tal...

From Mecca to Jerusalem. (Islamic Tours, Mecca, Saudi Arabia, Jerusalem, Israel) (Tourism)
May 3, 1991... From Mecca to Jerusalem Hachsharat Hayishuv Chairman Jacob Nimrodi, Meir Kaplan and Saudi businessman Adnan Khashoggi have established a company which will offer the Islamic tourist a tour package starting with a pilgrimage to Mecca and...

Progress in EC talks. (Israel/European Community trade agreement) (Trade)
May 3, 1991... Progress in EC Talks Preliminary discussions relating to changes in the 1975 Israel/European Community trade agreement were held recently in Brussels, where it was decided to submit positive recommendations to the Council of Ministers...

Trade deficits with South Africa. (Israel) (Trade)
May 3, 1991... Trade Deficit with South Africa South African exports to Israel in 1990 amounted to $220 million compared to $179 million in 1989 - an increase of 25 percent. In contrast, Israeli exports to South Africa registered a drop of 28 percent,...

And trade deficit with U.K. (Israel) (Trade)
May 3, 1991... And Trade Deficit with U.K. Israeli's trade deficit with the U.K. totaled 70 million [pounds] in 1990. U.K. imports from Israel amounted to 506.3 million [pounds] compared to 479.8 million [pounds] in 1989 - an increase of 5.5 percent, while...