ICEN articles from October 1991

ICEN archives from October 1991

New building method. (Haim Dotan construction methodology) (Construction)
October 25, 1991... The National Institute of Building Research of the Haifa Technion has approved a new method for the construction of highrise buildings utilizing steel girders and prefabricated screen walls. The method is extensively used in the U.S., Europe...

Standard and Poor optimistic. (Israel's ability to pay external debts)
October 25, 1991... Contrary to recent media reports which were based on a July publication by the Export-Import Bank which raised doubts as to Israel's ability to pay back loans, Standard and Poor's Helena Hessel, an expert on the Israeli economy, states that...

Lannet issue success.
October 25, 1991... Lannet Data Communications has successfully completed a share issue of $47 million ion NASDAQ. The issue was the largest initial public offering of an Israeli company and included 3,600,000 ordinary shares at $13.00 per share. Underwriting...

Tekelec U.S. sells NICE Systems.
October 25, 1991... The Californian company Tekelc, a world leader in the development and marketing of communications test equipment, reports that since it began marketing the ChameLAN-100, developed by NICE Systems in Israel, sales have totaled some $4 million....

Shamir to head delegation to U.S. (Yitzhak Shamir)
October 25, 1991... A delegation of 15 industrialists headed by Prime Minister Yitzhak Shamir is to visit the U.S. in November, 1991. The aim of the visit is to mobilize investors. Boston and Los Angeles will be the target cities. Members of the delegation...

Claridge opens Israel office. (Claridge Israel, Tel Aviv, Israel)
October 25, 1991... Claridge Israel opened its Tel Aviv office on October 20, at the Europa House office building. The office dedication party was attended by joint owners Charles Bronfman and Jonathan Kolber, as well as government ministers and Knesset...

Reuters signs with Financial Times. (Financial Times, London, newspaper)
October 25, 1991... An agreement between Reuters and Europe's business newspaper, the Financial Times, has been signed which will allow users the full text of the Times on the same day of publication. The addition of the Times to Reuter Company Newsyear will...

NYNEX takes RTS Software. (NYNEX subsidiary The Data Group, Serviceware, computer software)
October 25, 1991... NYNEX (the New York England telephone company) subsidiary, The Data Group, will market "Serviceware," a computerized management system for maintenance companies developed by RTS from Jerusalem. $1 million will be further invested to adapt...

Israel negotiates loans in Germany.
October 25, 1991... Source report that Israel is negotiating with banks and financial institutions in Germany for loans of $5 billion and is asking the German government to guarantee the sums in question. Israel is making efforts to raise $20 billion required...

Laser into dental applications. (Laser Industries)
October 25, 1991... Laser Industries of Tel Aviv, manufacturers of lasers for the medical industry under the name "Sharplan," has developed a carbon dioxide laser for soft tissue applications such as periodontics and oral surgery. It will be marketed worldwide...

Ormat keeps Turbines moving. (Ormat Turbines)
October 25, 1991... Ormat Industries Ltd. ended the first six months of 1991 with a profit of NIS 10.3 million compared to full year profits of NIS 8.6 million in 1990. However, the company registered a capital gain of NIS 11.5 million from the dilution of...

Immigration ad campaign. (Israel. Jewish Agency) (Advertising and Public Relations)
October 25, 1991... Wanting new immigrants to feel at home, the Jewish Agency has commenced a television service spot campaign entitled, "Now That They Are Home, Make Them Feel at Home", aimed at presenting immigration in a sympathetic light. The campaign...

Delta Airlines selects Gitam. (Advertising and Public Relations)
October 25, 1991... Advertising Agency Gitam Image Promotion Systems has been awarded the advertising budget of Delta Airlines, said to be the largest airline in the world. Delta recently acquired Pan Am and in November will begin operating flights between the...

Mazda advertising agency appointed. (Mazda, automobile, Warshavsky Freilich Dover) (Advertising and Public Relations)
October 25, 1991... Delek Motors, the newly appointed importers and dealers of the Japanese car company Mazda, has appointed Warshavsky Freilich Dover as Mazda's advertising agents. Following the announcements, Champion Motors, importers of Volkswagen/Audi...

Apples to Europe. (Agriculture)
October 25, 1991... Due to shortages, Israel is for the first time exporting apples to Europe and anticipates exports of 2,000 to 3,000 tons valued at $2 million. Only two varieties are to be exporte -- Golden and Granny Smith. Currently, exports of persimmons...

Tnuport acting as broker for Third World countries. (Agriculture)
October 25, 1991... The newly privatized fruit export company Tnuport International is to export $25 million worth of citrus for third world countries in the 1991/92 season. Exports of lemons from Turkey are already underway and overall Tnuport estimates it...

More air travelers. (airline flights to Israel) (Aviation)
October 25, 1991... Airlines operating scheduled flights to Israel report an 18.3 percent increase in the number of passengers carried in September, 1991 -- 306,690 compared to 259,354 in the same month last year. El AL, with 840 flights, carried 44.4 percent...

Discount provident fund buys Scitex. (Israel Discount Bank's mutual funds) (Banking)
October 25, 1991... The provident funds of the Israel Discount Bank have recently acquired some $10 million of Scitex Corp. shares. The funds have also acquired a mortgage portfolio valued at NIS 6 million from the Carmel Mortgage and Investment Bank. The...

More offers from FIBI. (First International Bank of Israel) (Banking)
October 25, 1991... The First International Bank of Israel (FIBI) is continuing to propose new offers to the public. The bank is offering overdrafts in foreign currency to clients authorized to deal in such. The minimum overdraft is $100,000 and interest will...

Separation of banking activities. (Bank of Israel regulations) (Banking)
October 25, 1991... The Bank of Israel Supervisor of Banks, Dr. Amnon Goldshmidt, is planning to issue new procedures aimed at achieving a separation between the operations of the banks in the capital market and their normal banking activities. The Bank of...

Elbit wins VOA tender. (Voice of America contract) (Communications)
October 25, 1991... Elbit Computers has been awarded the Voice of America tender for the erection of the transmitting station in the Negev. The Elbit proposal, in excess of $150 million, covers work to be implemented over three years. However, the contract can...

Night rates for cellular phones. (Motorola/Tadiran) (Communications)
October 25, 1991... Motorola/Tadiran is offering operators of the cellular phone service special phones for night use with special rates. Current charges for installation of a car phone range from NIS 4,000 to NIS 6,000. Charges for the night phone will range...

Bezeq pays dividend. (Communications)
October 25, 1991... The government-owned telecommunications and telephone company Bezeq, is to pay an interim dividend of NIS 0.065 per share. In the first half of 1991, the company registered a profit of NIS 114 million. However, most of the dividend of NIS 34...

Ebit expands abroad. (Computers)
October 25, 1991... Elbit Computers, the Haifa-based manufacturer of military systems has set up two new subsidiaries. The first, called Elbit Systems, is located in Michigan and will engage in the manufacture and marketing of high-tech products. It will...

Hertz Technology commences investment program. (Computers)
October 25, 1991... Eli Hertz, president of the Hertz Technology Group headquartered in New York City, has recently made his first Israeli investment by purchasing a computer dealer in Ashdod. Hertz, a native Israeli and personal computer industry pioneer, has...

Israeli software to U.K. hospitals. (Health Business Planner, computer software) (Computers)
October 25, 1991... The Israeli software house B-Plan through its subsidiary B-Plan Software U.K. has signed a contract to supply its Health Business Planner software to hospitals in the U.K. The programs cover financial and business planning applications for...

Hebrew version of AS/SET. (computer software) (Computers)
October 25, 1991... Applicum Systems has announced the availability of a Hebrew version of the CASE tool, AS/SET, which operates in the IBM PS/2 and AS/400 environment. The Hebrew version was developed by Applicum personnel in the U.S. facilities of SSA, the...

New "Magic" versions. (Mashov Computers' Magic, computer software) (Computers)
October 25, 1991... Mashov Computers is to show the latest version of its applications generator Magic at the forthcoming annual conference of the Israel Association for Information Processing. The new Windows 3.0 version is designed to opeate in various system...

German investment in Tiberias. (German Trade Union, Tiberias, Israel) (Construction)
October 25, 1991... Tiberias Hot Springs, a subsidiary of Africa Israel Investments, is forming a partnership with the holding company of the German Trade Union bank to build a 240-room apartment hotel in Tiberias. Each partner will invest $10 million and work...

Tax exemption for Gazit. (Construction)
October 25, 1991... The investment company Gazit, registered in Panama and the only overseas concern whose shares are traded on the Tel Aviv Stock Exchange in foreign currency, has received the status of "approved asset" for a building being erected in Tel Aviv....

Rassco returning to stock exchange. (Construction)
October 25, 1991... Building company Rassco Rural and Suburban Settlement Co. has submitted three financial statements tot he Tel Aviv Stock Exchange covering the periods up to the end of March 1990 and June 1991. Following the submissions, Rassco hopes trading...

New retirement home for Kfar Saba. (Kfar Saba, Israel) (Construction)
October 25, 1991... Ya'akov Salomon, a founder of Teva Pharmaceuticals, and Bluestein B.S. Building Contractors, are joining forces to build a retirement home in Kfar Saba. The home is to be located on a 8-acre site east of the local country club and the...

French aid for Ashdod marina. (Rothschild Bank, Ashdod, Israel) (Construction)
October 25, 1991... Sources say the French Rothschild Bank has agreed, after approval of the Board of Directors, to provide financial support up to $350 million for the Ashdod marina project. The Municipality intends to issue a tender for the marina which will...

Bear Stearns recoups investment in 3 years. (Jerusalem Economic Corp.) (Construction)
October 25, 1991... The U.S. investment bank Bear Stearns, Eliezer Fishman and Uzi Zucker, who acquired control of the Jerusalem Economic Corporation (JEC) in 1989 for the sum of $54.7 million, have, within three years recouped their entire investment by drawing...

Free trade area for diamonds. (Diamonds, Jewelry and Gems)
October 25, 1991... The Finance, Industry and Trade Ministries have approved a proposal to convert the Israel Diamond Exchange into a free trade zone which is expected to be in operation during November, 1991. Meanwhile, the International Diamond Syndicate is...

Credit line for Technology. (Union Bank of Israel) (Diamonds, Jewelry and Gems)
October 25, 1991... The Union Bank of Israel is offering diamond manufacturers a credit line of $5 million for the acquisition of new technology equipment. The announcement follows discussions with industry representatives and was made on the eve of an...

New hotel school in Holy City. (Dvir Hotel School, Jerusalem, Israel) (Education)
October 25, 1991... This week saw the opening of the Dvir Hotel School in Jerusalem. The school is located on the campus of the Hadassah College of Technology which is a joint sponsor of the project together with the Tourism and Labor Ministries, the Dan hotel...

Brown Boveri may build power station. (Asea Brown Boveri) (Energy and Fuels)
October 25, 1991... Sources say the Ministry of Energy is negotiating with the Swiss/Swedish company Asea Brown Boveri (ABB) for the erection of a solar power station in the Negev. ABB is a major creditor of Luz Industries, whose operations were suspended due...

Remote controlled gas turbines. (Israel Electric Corp.) (Energy and Fuels)
October 25, 1991... Israel Electric Corp. (IEC) is to invest some $10 million in computerized control equipment over the next five years. By year's end, IEC will have a production capacity of 5,800 megawatts of which 1,100 will be supplied by gas turbines which...

Foreign investment survey. (1991 Survey of Israeli Companies with Foreign Investment, conference, New York, New York) (Exhibitions, Conferences and Seminars)
October 25, 1991... A program revealing the results of a survey of international investment in Israel will be taking place at the Harmonie Club in Manhattan on Tuesday, October 29, 1991 from 3:30 to 5:30 p.m. The survey, entitled "1991 Survey of Israeli...

Successful business school conference. (Operation Independence conference, Tel Aviv, Israel) (Exhibitions, Conferences and Seminars)
October 25, 1991... A highly succesful conference to discuss the future directions of Israel's management schools was held at the Hebrew University of Jerusalem and Tel Aviv University Business Schools recently. Operation Independence and the Universities...

Topper's fall/winter fashions. (Topper Fashion Enterprises) (Fashion)
October 25, 1991... The fall/winter fashions recently displayed by Topper Fashion Enterprises show particular emphasis on lycra, jeans and flax collections. The salient colors are brown-tobacco, black and bordeaux. The lycra collection is marked by two...

Budget deficit lower than forecast. (Israel) (Finance)
October 25, 1991... The latest estimates as to the extent of this year's budget deficit indicate that it will be, 3.4 percent of GDP compared to the forecasted figure of 5.5 percent. Since the 1991 budget year extends only from April through September, the past...

1992 Finance Ministry working paper. (Israel. Ministry of Finance economic forecast) (Finance)
October 25, 1991... The 1992 operating plan of the Ministry of Finance assumes an inflation rate of 16 percent, said to be a prerequisite for attracting investments and ensure increased growth rates. GDP and GNP are estimated to grow at rates of 7 and 9 percent...

Devaluation inevitable, says Prof. Sadka. (Efraim Sadka) (Finance)
October 25, 1991... Professor Efraim Sadka of Tel Aviv University says devaluation is inevitable. The attached graph shows how the gap between the consumer price index and the foreign currency exchange rates has widened since June, 1991 and despite...

New chairman for M.I. Holdings. (Adi Amorai to be replaced) (Finance)
October 25, 1991... Sources say Finance Minister Yitzhak Moda'i has decided not to extend the term of M.I. Holdings Chairman Adi Amorai. Names mentioned as potential replacements include Finance Ministry Director General Shalom Singer and Ze'ev Refuah, former...

Another small business fund. (Israel Discount Bank) (Finance)
October 25, 1991... Israel Discount Bank, in conjunction with Claridge Investments, has introduced a new fund to finance small businesses which will offer credits ranging from NIS 20,000 to NIS 500,000 to new ventures of existing businesses wishing to expand....

Ice cream for Moscow. (Nahariya Dairy Strauss to build ice cream plant in Moscow, Soviet Union) (Food, Beverages and Tobacco)
October 25, 1991... Nahariya Dairy Strauss is to establish an ice cream manufacturing plant in Moscow on a trial basis. The company is also studying the possibility of a joint venture for a packaging plant. The decision to erect an ice cream plant follows the...

New canned soups from Osem. (Rich Soup, canned soup) (Food, Beverages and Tobacco)
October 25, 1991... Osem Food Industries is introducing a new line of soups called "Rich Soup". The soups are packaged in cans with peel-up tabs and will be available in different varieties including vegetable, chicken with rice, corn, lentil and beans. The...

Pizza Hut brings in the dough. (Food, Beverages and Tobacco)
October 25, 1991... The Israeli branch of PepsiCo subsidiary Pizza Hut, reports a turnover of NIS 20 million in its first year of operation. Managing Director YairTamir told an audience of the advanced marketing section of the Israel Management Center that the...

Beer loses suds. (Tempo Beer Industries sales) (Food, Beverages and Tobacco)
October 25, 1991... Tempo Beer Industries reports a 10 percent drop in beer consumption. The company claims the decline is due to the 40 percent purchase tax levied on beer as of November, 1990. A comparison between current and last year's prices show...

Froumine's new salties. (Biscochews, Eastern Cookies, snack foods) (Food, Beverages and Tobacco)
October 25, 1991... The Froumine food company has recently begun marketing two new salty snacks: * Biscochews are crisp, ring shaped rolls that come in three flavors, sesame, anise and caraway. * Eastern Cookies are also ring shaped salties, prepared...

Employee buy-out success story. (Hasin Esh Ceramic Products) (Glass and Ceramics)
October 25, 1991... Cement rooftile manufacturer Hasin Esh Ceramic Products, of Beersheba, has recently acquired new equipment to double production. The company forecasts sales of seven million tiles in 1991 increasing to 10 million in 1992. Hasin Esh was...

Bio Technology cancer and AIDS test. (Bio Technology General tests hormone) (Health)
October 25, 1991... The Rehovot-based company Bio Technology General, is clinically testing the efficiency of its growth hormone on cancer and AIDS patients and also on aged persons with broken hip joints. Managing Director Dr. David Hazelkorn says the hormone...

Unemployment rising. (Israel) (Labor)
October 25, 1991... At the end of the third quarter of 1991 there were 113,700 registered unemployed compared with 125,300 at the end of the second quarter -- an increase of 6.7 percent. The average number per month in the third quarter authorized for...

Israeli grabs U.S. bag patent. (Pollack H.G., intravenous feeding plastic bag) (Medical Equipment)
October 25, 1991... Medial equipment manufacturer Pollack H.G., has been granted a U.S. patent for a new plastic bag to hold liquids and solutions used in intravenous feeding. The bag is similar to the PVC bag currently in use but has a distinct advantage in...

New calibration laboratory. (MBA receives certification) (Metal and Electrical Industry)
October 25, 1991... The calibration division of MBA, the quality control institute of Kibbutz Hazorea, has been qualified by the National Physics Laboratory as an authorized calibration laboratory conforming to international standards. High-tech companies and...

Israeli/French pipe fitting plant. (Hamlet Israel-Canada Metal Products-CGMI joint venture) (Metal and Electrical Industry)
October 25, 1991... The Haifa-based manufacturer of pipe fittings for the petro= chemical industry, Hamlet (Israel-Canada) Metal Products, is to erect a plant in partnership with the French company CGMI, a manufacturer of accessories for the microelectronic...

Sela Pumps for sale. (Metal and Electrical Industry )
October 25, 1991... Investment company Magor Holdings is reported to be negotiating the sale of its 37 percent holding in Sela Pumps. Sela is located in Beth Shemesh where it manufactures pumps and pipe accessories for liquids. Sella was acquired by Magor from...

Venta gets Swiss agreement. (Schweizer) (Metal and Electrical Industry)
October 25, 1991... Venta Industries, a Ramat Gan-based manufacturer of reversible ventilators, has signed a sole distributorship agreement with Switzerland's Schweizer, a world leader in air purification systems for gas-warfare shelters. The agreement provides...

Carmiel against Klil. (Carmiel, Israel protests location of Klil Industries) (Metal and Electrical Industry)
October 25, 1991... Residents of Carmiel and the adjacent village of Camon are opposing the transfer of the Klil Industries plant from the Haifa bay area to Carmiel. Klil manufactures aluminum profiles and residents claim the plant will pollute the area with...

$30 million for new cars. (Eldan Transport) (Motor Industry)
October 25, 1991... The locally-owned car rental company Eldan Transport, has issued a tender for the purchase of 1,700 cars valued at about $30 million. Inaugurating the company's new center, Managing Director Joseph Dehan said the tender calls for cars of...

Avis offers. (Israeli tourist discount program) (Motor Industry)
October 25, 1991... Avis, the international car rental company, is offering tourists from the U.S., Canada and Europe participation in its "Discover Europe/Israel" program. The inclusion of Israel in the program is due to the efforts of the local agent, Avis...

Japanese jeep embargo? (jeep automobiles) (Motor Industry)
October 25, 1991... It has not been possible to buy a new jeep in Israel over the past few months. Sources say Japanese manufacturer Suzuki is prohibited from exporting its jeep to Israel due to an embargo by the Japanese Government which fears its jeeps will...

And now presenting Isuzu. (Goldberg Leo to import Isuzu, automobile) (Motor Industry)
October 25, 1991... Sources say a group of investors headed by Shevach Ophir, chairman of Kardan Investments, will receive the franchise to import the Japanese car Isuzu. The official dealer will be Goldberg Leo, importers of Opel and Chevrolet cars,...

Neca gearing up for exports. (Pharmaceuticals and Cosmetics)
October 25, 1991... Detergent and soap manufacturers Neca Chemicals is planning to invest $1.5 million in new equipment to increase production enabling increased exports to Europe and the U.S. The company is planning a new range of products based on materials...

Synthesizing compounds. (Arogal) (Pharmaceuticals and Cosmetics) (company profile)
October 25, 1991... Keeping mushroom soup tasting like mushrooms and roses looking rose-colored are among the tasks performed by the Arogal firm in Kiryat Shmona, a development town with 18,000 inhabitants bordering the troubled Lebanese border. Arogal is one...

Discount into biotechnology. (Discount Investment Corp.'s PEC Israel Economic Corp. acquires Paramus) (Pharmaceuticals and Cosmetics) (company profile)
October 25, 1991... Discount Investment Corp. through its subsidiary PEC Israel Economic Corp. is acquiring shares in the U.S. & D and biotechnology company Paramus. Paramus maintains a branch in Israel and is seeking to raise some $4 million in $25,000 units....

Compact Careline cosmetics. (Pharmaceuticals and Cosmetics) (company profile)
October 25, 1991... Careline (Pharmagis) is continuing its innovative tradition and has recently expanded it wide range of cosmetics with two new products: a compact make-up set and a black makeup pencil for the eyes that needs no sharpening. "Tara", the...

Package-error detection. (F.P. Israel Sales and Services) (Plastics and Rubber)
October 25, 1991... F.P. Israel Sales & Services, a manufacturer of process control equipment, will exhibit innovative means of detecting mistaken packaging for food and medicines at the "Plasto Ispak 91" exhibition this month. The new systems can locate goods...

Big bags for liquid and toxic removal. (Palrig Naot, Liqui-Box Israel) (Plastics and Rubber)
October 25, 1991... A large padded bag, capable of containing 250 to 450 gallons, jointly developed by palrig Naot of Kibbutz Naot Mordechai and Liqui-Box Israel of Kibbutz Nachshon, will be exhibited at the "Plasto Ispak 91" exhibition. The bags can be...

Bottle revolution. (Arizaz Industries' develops Arizaza, plastic bottles) (Plastics and Rubber)
October 25, 1991... "Arizaza" is a series of bottles, containers and pipes based on an innovative new approach to packing. The geometry used in the design of products in the series is such as to facilitate folding, expansion and compression as needed, without...

New housing purchase offer. (Ben Yakar Gat Engineering and Construction) (Real Estate)
October 25, 1991... Ben Yakar Gat Engineering and Construction is offering incentives to housing buyers. On contract signing, clients are required to deposit 25 percent of the total price with the 75 percent balance due only when the keys are handed over. In...

Housing market uncertainties. (Israeli apartment prices) (Real Estate)
October 25, 1991... Israel Ben Yakar, managing director ofBen Yakar Gat Engineering & Construction, says buyers holding back from buying apartments in anticipation of a drop in prices are deluding themselves. Ben Yakar estimates prices in the central area will...

Highest prices in Ramat Aviv Gimmel. (housing, Ramat Aviv Gimmel district of Tel Aviv, Israel) (Real Estate)
October 25, 1991... The Ramat Aviv Gimmel neighborhood of Tel Aviv is the most costly area in the city. Apartment owners are asking $2,374 per square meter: this is 4 percent higher than the adjacent area of Ramat Aviv and 11 percent higher than Neve Avivim....

Golda on the Park project. (housing project, Israel) (Real Estate)
October 25, 1991... Anglo Saxon Real Estate Agency, sole marketers of the Golda on the Park housing project, says construction is in the final stages with 30 out of the total 72 apartments sold. Recently, a 150 square meter apartment on the sixth floor was solf...

Retail trade stable. (Israel) (Retail)
October 25, 1991... Data published by the Central Bureau of Statistics indicates that retail trade figures for the third quarter of 1991 remained without change compared to the second quarter which had registered an increase of 4 percent. For the nine months...

Turnaround for Rabintex. (Textiles)
October 25, 1991... Rabintex Industries, manufacturers of military textiles such as bullet proof vests, webbing, etc. is planning a 25 percent share issue to raise some NIS 10 million. Following the successful implementation of a recovery program, the company...

Army-style winter jackets for Germany. (Fried Brothers) (Textiles)
October 25, 1991... Fried Brothers of Petah Tikva, manufacturers of natural down quilts, pillows, jackets and sleeping bags, will export 10,000 army-style winter jackets to Germany. Company Managing Director Naftali Teitelbaum claimed the first consignment of...

Polgat begins expansion. (Textiles)
October 25, 1991... Polgat Industries is planning to invest $28 million over the next four years in new equipment and expansion in its knitted goods plant. The expansion is to be funded by the owners Clal Industries who are planning a share issue to raise $6-7...

Tourism booming. (Israel) (Tourism)
October 25, 1991... The number of incoming tourists in August, 1991 was higher than the number in August, 1990 when the Gulf War erupted. In the period January through August, the number of tourists arriving by air totaled 89,500 compared to 62,300 in the same...

Ministry overseas marketing effort. (Israel. Ministry of Tourism) (Tourism)
October 25, 1991... In the three-year period 1992-1994, the Ministry of Tourism will be spending $10 million a year abroad, marketing Israel vacations, according to Ministry Director General Avraham Rosenthal. He explained that the funds have been earmarked...

New owners for Galilee Tours. (Tourism)
October 25, 1991... A new group of investors has acquired the controlling interest in tour operators Galilee Tours. The group includes both local and overseas investors. Among the former are Zvi Limon, who will now be chairman, Sami Freidrich and Hezi Vered....

U.S./Israel trade improvement. (balance of trade) (Trade)
October 25, 1991... In the first nine months of 1991, Israel's trade balance with the U.S. shows an export surplus of $28 million. Exports to the U.S. for the period totaled $2.5 billion compared to $2.48 billion for the first nine months of 1990--an increase...