Beating both Ireland or Singapore in the bid to host new Intel plant, Israel dedicates 90 acres for new plant in Kiryat Gat, creating 1,000 new jobs for the US technology company’s $10-billion investment.
– Israel’s Finance Minister Moshe Kahlon, “This is the largest investment ever made in the State of Israel.”
By Gad Lior
The US technology company Intel Corporation has announced it is making a $10-billion investment in a new plant in Israel, that will create around 1,000 jobs over the next few years.
Intel Vice President Daniel Benatar and Intel Israel CEO Yaniv Garty informed Finance Minister Moshe Kahlon and Economic Minister Eli Cohen on Monday that the company’s management decided to make the huge investment in Israel instead of in Ireland or Singapore, which competed against Israel for the establishment of the new plant. Continue Reading »
In a Kuwaiti newspaper report on Syria, the remains of Israeli spy Eli Cohen will be returned to his family for burial in Israel in exchange for military flexibility with Assad’s regime on Israel’s northern border.
By Arutz Sheva Staff
The Kuwaiti newspaper Al-Jarida, considered one of the most reliable in the Arab world, reported Thursday that Israel is very close to achieving a return of the remains of legendary Israeli spy Eli Cohen to Israel.
Eli Cohen, publicly hanged in the Marjeh Square, Damascus on 18 May 1965 – public domain
Cohen, an Egyptian-born Jew, worked as an undercover Israeli agent in Egypt and Syria before he was discovered and hanged in 1965. Continue Reading »
“Historic” free-trade agreement between Israel and Canada updates previous 1997 deal, aiming to double bilateral trade by eliminating duties for thousands of products, among them, canned goods and fresh produce.
• Israeli economy minister: Canada is one of Israel’s best friends and that this new agreement will bring more competition and reduce the cost of living in Israel.
By Eran Bar-Tal
Israel and Canada on Monday signed a modernized free trade agreement in what has been described as a historic step in the countries’ bilateral relations.
Canadian International Trade Minister Francois-Phillippe Champagne and Israeli Economy Minister Eli Cohen signed the revised agreement, officially referred to as the Canada-Israel Free Trade Agreement, at the Montreal’s Federation CJA’s Gelber Conference Center. Continue Reading »
Economy Minister Eli Cohen: President Trump has hit back at those trying to boycott Israel economically, through U.N. envoy Nikki Haley, has changed the diplomatic attitude toward Israel, and in short says, President Donald Trump is “among the greatest friends Israel has had in a president.”
By Israel Hayom Staff
Economy and Industry Minister Eli Cohen (Kulanu) came out in support of U.S. President Donald Trump over the weekend, after the embattled president faced accusations of being racist and anti-Semitic in the aftermath of violent events in Charlottesville, Virginia.
Israel’s Economy and Industry Minister, Eli Cohen. – Photo: Wikimedia נתן מור
“Efforts to portray Trump as anti-Semitic are pathetic,” Cohen said, adding that of all the U.S. Continue Reading »