Business and Economy
According to ministry figures, the pandemic disrupted growing tourism rates, which peaked in 2019 with more than 4.5 million visitors.
Trian Fund Management LP, an investment firm of billionaire Nelson Peltz, acquired a 1.5% stake in the company for $1.6 billion this year.
“The fact that both governments clearly say doing business with each other is kosher will definitely encourage businesses from both countries,” said Ohad Cohen, head of the Foreign Trade Administration at Israel’s Ministry of Economy.
“Regime change has to come from inside Iran. It has to be the will of the people. It is happening as we are speaking,” said Zohreh Mizrahi, president of the Persian American Civic Action Network.
The rise came despite a 12% drop in car deliveries this year due to supply chain problems.
“When you create defense for your neighbors, you create defense for Israel,” says Sharon Biton, IAI vice president for marketing in the Middle East and North Africa.
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The conference is expected to attract 15,000 visitors, including supervisors, school administrators, educational departments, educational consultants, psychologists, teachers and parents.
The deal is the first of its kind between the Jewish state and an Arab country • “We have written a new chapter in the history of the Middle East,” says UAE minister for foreign trade.
During the 10-week program, the fellows delved into the surrounding area, accompanied by Arab, Druze, Bedouin and Jewish guides.
“Let us join forces and connect to innovate, to give a chance for peace for the sake of our children and the safety of all,” said André Azoulay, adviser to King Mohamed VI.
The U.S. governmental body announces the designation of a Hamas finance official, along with a network of three Hamas financial facilitators and six companies.
