One possible reason for Israel’s attractiveness for some is the fact that in 2008, the law was amended to give new immigrants and returning Israelis who had left the country a 10-year tax exemption on income produced outside of Israel or generated from assets outside the country. The amendment also exempted them from reporting overseas income and assets. That’s no small attraction for someone seeking to bring black market assets into the country, but Israeli government authorities have no data on the extent to which such assets have been transferred here.Read more . . .
The US House of Representatives passed a bill on Wednesday that declares Israel a “major strategic partner” of the United States, reinforcing the broad relationship between the two nations and laying the groundwork for more expansive strategic cooperation.Read more . . .
German, US and Israeli sources confirmed the trilateral cooperation, aimed at filling potential gaps in Israeli air defense coverage while IAF Patriot PAC-2 air defense radars are being serviced at the US Army’s Letterkenny Depot in Pennsylvania.Read more . . .
http://www.jta.org/news/article/2012/11/05/3111076/microsoft-corp-israel-agree-to-strategic-cooperation Microsoft, Israel agree to strategic cooperationNovember 5, 2012JERUSALEM (JTA) — Israel and the Microsoft Corp. agreed to a strategic cooperation to advance computing technology. Microsoft CEO Steve Balmer met Monday in Israel with government officials, including Prime Minister Benjamin … Read more . . .
Diamond in the rough By Yossi Melman and Asaf Carmel Ha’aretz, 24.03.05 With two generals in Kinshasa Gertler’s big business breakthrough came in 2000. The principal motive was to eliminate the middleman. Gertler decided to invest in Congo, a vast … Read more . . .
Some insight into Africa Israel CorporationPress release, Adalah-NY, 4 November 2010 The following press release was issued by Adalah-NY on 3 November 2010: Africa Israel, the flagship company of Israeli billionaire Lev Leviev, announced this week that it is no longer involved in Israeli … Read more . . .
http://www.globes.co.il/serveen/globes/docview.asp?did=1000028871&fid=942 Grant for new Intel fab in Kiryat Gat approved Intel will receive a 12% grant on $4.4 billion. The investment will generate a net value of $421.8 million for the economy. Hadas Manor 14 Nov 05 15:35 The Investment Promotion … Read more . . .