Economy

Two organizations sign a first of its kind strategic cooperation agreement with aim of seeing business ties between Israel and Mexico exceed $1 billion annually.

"On completion, the deal will represent one of the largest transactions between an Israeli entity and an Arab entity, which shows how Israel's natural gas resources can be a source of collaboration between nations," says Delek Drilling CEO Yossi Abu.

Another port is due to open in Ashdod by the end of 2021 to be operated Swiss-based Terminal Investment Limited.

Customer data necessary to establish big data database, Bank of Israel says. Data will not include identifiable information, central bank says, noting database to be established in accordance with Justice Ministry guidelines.

According to figures released by the defense company, sales in the first six months of 2021 have reached around $2.2 billion.

The country's financial recovery from the series of lockdowns imposed over the global pandemic exceeds most OECD member states.

Israel government puts out Arabic tweet predicting that trade could hit $1 billion by end of 2021, and $3 billion in three years.

After pause in service following coronavirus outbreak in 2020, retail giant restores free shipping on orders of select items totaling $65 and over. Offer will only apply to Amazon's US website.

Yisrael Beytenu leader Avigdor Lieberman announced the inception of an economic expert cabinet led by former central bank director Jacob Frenkel to examine policy steps needed over the long term.