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[Jerusalem Post] Sharon Wrobel - Israel kicked off the year with its strongest first quarter growth in five years as gross domestic product grew 6.6 percent. High economic growth in the first half laid the groundwork for the market's resilience during the conflict mid-year. Despite the postwar dents to the economy, growth this year is still expected to top 4 percent. Early indications suggest that the economic impact of the war in the north was less than initially feared. During the war, foreign and domestic investors continued to pour money into Israel. The Manufacturers Association of Israel still expects that foreign direct investment will more than double in 2006 to over $12b. 2006-09-22 01:00:00Full Article
Foreign Investment in Israel Expected to Double Despite War
[Jerusalem Post] Sharon Wrobel - Israel kicked off the year with its strongest first quarter growth in five years as gross domestic product grew 6.6 percent. High economic growth in the first half laid the groundwork for the market's resilience during the conflict mid-year. Despite the postwar dents to the economy, growth this year is still expected to top 4 percent. Early indications suggest that the economic impact of the war in the north was less than initially feared. During the war, foreign and domestic investors continued to pour money into Israel. The Manufacturers Association of Israel still expects that foreign direct investment will more than double in 2006 to over $12b. 2006-09-22 01:00:00Full Article
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