Recent reports indicate that major multinational corporations such as L’Oreal, Caterpillar, Veolia Transportation, Microsoft, Google, and Facebook are supporting and investing in Israel. Listed below are just of few of the ways in which these companies invest in the Israeli economy.

 

With deep business ties to Israel, the French cosmetic company L’Oreal not only uses Dead Sea products, it honored an Israeli scientist at the Weizmann Institute with a lifetime achievement award. Similarly, the company gave its L’Oreal Prize to another Israeli and made Israel the company’s commercial center for the entire Middle East. As chairperson of L’Oreal Israel, Gad Propper also serves as founding chairman of the Israel-European Union Chamber of Commerce, in addition to promoting Israel’s trade with Australia and New Zealand.

Caterpillar, the world’s largest manufacturer of construction and mining equipment, also plays a major role in Israel, selling the Israeli Army construction equipment that is used in counter-terrorism vehicles in Judea and Samaria. For example, the Israeli armored Doobi (דובי‎), which means teddy bear in Hebrew, is a Caterpillar D9 armored bulldozer that was adapted by the Israel Defense Forces to withstand heavy terror attacks.

Similarly, the French company Veolia has a variety of operations in Judea and Samaria, including transportation, waste-water treatment, and the Light-Rail Project, which connects Jerusalem to Jewish communities in Judea and Samaria. Veolia also assists with refuse collection in the Jordan Valley.

Meanwhile, Microsoft maintains offices in Israel’s coastal city of Ra’anana , while Facebook hired the Shalom TEL AVIV Public Relations Firm to expand Facebook’s operations within the Jewish state. Last but certainly not least, Google recently bought the Israeli-start up, Waze, for well over $1 billion.

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