Israel and the United Arab Emirates finalized details for a massive free trade agreement worth hundreds of millions of dollars that builds on the Mideast allies' 2020 peace accords.
Israel’s unemployment rate fell to 4.3%; the Bank of Israel’s foreign currency reserves exceeded $100 billion for the first time ever; 69% of all electricity produced in Israel now comes from natural gas, and much more!
Israel's economic indicator soars upwards; Israeli website builder Wix.com, Google and the nonprofit Atidim are helping 10,000 businesses to set up websites; Israeli 3D printing company Stratasys is now the official supplier to the McLaren-Honda Formula 1 racing team, and much more.
Israel’s economic and technological growth over the last 20 years was “unprecedented"; Israeli private high-tech companies raised an all-time high of $4.8 billion in 2016; Chinese auto manufacturer Qoros is opening an R&D center in Israel, and much more.
The Cabinet approved Prime Minister Benjamin Netanyahu's and Foreign Minister Avigdor Liberman's plan to strengthen economic ties with the Pacific Alliance.
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