A Solid Investment

November 27, 2006 - 11:07 AM by

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Who needs the diplomats? The business community continues to believe in Israel, as Nun Bet informs us:

Hewlett-Packard said that Israel is the company’s winning ticket at a recent press conference to announce HP’s $4.5 billion purchase of Mercury. According to the article, Hewlett-Packard has invested some USD 5.5 billion in Israeli technology in the past four years, the largest investment by any firm in Israeli hi-tech.

In other investment related news….

The Nasdaq Stock Exchange launched Sunday the new Nasdaq Israel Index (symbol: ISRQ), composed of 72 firms, across all sectors, that are traded on the exchange and incorporated in Israel. The Nasdaq Israeli index is only the second country-related index to ever be launched by the Nasdaq.

Tags: • Category: Business 

Comments

2 Comments on A Solid Investment

  1. David on Tue, Nov 28th 2006 1:37 AM

    2. If Israel moved towards capitalism – just imagine how the country would flourish.

  2. Arie on Mon, Dec 4th 2006 1:34 AM

    3. Capitalism without conscience and without social and environmental responsibility is sociopathic and ends up hurting more than helping.

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