Israel Electric Corp to Withdraw $4.2 Billion Suit over Killed Egyptian Gas Deal

Israel Electric Corporation (IEC) (TASE: ELEC.B22) may withdraw a $4.2 billion lawsuit that it filed against Egyptian government gas companies for halting the gas-flow to Israel. Senior IEC officials have dropped More...

Consumer Revolution Sparks ‘Five-Shekel Supermarket’ Chain

Originally published by The Jewish Press The man who introduced Israelis to the five-cent cup of coffee now is planning to open up a chain of supermarkets that will sell 600 leading food and housewares products More...