Showing posts with label Israel. Show all posts
Showing posts with label Israel. Show all posts

Friday, August 24, 2012

U.S., Israel, Jewish groups apprehensive about Iran-hosted non-aligned summit

Iranian President Mahmoud Ahmadinejad, left, meeting with United Nations Secretary-General Ban Ki-moon at the U.N. General Assembly, September 2011. (Courtesy United Nations)

By Ron Kampeas · August 23, 2012
JTA (Israel)

WASHINGTON (JTA) – As Iran gets set to host the Non-Aligned Movement triennial summit, Israel, the United States and a number of Jewish groups are worried that what happens in Tehran won’t stay there.

The decision Wednesday by Ban Ki-moon, the U.N. Secretary General, to attend the 16th triennial event from Aug. 29-31, has set off alarm bells in Washington and Jerusalem.

The U.S. State Department spokeswoman, Victoria Nuland, reiterated after Ban’s announcement “concerns that Iran is going to manipulate this opportunity and the attendees, to try to deflect attention from its own failings.”

U.S. Jewish groups that deal with the United Nations echoed that apprehension.

Monday, September 20, 2010

[Israel's] Queenco signs Cambodian hotel casino deal

Yigal Zilkha's Queenco will own 70% of the joint venture, which will be based at the Holiday Palace Hotel in Sihanoukville in Cambodia.

20 September 10
Globes' correspondent (Israel)

Queenco Leisure International Ltd., today signed an agreement with Paradise Investment of Cambodia to operate a hotel, casino and other tourist facilities in the country at the Holiday Palace Hotel in Sihanoukville in Cambodia.

Queenco will own 70% of the joint venture and Paradise Investment 30%. The agreement is for a 25 year lease of the hotel with an option for a further 25 years. Queenco will pay $30,000 rent per month in quarterly installments.

After the announcement of the signing of the agreement Queenco chairman Yigal Zilkha said, "In recent years we have identified the potential of South East Asia and are working to expand the company's activities in the region. Growth in gaming activities in South East Asia in general and in Cambodia in particular is rapid and the business potential is far from being realized."

Queenco has hotel and casino activities in Greece, Serbia and Romania.

The company's share price is unchanged on the London Stock Exchange today at ₤3.39.

The share price of parent company Queenco fell 0.98% on the TASE in early afternoon trading to NIS 3.95.

Tuesday, February 09, 2010

Cambodia-Israel Chamber of Commerce was inaugurated in Phnom Penh

Feb 8, 2010
Port2Port (Israel)

The inauguration is part of an Israeli effort announced last year to expand economic and political ties with Cambodia

Cambodia-Israel Chamber of Commerce, a bi-national business association with the mission of increasing economic development by fostering understanding, cooperation, and business relationships between Israel and Cambodia, was inaugurated last week in Phnom Penh.

Tzahi Selzer, the Israeli economic and trade attaché in Bangkok said that the inauguration is part of an Israeli effort announced last year to expand economic and political ties with Cambodia. Selzer added that "There is huge interest in Cambodia in Israel.

Israeli-Cambodian trade and investment is rather small, and only about 30 Israelis live in Cambodia, said the embassy.

In 2008 Israel was ranked the fourth-largest foreign investor in Cambodia in terms of value of projects approved, with 2.75% of total investment, or US$300 million, according to Cambodian Investment Board figures.

Israel's export to Cambodia in 2009 was up 97% from US$631,000 in 2008 to US$1.25 million. Although level of trade is low the potential is high and create a great deal of interest among Israeli business firms.

Tuesday, March 10, 2009

Israeli trade delegation to visit Cambodia next week

Mar 9, 2009
Port2Port (Israel)

An Israeli delegation is set to visit Cambodia on March 16, hoping to forge agreements in agriculture and telecommunications. The move is part of an Israeli effort announced last year to expand economic and political ties with Cambodia.

The Phnom Penh Post said last week that 30 Israeli delegates from the government and private sector would meet up to 40 Cambodian business leaders.

According the Phnom Penh Post Tzahi Selzer, the Israeli economic and trade attaché in Bangkok, said that 15 telecoms companies, as well as agriculture businesses, would be part of the delegation, according to the Post.

Also present would be Israel’s minister of telecommunications and minister of agriculture, along with possibly one other high-ranking official. Israel was ranked the fourth-largest foreign investor in Cambodia last year in terms of value of projects approved, with 2.75 percent of total investment, or 300 million U.S. dollars, according to Cambodian Investment Board figures.

Monday, February 23, 2009

Israeli business delegation to visit Cambodia

PHNOM PENH, Feb. 23 (Xinhua) -- An Israeli delegation is set to visit Cambodia on March 16, hoping to forge agreements in agriculture and telecommunications, national media reported Monday.

The move is part of an Israeli effort announced last year to expand economic and political ties with Cambodia, the Phnom Penh Post said.

Nguon Meng Tech, director general of the Cambodia Chamber of Commerce, told the Post that 30 Israeli delegates from the government and private sector would meet up to 40 Cambodian business leaders.

"We should know that Israel is a land of sand, but it has become an agricultural leader because of their expertise," Nguon Meng Tech was quoted as saying.

"I think they are also looking for farmland to grow rice and vegetables," he said, adding that there has been talk of leasing agricultural land to the Israelis and building a hotel, but no details have been disclosed yet.

Meanwhile, Tzahi Selzer, the Israeli economic and trade attaché in Bangkok, said that 15 telecoms companies, as well as agriculture businesses, would be part of the delegation, according to the Post.

Also present would be Israel's minister of telecommunications and minister of agriculture, along with possibly one other high-ranking official.

Israel was ranked the fourth-largest foreign investor in Cambodia last year in terms of value of projects approved, with 2.75 percent of total investment, or 300 million U.S. dollars, according to Cambodian Investment Board figures.