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Source: http://www.businessweek.com/globalbiz/content/jun2007/gb20070621_251927.htm
Israel: A Hotbed of...Investment
[Business Week] Neal Sandler - Even the takeover of Gaza by the Islamist Hamas in mid-June hasn't slowed the momentum in Israel. The Tel Aviv Stock Exchange 25 index is up by 21% this year, reaching an all-time high on June 17. The exchange has seen 46 initial public offerings so far this year, more than the total for all of 2006. Together, they have raised $2.4 billion, triple last year's total. "There has never been a better economic climate here for investment," says Stanley Gold, president of Shamrock Holdings, a Los Angeles fund led by Roy Disney.