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Moscow Invests $100M in Dead Sea Resort


[Bloomberg-Jerusalem Post] The city of Moscow will invest $100 million to build a luxury resort hotel in Ein Bokek on the Dead Sea, the Israel Tourism Ministry said Wednesday. The Moscow municipality will subsidize flights and accommodation packages at the resort for city residents, the ministry said. Russia and Israel signed a visa-free travel agreement this year.
2008-11-06 01:00:00
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