Israelis invested $6.2b overseas in January-April

Total overseas investment is projected to total $18 billion in 2007, much less than last year.

The Bank of Israel reports that overseas investment by Israelis totaled $6.2 billion in January-April 2007, including $2 billion invested in securities, and $825 million in foreign direct investment.

Total overseas investment by Israelis is projected to total $18 billion in 2007, considerably less than the $30 billion in overseas investment in 2006. Financial establishment sources do not believe that it will be possible to repeat last year’s record any time soon.

Overseas investment by Israelis has totaled more than $67 billion since 2004, including $20 billion invested in securities and $21 billion in foreign direct investment.

Published by Globes [online], Israel business news - www.globes.co.il - on May 17, 2007

© Copyright of Globes Publisher Itonut (1983) Ltd. 2007

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