French gov't seeks to bar Israeli cos from Paris Air Show

Emanuel Macron and Benjamin Netanyahu credit: Kobi Gidon GPO
Emanuel Macron and Benjamin Netanyahu credit: Kobi Gidon GPO

The French government has filed an appeal with the administrative court in Paris to overturn the ruling that allowed Israeli defense companies to participate in the Euronaval exhibition.

The French government may have failed in its attempts to bar Israeli defense companies from the Euronaval exhibition earlier this month but today it filed an appeal to the administrative court in Paris to overturn the ruling that allowed the Israeli companies to participate in the naval exhibition. The aim of the appeal is to pave the way for the French government in bar Israeli defense companies from participating in the Paris Air Show in June 2025 by nullifying the ruling by the Paris Commercial Court before Euronaval upholding the right of Israeli defense companies to exhibit in France.

In the appeal the representative of the French government claims that the Paris Commercial Court is not authorized to decide on such policy matters for the French government. The Manufacturers Association of Israel, which successfully petitioned the Paris Commercial Court, together with the Israel-France Chamber of Commerce, said in response that it will continue its struggle against efforts by the French government to ban the participation of Israeli defense companies in exhibitions in France.

Manufacturers Association of Israel president Dr. Ron Tomer said, "We regret that France's leaders have not already taken the hint, and that we will not allow anyone to remove us or make us disappear from the international defense sector. It is clear to us that the latest appeal is an attempt to prepare the ground for the possibility of preventing us from participating in the renowned Paris Air Show, but we will not let that happen."

Published by Globes, Israel business news - en.globes.co.il - on November 17, 2024.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2024.

Emanuel Macron and Benjamin Netanyahu credit: Kobi Gidon GPO
Emanuel Macron and Benjamin Netanyahu credit: Kobi Gidon GPO
Tel Aviv credit: Shutterstock Tel Aviv slips in World's Wealthiest Cities ranking

Tel Aviv's position as one of the world's wealthiest cities took a big knock over the past year as it slipped from 42nd to 48th in investment advisors Henley & Co.'s "World's Wealthiest Cities" Top 50 ranking.

Leviathan platform  credit: Albatross C'ttee seen recommending no cut in gas exports

The Dayan committee on the future of the gas sector estimates that Israel's natural gas reserves will run out in 2045.

Accountant General Yali Rothenberg credit: Rafi Kutz Israel's fiscal deficit continued to narrow in March

Israel's fiscal deficit narrowed in the twelve months to the end of March 2025, for the sixth consecutive month, Ministry of Finance accountant general Yali Rothenberg reported today.

Arkia credit: Arkia Arkia cuts Tel Aviv - New York April fares

Arkia has cut fares at the last minute, a time when prices usually soar even higher, according to the pricing method used in the industry.

Bank of Israel Governor Prof. Amir Yaron credit: Dani Shem Tov Knesset Spokesperson BoI Governor: US tariffs could push up inflation in Israel

Prof. Amir Yaron tells "Globes" that there is a risk that the new tariffs will cause inflation to rise in the US, with a knock-on effect for Israel.

US President Donald Trump and Prime Minister Benjamin Netanyahu April 7, 2025  credit: Avi Ohayon, Government Press Office Netanyahu fails to persuade Trump to remove tariff on Israel

Asked by reporters whether Israel would be exempted from his tariffs policy, US President Donald Trump replied, "Maybe not. Don’t forget we help Israel a lot."

FBI to investigate Nakash Group Israel CEO

The complaint against Avi Hormaro was filed with the FBI offices in Miami, Florida, where many of the group's companies are incorporated, "Globes" has learned.

Bank of Israel credit: Shutterstock Israel's forex reserves fell in March

Israel’s foreign exchange reserves at the end of March 2025 fell to $218.821 billion, a decrease of $1.433 billion from their level at the end of February, the Bank of Israel reports.

Bank of Israel Governor Prof. Amir Yaron credit: GPO BoI keeps rate unchanged, cuts growth forecast

The Bank of Israel is concerned about inflation, the escalation of the war in Gaza, which has raised Israel's risk premium, and the turmoil on global markets set off by the trade war.

Eilat Ramon Airport Credit: Sivan Farag Eilat Municipal Spokesperson Russian airline to kick-start int'l flights from Eilat's Ramon airport

Russian airline Red Wings is to launch direct flights between Eilat's Ramon airport and Moscow and Sochi in Russia starting June 12.

High-tech credit: Shutterstock 8,300 tech employees left Israel after start of war

Amid increased relocation, Israel's tech workforce has contracted for the first time in over a decade, the Israel Innovation Authority reports.

Donald Trump  credit: Shutterstock Israel can't escape impact of tariffs

Even if Israel obtains relief from the tariff imposed on it by US President Trump, it will feel the global effects of the trade war, analysts say.

Shekel versus US dollar  credit: Tali Bogdanovsky US market slide shakes shekel

The shekel weakened significantly against both the US dollar and the euro at the opening of foreign exchange trading today.

Arik Faingold credit: Nati Levi Israeli autonomous frontend co AutonomyAI raises $4m

Led by Arik Faingold, the founder of cybersecurity unicorn Pentera, AutonomyAI offers a platform that learns and understands the full organizational context and generates code that can be deployed directly to the production environment.

British Airways aircraft  credit: Shutterstock/Jarek Kilian Tel Aviv - London fares to fall as British Airways resumes flights

From June there will be 20-32 weekly flights operated on the popular Tel Aviv - London route by foreign airlines - British Airways, Wizz Air and easyJet.

Partner Partner forms int'l business diivision

The division will be headed by former Bezeq International VP Global Business Nissan Arieh.

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018