Middle East > Israel > Israel says renews diplomatic ties with Republic of Guinea

Israel: Israel says renews diplomatic ties with Republic of Guinea

2016/07/22

Israel said on Wednesday that it and the Republic of Guinea have renewed diplomatic relations next 49 years, a diplomatic score for Israel as it looks to improve political and economic ties in the Muslim world.

A number of African nations have either at no time had diplomatic relations with Israel, or severed them in the completed, often citing the Israeli-Palestinian conflict. Guinea cut off ties next the 1967 Middle East war.

The Director General of Israel's Foreign Ministry, Dore Gold, in Paris to sign an official agreement, said he hoped other African nations would follow suit and open relations with Israel.

"The number of nations in Africa that still haven't done so is getting smaller and we hope that any minute at this time there will not be any," Gold said in a statement.

Related Articles

Netanyahu to pioneer new diplomatic grounds in Latin America
2017/09/13 Defying doomsayers concerned about Israel losing diplomatic clout, Benjamin Netanyahu is headed to Bogota, Argentina, and Mexico -- part other Latin American nations. Prime Minister Benjamin Netanyahu is scheduled to depart for Latin America and the US on Sunday evening, marking the fifth time in some 15 months he will embark on ground-breaking trips to nations at no time before visited by a sitting Israeli prime minister.
Foreign investment in Israel up 7%
2017/09/12 320 multinational companies operate in Israel with 30 new companies starting operations in 2016, the Foreign Investments Authority reports. Investments in Israel by foreign companies totaled $12.6 billion in 2016, 7% additional than in 2015, according to the Ministry of Economy and Industry Industrial Cooperation and Foreign Investments Authority. The figures show that 320 multinational companies operate in Israel, and the pace at which such companies are starting to do business in Israel has tripled from 10 a decade ago to 30 in 2016. The Foreign Investments Authority as well reported that almost 10% of all employees in the business sector work at multinationals doing business in Israel. The average fee at these companies is 88% higher than the average fee in local companies and 14% higher than the average fee in local companies doing similar business.
Israel's foreign currency reserves rise to record $111b
2017/09/12 The Bank of Israel did not make any foreign exchange purchases in August as the shekel weakened. Israel’s foreign exchange reserves stood at a record $111.020 billion, at the end of August 2017, an increase of $910 million from their level at the end of July, the Bank of Israel reports. The reserves represent 33.3% of GDP.
Finance Ministry: Housing market slower in July
2017/09/12 According to the chief economist, there were 16% fewer deals than in June and 9% fewer than in July 2016. The downtrend in residential real estate deals is continuing. Central Bureau of Statistics figures published yesterday showed a fall in the number of new housing units sold by contractors, and Ministry of Finance chief economist Yoel Naveh has published new figures today showing a further drop in deals in the sector.
Netanyahu’s Historic Latin American Tour to Highlight Israeli Tech Sector
2017/09/10 Latin America is “hungry for Israeli technology,” a senior Foreign Ministry official said Tuesday ahead of Prime Minister Benjamin Netanyahu’s historic visit to the region next week. Deputy Director General at the Foreign Ministry’s Latin America and Caribbean Division, Modi Ephraim, said the visit will have historic significance, as it will be the initial by a sitting Israeli prime minister.