SAR chief: Special program to localize railway industry to be announced next week    Several US states move to eliminate high school graduation exam requirements    Saudi-French Ministerial Committee agree to work together to upgrade bilateral partnership for AlUla    Saudi Music Commission launches MusicAI global platform for learning and teaching music    Saudi Arabia bans commercial use of symbols and logos of other countries    Israeli airstrikes target Beirut's southern suburbs    Fire at hospital in India kills 10 infants; investigation underway    Xi Jinping: Efforts to block economic cooperation are 'backpedaling'    Residents of several towns in Victoria, Australia ordered to evacuate due to bushfires    Jake Paul defeats Mike Tyson in lackluster showdown at Dallas Cowboys' home    Spectacular opening of the 2024 Thailand International Mega Fair in Riyadh    Mike Tyson slaps Jake Paul during final face-off    South Africa's Mia le Roux pulls out of Miss Universe pageant    Questions raised over Portugal's capacity to host Europe's largest annual tech event    Riyadh lights up as Celine Dion and Jennifer Lopez dazzle at Elie Saab's 45th-anniversary celebration    Saudi Arabia's inflation rate hits 1.9% in October, the highest in 14 months    Australia and Saudi Arabia settle for goalless draw in AFC Asian Qualifiers    Order vs. Morality: Lessons from New York's 1977 Blackout    South Korean actor Song Jae Lim found dead at 39    Don't sit on the toilet for more than 10 minutes, doctors warn    Saudi Champion Saeed Al-Mouri scores notable feat in Radical World Championship in Abu Dhabi with support from Bin-Shihon Group    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



International firms drop out of Israeli tenders over boycott fears
Published in The Saudi Gazette on 19 - 02 - 2014


Mohammed Mar'i
Saudi Gazette


RAMALLAH – Leading international companies bidding to build private seaports here dropped out of the Israeli government's tender due to concerns over the political repercussions, a report said on Tuesday. The Israeli daily Haaretz said that Royal Boskalis Westminster, a Dutch operator of ports that had submitted a proposal under the name Holland Terminal in the prequalification stage last December, dropped out shortly thereafter. More recently, Italy's Condote de Agua withdrew after passing the prequalification process, the report said.
The report said that the Israeli government is developing private seaports in Haifa and Ashdod to create competition with costly and inefficient state-owned facilities. Officials, led by Israeli Transportation Minister Yisrael Katz, see port reform as a national project that will lower the price of imported goods and the cost of living. Haaretz said that the companies that had initially expressed their interest in the PQ stage last April made their decisions to drop out in recent months as boycott pressure on Israel has grown. The deadline for submitting bids was Monday, the report said.
It added that in addition to the companies that withdrew from bidding, a third company – Jan De Nul from Belgium – only agreed to submit its bid after it was permitted to do so through a company registered in Luxembourg called Ludreco, out of fear of jeopardizing its business in the Arab world. According to the report, three other companies also dropped out of the bidding over the last several months – FCC and Cyes, two Spanish companies; and Germany's Möbius Bau. Those three, however, are believed to have dropped out due to financial problems or because they couldn't agree to terms with the Israeli partners they were jointly making bids with.
The report said that the Israel Ports Company, which is supervising the tender, has scrupulously avoided publicly identifying the companies that had expressed an interest over the last months out of political sensitivities. Monday, it declined to officially name any of the bidders, it said.
On Monday, the Hebrew Walla news service said that Deutsche Bank, the largest German bank, has included Israel's Bank Hapoalim on a list of companies who are ethically questionable for investment. The move follows similar ones by Swedish Nordea Bank, which is the largest bank in Scandinavia, and the Norwegian Danske Bank, which is the largest bank in Denmark.
The two banks have announced they will boycott Israeli banks because they operate in occupied Palestinian territories.
Europe has voiced continuous criticism over Israeli construction in occupied East Jerusalem and West Bank, and several months ago published new guidelines which boycott Israeli entities operating beyond the 1967 lines.
Israeli media report say that there are increasing concerns in Israel over a Palestinian-led movement of boycott, divestment and sanctions (BDS). The boycott has been growing recently, mainly in Europe, where some businesses and pension funds have cut investments or trade with Israeli firms they say are connected to West Bank settlements.
BDS activists say they promote different objectives, with some focusing on a boycott of the settlements and others saying everything Israeli must be shunned until there is a peace deal. BDS supporters argue that Israel will withdraw from war-won lands only if it has a price to pay.
Israeli Finance Minister Yair Lapid related to the boycott issue Monday at the Conference of Presidents of Major American Jewish Organizations in occupied Jerusalem, saying that if current peace talks with the Palestinian collapse, it will be “nothing less than devastating” to the welfare of Israeli citizens.


Clic here to read the story from its source.