In the past week, Israel has thrown out a series of encouraging news items for overseas investors.

Let me start with a story that was first reported on the Hong Kong stock exchange. Hutchinson Telecommunications International will sell its 51.3% equity interest in Partner Communications, Israel. This is expected to pull in a pre tax profit of around US$1,000 million.

Shlomi Cohen is an established commentator on the local finance scene. In his latest writing, he has identified several Israeli high tech companies that have ridden the global tsunami with great skill.

And these companies are not individual islands of success. If you look at today’s Globes financial newspaper, you can find a string of satisfying investment news. To take just 2 examples, check the links to D-Pharm and to Tower Semiconductors.

The Israeli economy is on the move back.