Murdoch: King David Was Right, Jerusalem is the Capital
September 11, 2012
Media mogul and investor Rudolph Murdoch, who is not Jewish, told an “Innovate, Invest Israel’ conference in New York City, “What was right for King David is right for me. Jerusalem is the capital of Israel.”
The conference is jointly sponsored by The Wall Street Journal.
Murdoch also said, “Twenty years ago my company invested in a small company in a small Jerusalem apartment, and what I gained from this company in terms of capital returns and technologically was critical to my company in the last few years.”
“There are more than $11 billion in foreign investments in Israel. Usually we invest in assets that generate the best returns and Israel is too good for investors to ignore it.
“We once thought that G-d chose a Holy Land without any oil or natural resources, but recent years have shown that Israel has incredible resources with enormous oil and gas reserves”.
Murdoch added, “What differentiates Israel from other countries is the creativity. Israel is successful because it is one of several countries whose economy revolves around the human mind, and it is really a light unto the nations.
“Bear in mind that everything that happens in Israel happens despite all the threats to the country.”
Finance Minister Yuval Steinitz opened the conference, which is aimed at encouraging investment in Israel, which Globes said, “presents Israel as a test case of a stable economy in a stormy global market.”
Foreign investment to Israel has dropped this year, partly due to the threat of war with Iran.
Other business leaders and investors at the conference included officials from CitiGroup, Noble Energy, Credit Suisse and American Express.
Similar posts
-
Dear World: I Don't Care
November 2, 2023By Avi Lewis I don’t care that you sympathize with Hamas I know you wouldn’t tolerate any of ...
-
Stand With Israel!
October 17, 2023Stand with Israel. Don't stand with the extreme terror organization Hamas. This is a war about huma...
-
Israel Thanks You For Your Support
October 13, 2023Israel extends its heartfelt gratitude to each and every one of you, dear friends and supporters, f...
-
How Israel Benefits the United States
October 5, 2023The relationship between Israel and the United States has been a cornerstone of American foreign po...
-
How Israel Helps Its Arab Neighbors
September 27, 2023Introduction Israel, a country known for its rich history and complex geopolitical landscape, ha...
-
The Amazing Country of Israel
September 15, 2023Introduction Nestled in the heart of the Middle East, Israel is a nation with a remarkable histo...
-
Israel Safeguards The World From Terror Attacks
August 23, 2023Introduction In an era where terrorism poses a significant threat to global security, Israel sta...
-
Israel Helps The World With Water Recycling
August 10, 2023Introduction In a world grappling with the challenges of water scarcity and resource management,...
