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TRAVEL

June show: doing business in Israel

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U.S. investor Warren Buffet

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Biz Traveller
Richard Quest

(CNN) -- Business Traveller heads to Israel in June after legendary American investor Warren Buffet put the country on the map as an investment target.

In early May, Buffet made his biggest deal outside the U.S. when he paid $4 billion for an 80 per cent stake in privately held Iscar Metalworking Co., one of Israel's largest manufacturers.

The Tel Aviv Stock Exchange soared on the news and Israeli Prime Minister Ehud Olmert predicted it would focus international investors' attention on a country known primarily for its wars.

Hot bed of innovation

Business Traveller looks at some of the technological developments that have taken place in Israel during the past 50 years. From solar energy to military technology, Israel could be a new market for investors.

Doing business

We examine the correct protocols when working in Israel, including cultural differences non-Israelis may encounter as well as political and religious sensitivities. We also look at what implications having an Israeli stamp in your passport will have on other travels throughout the Middle East.

Time out

Got a couple of spare hours on your hands? We visit the world's first underwater museum opened in Caesaria last month. Visitors can see 80,000sq m of a sunken harbor built by the biblical king of the Jews for Caesar Augustus. There are four areas: one for snorkeling and three for scuba diving.

Show times

ALL TIMES GMT

Airs the second weekend of the month and the following Thursday.

Next airdates: June 10/11/15

Saturday 07:30, 13:30, 16:30

Sunday 11:30, 17:30

Thursday 13:30, 17:30

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