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Israel Getting New Economic Daily

Beginning in February, Israel will get a new economic daily, modeled on the Financial Times of London.

The Hebrew-language tabloid, to be called the Telegraph, is owned by a holding company that is primarily backed by a U.S. investors group, according to Matti Golan, who has been named editor in chief. The overseas investors are represented in Israel by Avi Tiomkin. Another backer is the Dovrat Shrem company whose chairman, Aharon Dovrat, will serve as chairman of the newspaper’s board.

“Our target audience is anyone interested in economics, not just businessmen,” said Golan, a former economics correspondent for Ha’aretz and the economic weekly Globes.

The new publication, to be printed, like its British model, on pink paper, will concentrate on economic news and analysis “with a sprinkling of articles in related fields, such as social-economics,” he said.

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