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October 27, 1995 - Image 57

Resource type:
Text
Publication:
The Detroit Jewish News, 1995-10-27

Disclaimer: Computer generated plain text may have errors. Read more about this.

12 MONTH
CERTIFICATE

, 5,75,

Jerusalem To Dead Sea
Is A New Tourist Area

5,87 0/0

INTEREST RATE

A.P.Y./*

The northern Dead Sea area is due for massive
development of its tourism facilities.

HAIM SHAPIRO SPECIAL TO THE JEWISH NEWS

W

ill the road from
Jerusalem to the Dead
Sea become the Pales-
tine Highway?
No, says Motzi Dhamhan,
head of the Megilot Regional
Council, who notes he has as-
surances not only from Prime
Minister Yitzhak Rabin, but from
such super doves as Yossi Sarid
and Shulamit Aloni that the
northern Dead Sea area will re-
main in Israeli hands.
Mr. Dhamhan quotes Mr.
Sarid as saying not to worry,
since there is not even one
Bedouin tent in the area.
The Megilot region is one of
the largest in the country. Mr.
Dhamhan has lived there since
1978, when he was one of the
first civilians to settle Mitzpe
Shalem, a kibbutz located in the
mountains overlooking the Dead
Sea.
Mitzpe Shalem has 200 resi-
dents, most of whom are chil-
dren, and has plans to expand.
Like the other kibbutzim in the
region, it intends to add an ur-
ban center with room for 100 to

60 MONTH
CERTIFICATE

200 families who would not be
members of the kibbutz.
The kibbutz supports itself
with a combination of agricul-
ture, tourism and industry. The
climate gives it a distinct ad-
vantage in agriculture, with mel-
ons, grapes, and even dates
ripening before they do else-
where.
The kibbutz industry is the
widely publicized Ahava plant,
which produces natural cosmet-
ics using Dead Sea minerals. The
factory is to be expanded.
The expansion will be to keep
up with the demand, which has
latched on to the current inter-
est in natural products, especially
for such items as moisturizers
and eye creams. The cosmetics,
he adds, have won several prizes
in France. Currently, several Is-
raeli hospitals are cooperating in
tests of a cream to reduce pain in
rheumatic joints.
The tourist branch at Mitzpe
Shalem is represented by Met-
zoke Dragot, an adventure
tourism company that offers

CALL (810)338-7700 or (810)352-7700

JERUSALEM page 58

Main Office 2600 Telegraph Rd. Bloomfield Hills, Mi 48302

6.25%

INTEREST RATE



A.P.Y./*

These are fixed rate certificates of deposit that are insured by Federal Deposit
Insurance Corporation (FDIC). A minimum opening deposit and balance of $500.00
is required to obtain the stated Annual Percentage Yield. •

FIRST SECURITY

cr

LENDER

SAVINGS BANk
"First in Service"

*Annual percentage yield when compounded quarterly. Rate is accurate as of 10/27/95. Penalty for early withdrawal from certificate accounts may be assessed.

••

:3f..,,,

M,;;;; ;,,,,

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