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Is Walmart Coming to Israel? Netanyahu Says the Door Is Open

  • Top Netanyahu aide says Israel willing to relax regulation
  • Simhon says Israel weighing tax cuts, following U.S.’s suit
A Wal-Mart Stores Inc. Location Ahead Of Earnings Figures

Photographer: Luke Sharett/Bloomberg

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Prime Minister Benjamin Netanyahu wants to use the power of his office to help bring the world’s largest retailer to Israel.

That was Netanyahu’s message to John Furner, a senior Walmart Inc. executive, at a meeting at the World Economic Forum in Davos, Switzerland, according to Netanyahu’s economic adviser, Avi Simhon. They discussed the idea of Walmart’s opening a retail branch and investing in Israeli technologies, said Simhon, without giving further details.