Tuesday, April 14, 2009
The Sinai Peninsula Beduins maintain an active trade route across Israel's Southern border. What is profitable to bring to Israel without paying taxes? Apparently there are three categories of mechandise: Weapons for the Arab population (for self-defense against other Arab clans, not against Israel), drugs (mostly raw smoking marihuana), and ... tobacco leaves. Tobacco is a monopoly in Israel, and the sole local cigarette producer is Dubek. Once I calculated that the tobacco monopoly in Israel must be a good thing to invest in and searched for ways to buy into Dubek. It is impossible, it is a private outfit owned by the Ghel family (manager: Dr. Roy Gehl, grandson of the founder). I dont smoke and dont know the price of cigarettes. I never buy cigarettes in airport's duty free shops, in fact I dont buy anything. I do keep an eye on Dubek and it seems to be most secretive. More of a reason to study the tobacco situation in this country.