Cremisan Wine, founded in 1885, is a winery run by monks in the Monastery of Cremisan. The grapes are grown mainly in the al-Khader district. In 2007, the monastery's wine production was around 700,000 liters per year.
In 2008, Bethlehem hosted the largest ever economic conference in the Palestinian territories. It was initiated by Palestinian Prime Minister and former Finance Minister Salam Fayyad to convince over 1,000 businessmen, bankers and government officials from throughout the Middle East to invest in the West Bank and Gaza Strip. A total of 1.4 billion US dollars was secured for business investments in the Palestinian territories
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