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Israel Corporation
Israel Corporation () (also Israel Corp) is Israel's largest holding company. It was founded in 1968 by the Government of the State of Israel. 50% of its manufacturing activities and 70% of its consolidated revenues derive from global operations. Its core holdings are fertilizers and specialty chemicals, energy, shipping and transportation. Israel Corp is a constituent of the TA-35 Index of leading shares of the Tel Aviv Stock Exchange. Two of its major holdings, Israel Chemicals and Oil Refineries Ltd are also constituents of the TA-35 Index. History The Israel Corp was founded by the government of Israel in 1968, together with Shaul Eisenberg, who was one of the first strategic foreign investors in Israeli history, under the initiative of then Minister of Finance, Pinchas Sapir of the Israeli Labor Party, who changed the Encouragement of Capital Investments Law to attract foreign investment. The change ensured that the company's owners were exempt from taxes for 30 y ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holding Company
A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share capital, stock of other companies to create a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding Share capital, stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' uses the term ''parent holding company''. Holding companies can be subsidiaries in a Subsidiary#Tiered subsidiaries, tiered structure. Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Shakshuka System
''The Shakshuka System'' () is a 2008 Israeli documentary film created by the Israeli investigative journalist Mickey Rosenthal and the Israeli director Ilan Aboody. The film focuses on the connection between private capital and government in Israel and suggests that a system exists whereby the State of Israel sells its limited resources, cheaply, to a handful of wealthy families. The film shows this by specifically focusing on the business relationship between the political leadership in Israel and one of the wealthiest families in the Israeli economy – the Ofer family. The film won the Ophir Award for Best Documentary film in 2009. While the film was being produced, the Ofer Brothers Group filed a lawsuit against the creators of the film and no Israeli TV channel would show it. Initially the film was screened in Cinematheques, different events, and in the Knesset. A year after the premiere, it was broadcast on Channel 1, followed by a film produced by the Ofer Brothers in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Documentary Film
A documentary film (often described simply as a documentary) is a nonfiction Film, motion picture intended to "document reality, primarily for instruction, education or maintaining a Recorded history, historical record". The American author and Media studies, media analyst Bill Nichols (film critic), Bill Nichols has characterized the documentary in terms of "a filmmaking practice, a cinematic tradition, and mode of audience reception [that remains] a practice without clear boundaries". Research into information gathering, as a behavior, and the sharing of knowledge, as a concept, has noted how documentary movies were preceded by the notable practice of documentary photography. This has involved the use of singular Photograph, photographs to detail the complex attributes of History, historical events and continues to a certain degree to this day, with an example being the War photography, conflict-related photography achieved by popular figures such as Mathew Brady during the Am ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kenon Holdings
Kenon Holdings is a public corporation, which is a spin off from Israel Corporation, traded on the New York Stock Exchange and the Tel Aviv Stock Exchange. Owned by Israeli businessman Idan Ofer, it controls Israel Corp's investment in companies such as Qoros. Overview The company was founded in 2014 as a spin off from the Israel Corporation. In 2017, it announced plans to build Kiryat Gat power station in Israel. Nati Yefet, 9 Apr, 2017, Globes Israel Headquartered at the in , [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Leumi
Bank Leumi (, lit. ''National Bank''; ) is an Israeli bank. It was founded on February 27, 1902, in Jaffa as the ''Anglo Palestine Company'' as subsidiary of the Jewish Colonial Trust () Limited formed before in London by members of the Zionism, Zionist movement to promote the industry, construction, agriculture, and infrastructure of the land hoped to ultimately become Israel. Today, Bank Leumi is Israel's largest bank (by total assets as of 2015), with overseas offices in Luxembourg, US, Switzerland, the UK, Mexico, Uruguay, Romania, Jersey, and China. Though nationalized in 1981, now Bank Leumi is mainly in private hands, with the government as the largest single shareholder, with 14.8% of the stock, The other major shareholders are Shlomo Eliyahu and Barnea Investments, which each hold 10% of the stock, constituting the control core of the bank. Sixty percent of the bank's stocks are held by the public and traded on the Tel Aviv Stock Exchange. History The antecedents of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ofer Brothers Group
The Ofer Brothers Group () was an Israeli family shipping business started by the billionaire Ofer family which is today known as XT Group. History Sammy Ofer, KBE (22 February 1922 – 3 June 2011) born in Romania, and brother Yuli Ofer (1924 - 11 September 2011), established the Ofer Brothers shipping company in the 1950s. The Ofer Holdings Group dealt in property in Israel. The company branched out into aviation, high-tech, private equity, insurance, media and real estate. It became known as XT Group in November 2012 and is jointly owned by Idan Ofer and Udi Angel. Shares in Israel Corporation, one of Israel's largest holding companies, were acquired by the Ofer family in 1999, with the then Ofer Holdings acquiring a stake as part of the extended group. The company's holdings include Zim, Israel Chemicals, Oil Refineries Ltd (BAZAN) in Haifa, Tower Semiconductor and more. The Ofer family is one of 20 families that control 25% of Israel's exchange-listed companies. On May 24, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Israeli Labor Party
The Israeli Labor Party (), commonly known in Israel as HaAvoda (), was a Social democracy, social democratic political party in Israel. The party was established in 1968 by a merger of Mapai, Ahdut HaAvoda and Rafi (political party), Rafi. Until 1977, all Israeli prime ministers were affiliated with the Labor movement. The final party leader was Yair Golan, who 2024 Israeli Labor Party leadership election, was elected on 28 May 2024. A party in the Labor Zionist tradition supporting the welfare state and trade union links, the Labor Party was associated with supporting the Israeli–Palestinian peace process, pragmatic foreign affairs policies and social-democratic economic policies. The party has also been described as Secularism, secular, Progressivism, progressive, and in favour of a two-state solution. The party was a member of Socialist International until July 2018, and was subsequently a member of the Progressive Alliance and an observer member of the Party of European S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pinchas Sapir
Pinchas Sapir (; born Pinchas Kozlowski 15 October 1906 – 12 August 1975) was an Israeli politician during the first three decades following the country's founding. He held two important ministerial posts, Minister of Finance (1963–68 and 1969–74) and Minister of Trade and Industry (1955–65 and 1970–72) as well as several other high-ranking governmental posts. For many years, he served as the Secretary General of Mapai or the Labor Party. He is often considered to be 'the father' of the Israeli economy for his unwavering efforts to foster economic development during the country's formative years. Biography Pinchas Sapir was born in 1906 in Suwałki, Russian Empire (now in Poland) and after graduating from a teachers' seminary he emigrated to Mandatory Palestine in 1929. He was a long-time resident of the city of Kfar Saba where he lived in a modest apartment until his death. He died from a heart attack while attending a ceremony in moshav Nevatim, on 12 August 1975 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shaul Eisenberg
Shaul Nehemia Eisenberg (; 22 September 1921 – 27 March 1997) was an Israeli businessman and billionaire tycoon. Biography Shaul Eisenberg was born in Munich to a religious Jewish family from Poland, being the fifth out of six children born to Sophie (née Katz) and David Eisenberg. His mother was from Krakow and his father was from Warsaw. Shortly after the uprising of the Nazis in the government, he fled to Shanghai. While in Tokyo, Eisenberg met and married Leah Freudlsperger, a half-Japanese woman who was the daughter of an Austrian painter, and the couple had five daughters and a son. Eisenberg died in Beijing in 1997, two years before the expiration of the Eisenberg Law. After his death, the family fought over the inheritance, valued at around 1 billion dollars. His son continued to operate the family business. Eisenberg's brother, Rafael, who was a Hasidic scholar, died in 1976, leaving twelve children. Business career During World War II he worked with industrial fa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tel Aviv Stock Exchange
The Tel Aviv Stock Exchange (TASE; ), colloquially known as The Bursa, is the only public stock exchange in Israel and a public company itself, listed on its own exchange since August 1, 2019. It is regulated by the ''Securities Law (1968)'' and is under the direct supervision of the Israel Securities Authority (ISA). The TASE plays a significant role in the Israeli economy, facilitating the trade of securities and the raising of capital and debt for companies and the government on the Israeli capital market. Trading on the TASE is conducted exclusively through its 23 members, which include major banks and investment houses that collect a fee for their services. The TASE was founded in 1953, with its precursor dating back to 1935. As of 2021, it lists 473 companies, 901 series of corporate bonds, 204 series of government bonds, 416 index-tracking products, and 1,231 mutual funds. The exchange's market capitalization for equities stands at US$ 216 billion, and for bonds at US$ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TA-35 Index
TA-35 Index is an Israeli stock market index computed by the Tel Aviv Stock Exchange tracking the performance of 35 large companies listed on stock exchanges in Israel. It is one of the most commonly followed equity indices in Israel, considered as the flagship index in Israel and as a proxy to the Israeli economy similarly to the S&P 500 in the USA TA-25 was launched in January 1992, with a value of 100 points as a base value. The index was expanded on February 12, 2017, to include 35 instead of 25 stocks, in an attempt to improve stability and therefore reduce risk for trackers and encourage foreign investment. Composition The components of the index are: Historic values and returns See also * TA-90 Index * TA-125 Index *Economy of Israel An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material express ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
