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Discount Investment Corporation
Discount Investment Corporation Ltd. (), or DIC, is a holding company based in Israel. The company is listed on the Tel Aviv Stock Exchange and is a constituent of the TA-125 Index. The company is controlled by , which itself is held by IDB Holding Corporation Ltd. (). DIC also holds stakes in a number of companies, including Elron Electronic Industries, Cellcom Israel, and Israir. History Discount Investment Corporation was founded in 1961 as an investment vehicle of the Recanati family, which at the time were owners of the Israel Discount Bank, itself founded by the family in the 1930s after emigrating from Greece during the British Mandate of Palestine. The family business were controlled by umbrella company IDB Holding Corporation (IDB standing for Israel Discount Bank) founded in 1969. In 2002 the company sold its holdings to a group of investors headed by Nochi Dankner. In September 2012, Discount Investment Corporation and its parent company IDB Holdings had a "going con ...
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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 ...
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Mandatory Palestine
Mandatory Palestine was a British Empire, British geopolitical entity that existed between 1920 and 1948 in the Palestine (region), region of Palestine, and after 1922, under the terms of the League of Nations's Mandate for Palestine. After an Arab Revolt, Arab uprising against the Ottoman Empire during the First World War in 1916, British Empire, British Egyptian Expeditionary Force, forces drove Ottoman Empire, Ottoman forces out of the Levant. The United Kingdom had agreed in the McMahon–Hussein Correspondence that it would honour Arab independence in case of a revolt but, in the end, the United Kingdom and French Third Republic, France divided what had been Ottoman Syria under the Sykes–Picot Agreement—an act of betrayal in the eyes of the Arabs. Another issue was the Balfour Declaration of 1917, in which Britain promised its support for the establishment of a Homeland for the Jewish people, Jewish "national home" in Palestine. Mandatory Palestine was then establishe ...
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Holding Companies Established In 1961
Holding may refer to: Film and television * ''The Holding'' (film), 2011 British film * "Holding", an episode of the American animated television series ''Beavis and Butt-Head'' * ''Holding'' (TV series), a 2022 TV series based on the book by Graham Norton * ''The Miroslav Holding Co.'', 2001 Croatian film, also released as ''Holding'' Other uses * Holding an object with the hands, or grasping * ''Holding'', a novel by Graham Norton * Holding (aeronautics), a manoeuvre in aviation * Holding (American football), a common penalty in American football * Holding (law), the central determination in a judicial opinion * Holding (surname) * Holding company, a company that owns stock in other companies See also * * * Smallholding * Hold (other) * The Holding (other) * "Holdin'," a song by Diamond Rio * Hoarding * Possession (law) In law, possession is the exercise of dominion by a person over property to the exclusion of others. To possess something, a p ...
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Eduardo Elsztain
Eduardo Sergio Elsztain (born January 26, 1960) is a prominent Argentine businessman who is his country's largest real-estate developer. According to ''The Jerusalem Post'', Elsztain "stands atop Argentina's largest business empire, the country's leader in real estate and agriculture, which he built with his own two hands." He is the chairman of Inversiones y Representaciones S.A. ( IRSA), Argentina's largest real estate company, which is listed on the New York Stock Exchange; of CRESUD, a leading agri-business company that operates in Argentina, Bolivia, Paraguay, and Uruguay and is listed on the NASDAQ; of BrasilAgro (Companhia Brasileira de Propriedades Agrícolas), which is also on the NYSE; and of the public–private partnership Banco Hipotecario, Argentina's leading mortgage bank in which Elsztain is the largest private shareholder. Through IRSA, Elsztain runs most of the shopping malls in Argentina. Early life and education Eduardo Sergio Elsztain was born in Buenos A ...
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Haaretz
''Haaretz'' (; originally ''Ḥadshot Haaretz'' – , , ) is an List of newspapers in Israel, Israeli newspaper. It was founded in 1918, making it the longest running newspaper currently in print in Israel. The paper is published in Hebrew language, Hebrew and English language, English in the Berliner (format), Berliner format, and is also available online. In North America, it is published as a weekly newspaper, combining articles from the Friday edition with a roundup from the rest of the week. ''Haaretz'' is Israel's newspaper of record. It is known for its Left-wing politics, left-wing and Liberalism in Israel, liberal stances on domestic and foreign issues. ''Haaretz'' has the third-largest Print circulation, circulation in Israel. It is widely read by international observers, especially in its English edition, and discussed in the international press. According to the Center for Research Libraries, among Israel's daily newspapers, "''Haaretz'' is considered the most infl ...
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TheMarker
''TheMarker'' () is a Hebrew-language daily business newspaper published by the Haaretz Group in Israel. ''TheMarker'' was founded in 1999 by journalist and entrepreneur Guy Rolnik along with Haaretz Group and U.S.-based investors. Five years after ''TheMarker'' launched, Haaretz newspaper group decided to terminate its long-standing business section and relaunch it as a daily print newspapers called ''TheMarker'', the brand that was created online. The chief editor of ''TheMarker'' is Sami Peretz. The editor of the monthly magazine is Eytan Avriel. ''TheMarker'' alone has about 250 employees. It operates from ''Haaretz'' newspaper building in Tel Aviv. In 2006 and 2007 ''TheMarker'' and Rolnik won the 2 most important awards in marketing and business strategy for creating ''TheMarker'', turning it into the leading brand in financial media and using an internet brand to launch a print newspaper (see "Awards"). Currently ''TheMarker'' produces a website, a daily print newspap ...
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Nochi Dankner
Nochi Dankner (; born 13 November 1954) is an Israeli businessman and a board member of the Jewish Agency for Israel. He was the controlling shareholder of the IDB Group. Dankner is also the founder and chairman of the Ganden Group - which led him to a personal bankruptcy of 400 million NIS. In 2017 he was convicted of Securities Fraud for a scheme to inflate his company's stock price in order to raise money when it was struggling financially. Biography Nochi Dankner was born in Tel Aviv. He is the son of Zahava and Yitzhak Dankner, one of six brothers who founded Dankner Investments. In 1972 he was drafted to the Israel Air Force's pilot academy, and dropped out after a year. He went to the IDF's officer training course and was placed in air force intelligence for the remainder of his service, which he finished at the rank of captain. During his military service Dankner started his first business. In 1975 he opened Botticelli, a wine and cheese house in Old Jaffa. He opened th ...
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Israel Discount Bank
Israel Discount Bank, Ltd. () is an Israeli banking institution that offers a range of financial services, including retail banking, commercial banking, private banking, and financial services. The bank, headquartered in Tel Aviv, operates 112 branches throughout Israel. Founded on 5 April 1935 in Tel Aviv, Mandatory Palestine, the bank has grown to become a significant player in the Israeli banking industry. It is a public company listed on the Tel Aviv Stock Exchange under the symbol DSCT and is included in the Tel Aviv 35 Index. The bank's product portfolio includes credit cards, consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, securities, asset management, and wealth management. It serves its customers through various channels including physical branches, online banking, and mobile banking. As of 2018, the bank reported revenues of ₪ 9.02 billion, operating income of ₪ 1.5 bill ...
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Tel Aviv
Tel Aviv-Yafo ( or , ; ), sometimes rendered as Tel Aviv-Jaffa, and usually referred to as just Tel Aviv, is the most populous city in the Gush Dan metropolitan area of Israel. Located on the Israeli Mediterranean coastline and with a population of 495,600, it is the economic and technological center of the country and a global high tech hub. If East Jerusalem is considered part of Israel, Tel Aviv is the country's second-most-populous city, after Jerusalem; if not, Tel Aviv is the most populous city, ahead of West Jerusalem. Tel Aviv is governed by the Tel Aviv-Yafo Municipality, headed by Mayor Ron Huldai, and is home to most of Israel's foreign embassies. It is a beta+ world city and is ranked 53rd in the 2022 Global Financial Centres Index. Tel Aviv has the third- or fourth-largest economy and the largest economy per capita in the Middle East. Tel Aviv is ranked the 4th top global startup ecosystem hub. The city currently has the highest cost of living in the wor ...
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Israir
Israir Airlines Ltd., more commonly referred to as Israir, is an Israeli low-cost airline headquartered in Tel Aviv. It operates domestic scheduled and air taxi flights from Ben Gurion International Airport, Ramon Airport, and Haifa Airport as well as scheduled and charter international services from Ben Gurion International Airport to Europe and Asia. It also operates VIP flights, and is Israel's second-largest airline after El Al, surpassing Arkia Israel Airlines during the Coronavirus pandemic, employing some 350 staff. History Foundation and early years Israir Airlines was established in 1989 as Kanfei HaEmek (Valley Wings) before changing its name to Israir Airlines in 1996. It is now wholly owned by the Rami Levi Group. The airline began with domestic services from Eilat Airport, Ben Gurion International Airport, Sde Dov Airport, and Haifa Airport in the north of the country. It expanded its operations to begin international charter flights in 1999, building up a route ...
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Elron Electronic Industries
Elron Ventures (formerly Elron Electronic Industries Ltd.) is an Israeli technology holding company based in Tel Aviv; since 1962 the company has been involved in setting up, funding and developing over 30 companies and is considered one of the foundation stones of the high-tech industry in Israel. The company's sectors of interest include clean technology, software, semiconductors, medical technology, telecommunications, defence and aerospace. Today, the combined annual revenues of the companies established by Elron are approximately $5 billion. History Early years Elron was founded in 1962 by , with the support of Dan Tolkowsky of the Discount Investment Corporation. Uzia Galil graduated from the Technion – Israel Institute of Technology in 1947, and in 1948 joined the Israel Navy as an officer responsible for maintaining its Radio systems. In 1952 Uzia was sent to study for a master's degree in Electrical Engineering at Purdue University in the United States. During h ...
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