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Discount Investment Corporation Ltd.
Discount Investment Corporation Ltd. ( he, דיסקאונט השקעות), 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 comp ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( 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 therefore 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 Kingdom it is usually a public limited company (plc), ...
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Mandatory Palestine
Mandatory Palestine ( ar, فلسطين الانتدابية '; he, פָּלֶשְׂתִּינָה (א״י) ', where "E.Y." indicates ''’Eretz Yiśrā’ēl'', the Land of Israel) was a geopolitical entity established between 1920 and 1948 in the Palestine (region), region of Palestine under the terms of the League of Nations Mandate for Palestine. During the First World War (1914–1918), an Arab uprising against Ottoman Empire, Ottoman rule and the British Empire's Egyptian Expeditionary Force under General Edmund Allenby drove the Ottoman Turks out of the Levant during the Sinai and Palestine Campaign. The United Kingdom had agreed in the McMahon–Hussein Correspondence that it would honour Arab independence if the Arabs revolted against the Ottoman Turks, but the two sides had different interpretations of this agreement, and in the end, the United Kingdom and French Third Republic, France divided the area under the Sykes–Picot Agreementan act of betrayal in the eyes of ...
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Holding Companies Established In 1961
Holding may refer to: * Holding an object with the hands, or grasping * Holding (law), the central determination in a judicial opinion * Holding (aeronautics), a manoeuvre in aviation * Holding (surname) * Holding company, a company that owns stock in other companies * Holding (American football), a common penalty in American football * ''The Miroslav Holding Co.'', 2001 Croatian film also released as ''Holding'' * "Holding", an episode of the American animated television series ''Beavis and Butt-Head'' * ''Holding'' (TV series), a 2022 TV series See also * * * Smallholding * Hold (other) * The Holding (other) * "Holdin' "Holdin'" is a song written by Kelly Garrett and Craig Wiseman, and recorded by American country music group Diamond Rio Diamond Rio is an American country music band. The band was founded in 1982 as an attraction for the Opryland USA theme ...," a song by Diamond Rio * Hoarding * Possession (law) {{disambiguation ...
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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 Aires ...
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Haaretz
''Haaretz'' ( , originally ''Ḥadshot Haaretz'' – , ) is an Israeli newspaper. It was founded in 1918, making it the longest running newspaper currently in print in Israel, and is now published in both Hebrew and English in the Berliner format. The English edition is published and sold together with the ''International New York Times''. Both Hebrew and English editions can be read on the internet. 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. It is considered Israel's newspaper of record. It is known for its left-wing and liberal stances on domestic and foreign issues. As of 2022, ''Haaretz'' has the third-largest 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 i ...
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TheMarker
''TheMarker'' ( he, דה-מרקר) 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 websi ...
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Nochi Dankner
Nochi Dankner ( he, נוחי דנקנר; 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 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 ...
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Israel Discount Bank
Israel Discount Bank, Ltd. is a retail bank, commercial bank, private bank and financial services company headquartered in Tel Aviv with 112 branches throughout Israel. Discount Bank is a public company traded on the Tel Aviv Stock Exchange under the symbol DSCT. It provides personal banking, business banking and private banking products and services through physical branches, online banking and mobile banking. History Discount Bank was established on 5 April 1935, as ''Eretz Yisrael Discount Bank'' Ltd., by Leon Recanati and his partners, Yosef Albo and Moshe Carasso. In its early days, Discount Bank operated out of a small hotel on Nachlat Binyamin Street in Tel Aviv. It later moved to its permanent location at 39 Yehuda Halevi Street. Today, Discount Bank's headquarters are located at the Discount Bank Tower, a 30-story skyscraper located at 23 Yehuda HaLevi Street in Tel Aviv, which completed construction in 2006. Discount Bank derives its name from the word "disconto", di ...
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Tel Aviv
Tel Aviv-Yafo ( he, תֵּל־אָבִיב-יָפוֹ, translit=Tēl-ʾĀvīv-Yāfō ; ar, تَلّ أَبِيب – يَافَا, translit=Tall ʾAbīb-Yāfā, links=no), often referred to as just Tel Aviv, is the most populous city in the Gush Dan metropolitan area of Israel. Located on the Israeli coastal plain, Israeli Mediterranean coastline and with a population of , it is the Economy of Israel, economic and Technology of Israel, technological center of the country. 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 many List of diplomatic missions in Israel, foreign embassies. It is a Global city, beta+ world city and is ranked 57th in the 2022 Global Financial Centres Index. Tel Aviv has the List of cities by GDP, third- or fourth-largest e ...
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Israir
Israir Airlines Ltd., more commonly referred to as Israir, is an Israeli 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 international charter 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 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 Ganden 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 network that now covers much of Europe, as well ...
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Elron Electronic Industries
Elron Electronic Industries 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 Uzia Galil, 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 his studies in the Uni ...
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