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Israel's Anti-Concentration Law
Israel's Anti-Concentration Law, formally “A Law for Promotion of Competition and Reduction of Concentration”, is a law passed in December 2013 that seeks to reduce the size of existing large Israeli business groups organized in a pyramidal holding structures, separate financial holdings from non-financial holdings and prevent new pyramids from being formed. The law was approved by Israel's Knesset with no objections and included both coalition and opposition parties: 42 coalition Knesset members and 30 opposition Knesset members voted for the law, an extremely rare result in the Knesset's history. The Anti-Concentration Law is arguably the broadest-reaching economic policy measure taken by an Israeli government since the 1985 Israel Economic Stabilization Plan, which helped the country fight hyperinflation. In a January 7, 2014, New York Times article titled “Overhaul of Israel’s Economy Offers Lessons for United States” Steven Davidoff wrote that “with a single bill a ...
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Knesset
The Knesset ( he, הַכְּנֶסֶת ; "gathering" or "assembly") is the unicameral legislature of Israel. As the supreme state body, the Knesset is sovereign and thus has complete control of the entirety of the Israeli government (with the exception of checks and balances from the courts and local governments). The Knesset passes all laws, elects the president and prime minister (although the latter is ceremonially appointed by the President), approves the cabinet, and supervises the work of the government, among other things. In addition, the Knesset elects the state comptroller. It also has the power to waive the immunity of its members, remove the president and the state comptroller from office, dissolve the government in a constructive vote of no confidence, and to dissolve itself and call new elections. The prime minister may also dissolve the Knesset. However, until an election is completed, the Knesset maintains authority in its current composition.
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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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Idan Ofer
Idan Ofer ( he, עידן עופר; born 2 October 1955) is an Israeli billionaire businessman and philanthropist, with interests in shipping, energy, mining and sports. He is the founder of Eastern Pacific Shipping, and the principal of the Quantum Pacific Group, a holding company. He is majority shareholder of the Israel Corporation, listed on the Tel Aviv Stock Exchange, as well as Kenon Holdings, listed on the Tel Aviv and New York Stock Exchange. He is also the owner of the Israeli holding company Lynav Holdings and the Dutch-based Ansonia Holdings. Ofer owns a 33% stake in Spain's La Liga association football club Atlético Madrid, and an 85% stake in Portugal's Primeira Liga association football club FC Famalicão. As of August 2022, his net worth was estimated at US$11.0 billion. Early life Idan Ofer is the son of the late Israeli billionaire Sammy Ofer (originally Shmuel Herskovich) and Aviva Ofer. His father was an Israeli shipping magnate who immigrated to Israel ...
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Eyal Ofer
Eyal Ofer (born 1950) is an Israeli billionaire real estate and shipping magnate, and a philanthropist. He is the chairman of Ofer Global, Zodiac Group and Global Holdings. Biography Eyal Ofer was born in 1950 in Haifa, Israel.Karmin, CraigDevelopers Team Up With a Man Behind the Scenes ''The Wall Street Journal'', May 12, 2013 His father, Sammy Ofer, was a Romanian-born Israeli shipping magnate and once Israel's richest man.Pickford, JamesEyal Ofer donates £10m to Tate Modern extension ''Financial Times'', July 2, 2013Starkman, Rotem; Georgi, AnatBe smart, work hard - and be born into the right family ''Haaretz'', April 3, 2008 Eyal graduated from Atlantic College, an international boarding school affiliated with the United World Colleges, based in St Donat's Castle, Wales. In his teenage years, he spent summers working on one of his family's ships, loading cargo, scraping the boats' sides and repainting them, as well as traveling to international ports. He served as an intelli ...
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Yitzhak Tshuva
Yitzhak Tshuva ( he, יצחק תשובה; born July 7, 1948) is an Israeli billionaire businessman. He is the chairman of El-Ad Group, which owned the New York Plaza Hotel. He also owns the Israeli conglomerate Delek Group. In 2014, he was listed by ''Forbes'' as the seventh wealthiest Israeli. In March 2022, ''Forbes'' estimated his net worth at US$3.8 billion. Early life Tshuva was born to a Jewish family in Tripoli, Libya, in 1948. Around this time, his paternal grandfather, Rabbi Yosef (Susu) Tshuva, was murdered in the Libyan pogroms. When Yitzhak Tshuva was six months old, his parents, Rachamin and Julia, and their eight children emigrated to Israel as part of the Jewish exodus from Arab and Muslim countries. They settled near the city of Netanya, initially living in a transit camp. Tshuva studied at the "Yavne" primary school. At the age of 12, Tshuva began working to support his family by taking on construction and farming jobs. He did his mandatory military service ...
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Ehud Olmert
Ehud Olmert (; he, אֶהוּד אוֹלְמֶרְט, ; born 30 September 1945) is an Israeli politician and lawyer. He served as the 12th Prime Minister of Israel from 2006 to 2009 and before that as a cabinet minister from 1988 to 1992 and from 2003 to 2006. Between his first and second stints as a cabinet member, he served as mayor of Jerusalem from 1993 to 2003. After serving as PM, he was sentenced to serve a prison term over convictions for accepting bribes and for obstruction of justice during his terms as mayor of Jerusalem and as trade minister. Early life Olmert was born near Binyamina in the British Mandate of Palestine. According to Olmert, his parents, Bella (Wagman) and Mordechai Olmert, escaped "persecution in Ukraine and Russia, and found sanctuary in Harbin, China. They emigrated to Israel to fulfill their dream of building a Jewish and democratic state living in peace in the land of our ancestors." His father later became a member of the Knesset for Her ...
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Holyland Case
The Holyland Case, named for the Holyland Park building complex in Jerusalem, was a high-profile corruption case in which top Israeli officials were charged with bribery and money laundering, among them former Israel Prime Minister Ehud Olmert and former Mayor of Jerusalem Uri Lupolianski. Of the 13 defendants, three were acquitted and ten, including Olmert, were found guilty. Holyland Park building complex Holyland Towers is a complex of luxury apartment buildings in Jerusalem, along Highway 50, South of the old city. The developer is Hillel Cherny (alt.: Hillel Cherney, Hillel Charney). Before construction began in 1995, it was the site of Holyland Hotel (''Eretz Hatzvi Hotel'') and the open air Holyland Model of Jerusalem, now located on the grounds of the Israel Museum. When the old hotel was torn down, an archeological survey revealed a Bronze Age burial ground. The initial plan was to replace the existing hotel with a larger one. This plan was later abandoned in favor o ...
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Shari Arison
Shari may refer to: * In South Asia, women's clothing also known as sari or saree * In Buddhism, bead-shaped objects among the cremated ashes of Buddhist spiritual masters, also known as Śarīra Japanese culture * Shari, deadwood on the main trunk of a bonsai tree * Flavored rice used in making sushi Places * Mount Shari, a quaternary stratovolcano * Shari, Hokkaido, Japan * Shari District, Hokkaido, Japan * Shari River, a 949-kilometer-long river of central Africa * Shari Mari, Anaqcheh Rural District, Ahvaz County, Khuzestan Province, Iran People Given name * Shari (actress), Indian film actress in Malayalam and Tamil films * Shari Addison (born 1962), American gospel musician and artist * Shari Arison (born 1957), American-born Israeli businesswoman and philanthropist * Shari Belafonte (born 1954), American actress, model, writer and singer * Shari Cantor (born 1959), American politician * Shari Decter Hirst, Canadian politician * Shari Elliker, American radio per ...
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Stanley Fischer
Stanley Fischer ( he, סטנלי פישר; born October 15, 1943) is an Israeli American economist who served as the 20th Vice Chair of the Federal Reserve from 2014 to 2017. Fisher previously served as the 8th governor of the Bank of Israel from 2005 to 2013. Born in Northern Rhodesia (now Zambia), he holds dual citizenship in Israel and the United States.Stanley Fischer firms as top choice to become US Fed vice
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Supreme Court (Israel)
ar, المحكمة العليا , image = Emblem of Israel dark blue full.svg , imagesize = 100px , caption = Emblem of Israel , motto = , established = , location = Givat Ram, Jerusalem , coordinates = , type = Presidential appointment upon nomination by the Judicial Selection Committee , authority = Basic Laws of Israel , appeals = , terms = , positions = 15 , website = https://supreme.court.gov.il , chiefjudgetitle = President , chiefjudgename = Esther Hayut , termstart = 26 October 2017 , termend = 16 October 2023 , termend2 = 16 October 2023 , chiefjudgetitle2= Deputy President , chiefjudgename2 = Uzi Vogelman , termstart2 = 9 May 2022 , termend3 = 16 October 2023 , termend4 = 6 October 2024 The Supreme Court (, ''Beit HaMishpat HaElyon''; ar, المحكمة العليا) is the highest court in Israel. It has ultimate appellate ...
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Ted Arison
Ted Arison ( he, תד אריסון; 24 February 1924 – 1 October 1999) was an Israeli businessman who co-founded Norwegian Cruise Lines in 1966 with Knut Kloster and soon left to form Carnival Cruise Lines in 1972. Early years Arison was born Theodore Arisohn on 24 February 1924 in Tel Aviv (in the then British Mandate of Palestine) to Meir, a wealthy businessman, and Vera Arisohn. He was a third-generation sabra of Romanian descent and studied commerce and economics at the American University of Beirut. During World War II, he enlisted in the Jewish Brigade of the British Army and fought in Italy. After the British departure, he served as an officer in the Israel Defense Forces during the 1948 Arab–Israeli War, eventually achieving the rank of Lieutenant Colonel. From 1946 to 1951, he managed M. Dizengoff & Co., a shipping company. Career Frustrated by the lack of business opportunities, Arison wrapped up his business and moved to the United States after 1952. ...
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Maariv (newspaper)
''Maariv'' () is a Hebrew language, Hebrew-language daily newspaper published in Israel. From Sunday to Thursday, it is printed under the ''Ma'ariv Hashavu'a'' () brand, while the weekend edition that is out on Friday is called ''Ma'ariv SofHashavu'a'' (). A daily, abridged version of the newspaper, called ''Ma'ariv Haboker'' (), is distributed for free every morning during the week. ''Ma'ariv Haboker'' is the fourth Israeli newspaper in readership (after ''Israel Hayom, Israel HaYom'', ''Yedioth Ahronoth'' and ''Haaretz''). Since May 2014, ''Maariv''s co-editors in chief are Doron Cohen and Golan Bar-Yosef. Apart from the daily newspaper and its supplements, ''Maariv'' has a chain of local newspapers with a national scale distribution and magazines division. History ''Maariv'' was founded in 1948 by former ''Yediot Aharonot'' journalists led by Dr. Ezriel Carlebach, who became Maariv's first editor-in-chief. It was the most widely read newspaper in Israel in its first twen ...
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