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Israel Corporation
Israel Corporation ( he, החברה לישראל) (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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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), i ... [...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 securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding 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'' also refers to the term as ''parent holding company.'' 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 to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Israel
The economy of Israel is a developed free-market economy. The prosperity of Israel's advanced economy allows the country to have a sophisticated welfare state, a powerful modern military said to possess a nuclear-weapons capability, modern infrastructure rivaling many Western countries, and a high-technology sector competitively on par with Silicon Valley. Israel ranks 35th on the World Bank's ease of doing business index. It has the second-largest number of startup companies in the world after the United States, and the third-largest number of NASDAQ-listed companies after the U.S. and China. American companies such as Intel, Microsoft, and Apple built their first overseas research and development facilities in Israel. Other high-tech multi-national corporations, such as IBM, Google, Hewlett-Packard, Cisco Systems, Facebook and Motorola have opened R&D centers in the country. The country's major economic sectors are high-technology and industrial manufacturing. The Israeli ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Shakshuka System
''The Shakshuka System'' ( he, שיטת השקשוקה) 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 produ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Documentary Film
A documentary film or documentary is a non-fictional film, motion-picture intended to "document reality, primarily for the purposes of instruction, education or maintaining a Recorded history, historical record". 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". Early documentary films, originally called "actuality films", lasted one minute or less. Over time, documentaries have evolved to become longer in length, and to include more categories. Some examples are Educational film, educational, observational and docufiction. Documentaries are very Informational listening, informative, and are often used within schools as a resource to teach various principles. Documentary filmmakers have a responsibility to be truthful to their vision of the world without intentionally misrepresenting a topic. Social media platfor ... [...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 ( he, בנק לאומי, lit. ''National Bank''; ar, بنك لئومي) 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 (Jüdische Kolonialbank) Limited formed before in London by members of the 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 (as of June 2006). The other major shareholders are Shlomo Eliyahu and Branea Invest, 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 t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Israeli Labor Party
The Israeli Labor Party ( he, מִפְלֶגֶת הָעֲבוֹדָה הַיִּשְׂרְאֵלִית, ), commonly known as HaAvoda ( he, הָעֲבוֹדָה, , The Labor), is a social democratic and Zionist political party in Israel. The party was established in 1968 by a merger of Mapai, Ahdut HaAvoda, and Rafi. Until 1977, all Israeli Prime Ministers were affiliated with the Labor movement. The current party leader is Merav Michaeli, who was elected in January 2021. The Labor Party is associated with supporting the Israeli–Palestinian peace process, pragmatic foreign affairs policies and social-democratic economic policies. The party is a member of the Progressive Alliance and is an observer member of the Party of European Socialists. The party was also a member of the Socialist International until May 2020. History Dominant political party 1968–1977 The foundations for the formation of the Israeli Labor Party were laid shortly before the 1965 Knesset elections ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pinchas Sapir
Pinchas Sapir ( he, פנחס ספיר, 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. 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 Pinhas 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. Political career At the time he served in government, the yo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shaul Eisenberg
Shaul Nehemia Eisenberg ( he, שאול אייזנברג; 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tel Aviv Stock Exchange
The Tel Aviv Stock Exchange (TASE; ; colloquially known as The Bursa, ) is Israel's only public stock exchange and a public company that has been traded on the Tel-Aviv Stock Exchange since August 1, 2019. Legally, the exchange is regulated by the ''Securities Law (1968)'', and is under the direct supervision of the Israel Securities Authority (ISA). TASE plays a major role in the Israeli economy, and the 23 TASE members are major banks and investment houses. Trading on TASE is conducted solely through the TASE members that collect a fee for the services they provide. TASE serves to trade securities and to raise capital and debt for companies and the government on the Israeli capital market. History and milestones The Tel Aviv Stock Exchange was established in 1953. Even prior to this, commencing in 1935, securities trading was carried out in the Land of Israel and, afterwards, in the State of Israel at the mandate-period Anglo-Palestine Bank (today, Bank Leumi). The trade ... [...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 The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territori ... 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 Ind ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
