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Migdal Insurance
Migdal Insurance and Financial Holdings Ltd. ( he, מגדל) () is an Israeli insurance company. History Migdal was founded in Jerusalem in 1934. The original group of investors included local Palestinian Jews, families from Egypt and Italy and the Italian insurance company Assicurazioni Generali which held a 50% stake and provided the original financial and professional backing. Generali eventually held 70% of Migdal's shares, and Bank Leumi owns almost 10%. In September 1996, Migdal made its initial public offering on the Tel Aviv Stock Exchange, selling 20% shares stake. In March 2012 Assicurazioni Generali sold Migdal to Shlomo Eliahu. 7 March 2012, Globes See also * |
Jerusalem
Jerusalem (; he, יְרוּשָׁלַיִם ; ar, القُدس ) (combining the Biblical and common usage Arabic names); grc, Ἱερουσαλήμ/Ἰεροσόλυμα, Hierousalḗm/Hierosóluma; hy, Երուսաղեմ, Erusałēm. is a city in Western Asia. Situated on a plateau in the Judaean Mountains between the Mediterranean Sea, Mediterranean and the Dead Sea, it is one of the List of oldest continuously inhabited cities, oldest cities in the world and is considered to be a holy city for the three major Abrahamic religions: Judaism, Christianity, and Islam. Both Israelis and Palestinians claim Jerusalem as their Capital city, capital, as Israel maintains its primary governmental institutions there and the State of Palestine ultimately foresees it as its seat of power. Because of this dispute, Status of Jerusalem, neither claim is widely recognized internationally. Throughout History of Jerusalem, its long history, Jerusalem has been destroyed at least twice, Sie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Palestinian Jew
Palestinian Jews or Jewish Palestinians were the Jewish inhabitants of the Palestine region (known in Hebrew as ''Eretz Yisrael'', ) prior to the establishment of the State of Israel in 1948. The common term used to refer to the Jewish communities of Ottoman Syria during the 19th century and British Palestine prior to the 1948 establishment of the State of Israel is ''Yishuv'' (). A distinction is drawn between the "New Yishuv", which was largely composed of and descended from Jewish immigrants who arrived in the Levant during the First Aliyah (1881–1903), and the " Old Yishuv", which was the pre-existing Jewish community of Palestine prior to the consolidation of Zionism and the First Aliyah. In addition to applying to Jews who lived in Palestine during the British Mandate era, the term "Palestinian Jews" has been applied to the Jewish residents of Southern Syria, corresponding to the southern part of the Syria region under the Ottoman Empire; there are also historical sc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Egypt
Egypt ( ar, مصر , ), officially the Arab Republic of Egypt, is a transcontinental country spanning the northeast corner of Africa and southwest corner of Asia via a land bridge formed by the Sinai Peninsula. It is bordered by the Mediterranean Sea to the north, the Gaza Strip of Palestine and Israel to the northeast, the Red Sea to the east, Sudan to the south, and Libya to the west. The Gulf of Aqaba in the northeast separates Egypt from Jordan and Saudi Arabia. Cairo is the capital and largest city of Egypt, while Alexandria, the second-largest city, is an important industrial and tourist hub at the Mediterranean coast. At approximately 100 million inhabitants, Egypt is the 14th-most populated country in the world. Egypt has one of the longest histories of any country, tracing its heritage along the Nile Delta back to the 6th–4th millennia BCE. Considered a cradle of civilisation, Ancient Egypt saw some of the earliest developments of writing, agriculture, ur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Italy
Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical region. Italy is also considered part of Western Europe, and shares land borders with France, Switzerland, Austria, Slovenia and the enclaved microstates of Vatican City and San Marino. It has a territorial exclave in Switzerland, Campione. Italy covers an area of , with a population of over 60 million. It is the third-most populous member state of the European Union, the sixth-most populous country in Europe, and the tenth-largest country in the continent by land area. Italy's capital and largest city is Rome. Italy was the native place of many civilizations such as the Italic peoples and the Etruscans, while due to its central geographic location in Southern Europe and the Mediterranean, the country has also historically been home ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Assicurazioni Generali
Assicurazioni Generali S.p.A. ( , ; meaning 'general insurances') or simply Generali Group is an Italian insurance company based in Trieste. As of 2019, it is the largest of its kind in Italy and among the top ten largest insurance companies in the world by net premiums and assets. The company was founded on December 26, 1831, as ('Imperial and Royal Privileged Company for General Austrian-Italian Insurances'). At the time, Trieste was the most important seaport of the Austrian Empire. The company grew in importance, becoming one of the largest insurance operators both in Italy and in Central Europe. , the company ranks 57th on the Fortune Global 500 list of companies and 43rd on MITs worldwide "Smartest Companies" ranking in 2015. Generali's major competitors at the international level are AXA, Allianz and Zurich Insurance Group. Operations Generali operates primarily in Europe, the Middle East, and East Asia, with large market shares in Italy, Czech Republic, Poland, ... [...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] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ... [...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] |
Shlomo Eliahu
Shlomo Eliahu ( he, שלמה אליהו, born 18 January 1936) is an Israeli businessman, billionaire, and former politician who served as a member of the Knesset between 1978 and 1981. Biography Born in Baghdad in 1936, Eliahu made aliyah to Israel in 1950 with his parents and eight siblings. After initially being based in a ma'abara at Beit Lid, his family moved to Kiryat Shalom. Shortly after immigrating he started working for Migdal. After being sacked in 1953, he began working for Binyan as an insurance agent. He was exempted from national service in the IDF as he had suffered from polio, and in 1955 started an independent insurance company in the Shapira neighbourhood of Tel Aviv. In 1966 he established the Eliyahu insurance company, which initially dealt only with car insurance, before expanding to other forms of insurance. In 1977 he joined the new Democratic Movement for Change (Dash) party, and won a place on its Knesset list. Although he failed to win a seat in the 1 ... [...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] |
Companies Listed On The Tel Aviv Stock Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insurance Companies Of Israel
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to Hedge (finance), hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
