[ad_1] The primary week of combating within the bitter conflict in Israel’s south is nearly over, with the monetary markets attempting to gauge the harm that the Israeli financial system will maintain. Clearly, we’re speaking a few very vital occasion, however the fog of conflict makes it exhausting to estimate its full penalties. The principle index on the Tel Aviv Inventory Change, the Tel Aviv 35, fell 6.4% over the week. Prof. Leo Leiderman, chief financial adviser at Financial institution Hapoalim and a professor of economics at Tel Aviv College, units out for “Globes” his proposals for rehabilitating the…
Author: Hezi Sternlicht
[ad_1] The indicators are multiplying of a slowdown within the Israeli workplace market. Speaking to “Globes”, Shimon Abudraham, CEO of Amot Investments (TASE: AMOT), one among Israel’s largest revenue producing actual property corporations, expresses rising concern in regards to the scenario of tenants out there. However, he says, the corporate he heads, which holds quite a lot of sorts of asset, arrives on the impending disaster in the actual property market robust and suitably ready. “So far as tenants are involved, the market is in a really robust scenario,” Abudraham says, including, “Thankfully for us, as a big {and…
[ad_1] After firing 118 workers and shutting down its manufacturing unit in Yeruham, Emilia Cosmetics mother or father firm Emilia Improvement (OFG) Ltd. (TASE: EMDV), managed by Oded Feller, reviews that it has bought the land and constructing for a revenue of NIS 35 million. Till final 12 months Emilia Cosmetics (previously Careline) manufactured cosmetics, cleaning soap and different toiletry merchandise. Sources inform “Globes’ that the client was Padagis Israel, which produces prescription drugs and healthcare merchandise. The deal has a symbolic dimension, as a result of Padagis, when it was owned by Perrigo, bought the manufacturing unit to…
[ad_1] The falls on world inventory markets earlier this yr led to a sobering up on the a part of buyers concerning the values of many know-how firms. The Nasdaq was down over 30% in June, however since then the pattern has modified, and it’s now simply 17% beneath the place it was at the start of the yr. For all of the turbulence, the enterprise of Good Methods (Nasdaq: NICE; TASE: NICE), headed for the previous eight years by Barak Eilam, has been steady. Good Methods is a veteran Israeli know-how firm that develops techniques for prevention of…
[ad_1] Throughout a rocky interval on the capital markets, JTLV, headed by Amir Biram, Shlomo Gutman and Ariel Rotter, has succeeded in elevating a NIS 2.1 billion for its third actual property fund, “Globes” has discovered. The capital elevating, wherein a few of Israel’s largest monetary establishments participated, alongside non-public buyers, happened over lower than six months. Along with debt, the JTLV3 fund will be capable of purchase belongings to the tune of almost 3 times the capital raised, that’s, over NIS 6 billion, in keeping with data provided to the assorted establishments. Among the many buyers within the…
[ad_1] Israeli resort chain operator Fattal Holdings (1998) Ltd. (TASE: FTAL) has reported that it has raised €315 million from Israeli institutional buyers led by Harel Insurance coverage Investments and Monetary Providers (TASE: HARL) and Menorah Mivtachim Group (TASE: MMHD) with a purpose to develop its resort portfolio in Europe. The quantity raised may improve to €400 million if Leumi Companions and different buyers be a part of the deal. RELATED ARTICLES Fattal posts 12 months of restoration Fattal intends shopping for 30 accommodations and…