A key problem was the heavy loan burdens of Koor Industries and Clal Finance, which cost them not-small fortunes in interest payments as interest rates climbed.
Africa Israel was hit with a double whammy yesterday.
Engel will invest $400 million in building the centers, and anticipates revenues totaling $850 million.
Africa Israel's drive to increase liquidity isn't stopping with the selloff of Israeli yielding properties.
Billion dollar Delek U.S. deal for oil refinery at a standstill over price.
Have real estate shares bottomed out? Are there toothsome buy opportunities lurking out there in the wilds of the Tel Aviv Stock Exchange?
Arcadi Gaydamak's company Ocif Investment & Development is losing Nahman Tzabar, its CEO, after just a year on the job.