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| The Tel Aviv Stock Exchange (TASE) is holding its tenth annual London investor conference, which brings top management from leading Israeli companies together with key European investment and asset management firms. This year’s conference takes on special importance, given Israel’s ascendance to the OECD the upgrade of its capital market to “developed market” status by MSCI. Israel’s reclassification to “developed market” status renders it a prime venue for large foreign institutional investors, which focus on developed markets and, until now, did not invest in Israeli companies. The conference is designed to expose these investors to TASE and some of its listed companies and to raise awareness as to the potential investment in Israel. The conference is being held on 1 July 2010 in conjunction with the Israeli Embassy in London. Prof. Stanley Fischer, Governor of the Bank of Israel, will deliver the keynote address, reviewing recent developments in Israel’s economy. Mr. Rony Hizkiyahu, the Supervisor of Banks, will give an overview of Israel’s banking sector, while Ms. Ester Levanon, CEO TASE, will introduce investors to the Israeli capital market and stock exchange. Leading Israeli companies from various industries will present at the conference and 1-on-1 meetings with potential investors will be held. Corporate presenters include: Bank Hapoalim – Yair Serrousi, Chairman of the Board of Directors Bank Leumi – Galia Maor, President&CEO Clal Biotechnology Industries – Ruben Krupik, CEO Delek Energy – Gideon Tadmor, President&CEO Gazit-Globe – Roni Soffer, President Given Imaging – Yuval Yanai, CFO Israel Chemicals – Akiva Mozes, President&CEO Itamar Medical – Dr. Giora Yaron, Co-chairman of the Board of Directors Oil Refineries –Yossi Rosen, Chairman of the Board of Directors Ormat Industries – Yehudit (“Dita”) Bronicki, CEO Strauss Group – Ofra Strauss, Chairperson of the Board of Directors “The annual London investor conference has become a proud tradition for us and an integral part of our drive to deepen international activity”, remarks Ester Levanon, TASE CEO. “TASE is increasingly becoming an attractive venue for foreign investment. We are certain that, following Israel’s recent MSCI upgrade, TASE’s exposure among “developed-market investors” is even more vital this year than in the past. Our dynamic and robust economy offers these investors a value proposition not easily found in other developed markets." |
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