Tel Aviv Stock Exchange says London Leads in International Investment In TASE-Listed Companies.Business Editors LONDON--(BUSINESS WIRE)--June 7, 2001 Increase in International Investment to be Sustained Long Term The Tel Aviv Stock Exchange Tel Aviv Stock Exchange Israel's only stock exchange. and a panel of distinguished speakers, which include the Governor of the Bank of Israel The Bank of Israel (Hebrew: בנק ישראל) is the central bank of Israel. The Bank of Israel is located in Jerusalem, with a branch office in Tel Aviv. , will highlight next week London's leading role as an international investment centre for the TASE TASE Tel Aviv Stock Exchange TASE The All Seeing Eye TASE Tactical Air Support Element TASE Thrust Assessment Support Environment TASE Telecontrol Application Service Elements (IEC communications protocol) , at a conference to be held in the City of London on June 12, 2001. The UK has clearly taken the lead as the decision-making centre for international investment into Israel. "Time zone is a decisive factor Noun 1. decisive factor - a point or fact or remark that settles something conclusively clincher causal factor, determinant, determining factor, determinative, determiner - a determining or causal element or factor; "education is an important determinant of , as is the quality of infrastructure and professional expertise," said Professor Yair Orgler, Chairman of the Tel-Aviv Stock Exchange. "The US remains important to us not least because of NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on , but substantial investment inflows come from London." "London has been a key player over the last decade, which has seen the proportion of international ownership of Tel-Aviv Stock Exchange listed companies rise, from 3% in 1993 to 11% today. Notwithstanding current issues surrounding technology stocks, in which Israel is globally competitive, and the current political situation, we expect this long term trend to be sustained." The conference will open discussions on the opportunities facing the TASE as an investment target. It will also provide London-based investors with direct access to .Israel's leading corporations. The event will be open to buy and sell-side analysts, institutional investors and selected media. For further details or registration, contact Cubitt Consulting below. Notes to editors Israel Opportunity 2001 will be held at Grocers' Hall, London EC2 from 09:00 to 14:00 on Tuesday, 12 June 2001. Board level delegates from Israeli companies and government delegates will include the following: Dr David Klein - Governor of the Bank of Israel Carmel Vernia - Chief Scientist at the Ministry of Trade and Industry, Israel Bank Hapoalim - Israel's largest bank Bezeq - the Israeli Telecommunications Corporation ICL (International Computers Ltd., London) The former name of Fujitsu Services, the European-centered arm of the global Fujitsu Group and one of the leading IT services companies in Europe, the Middle East and Africa. - Israel Chemicals Migdal Insurance Ofek Leumi Financial Instruments - TA-25 Index Tracker Teva Pharmaceutical Industries Teva Pharmaceutical Industries Ltd. (Hebrew: טבע תעשיות פרמצבטיות בע"מ), NASDAQ: TEVA is an international pharmaceutical company headquartered in Tower Semiconductor |
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