Israeli Executive Calls on Arab Business Leaders to List on the Tel Aviv Stock Exchange

No Arab-owned companies are currently listed on Israel’s only stock exchange

Speaking at Calcalist’s Arab business conference in Nazareth on Monday, Tel Aviv Stock Exchange CEO Ittai Ben-Zeev called on Arab business leaders in Israel to list their companies on the exchange.

 

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“It is time for Arab business leaders to enter the main gate to the Israeli economy,” Mr. Ben Zeev said. “I have no doubt that the right company will do a service to the Arab population and the entire Israeli economy.”

TASE CEO Ittai Ben-Zeev. Photo: Amit Shaal

 

While Arabs make up 20% of the overall Israeli population, no Arab-owned companies are currently listed on the TASE, Israel’s only stock exchange. “That says it all,” Mr. Ben-Zeev said.

 

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Successful Arab-owned businesses operating in Israel, including many family-run businesses, could benefit from going public, he added.