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.Successful Arab-owned businesses operating in Israel, including many family-run businesses, could benefit from going public, he added.
For daily updates, subscribe to our newsletter by clicking here.“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.