NY Stock Exchange celebrates Israel Day

By SHARON WROBEL
October 20, 2010 23:53

The Israel Day brought together leading economic figures from Israel and the US in an effort to boost cooperation between the countries.

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Shari Arison, owner of the Arison Group

Shari Arison 311. (photo credit: Shmulik Almani)

Leading economic figures and government representatives from Israel and the US gathered at the New York Stock Exchange on Wednesday to celebrate 25 years of mutual economic cooperation and to promote investment opportunities Israel has to offer.

“Today the Israeli economy and capital markets have reached a level of maturity that makes them attractive to investors from all over the world,” said Shari Arison, the owner of the Arison Group, speaking at the Israel Day at the NYSE on Wednesday. “I believe that every welldiversified portfolio should have exposure to Israel and its capital markets. Israel offers incredible investment opportunities, and I say this as a major investor in the Israeli market through the Arison Group, a business and philanthropic group.”


The Israel Day, which was organized to mark the 25th anniversary of the free trade agreement between Israel and the US, brought together leading economic figures from Israel and the US in an effort to boost cooperation between the countries. Other participants at the event included Industry, Trade and Labor Minister Binyamin Ben- Eliezer; chairman and CEO of Arison Investments, Efrat Peled; chairman of Bank Hapoalim, Yair Seroussi and the bank’s CEO, Zion Kenan; chairman of the America-Israel Friendship League (AIFL) board in Israel, Dan Gillerman; president of the Israel-America Chamber of Commerce, Nechemia Peres; chairperson of the Strauss Group Ofra Strauss and the CEO of the Tel Aviv Stock Exchange, Ester Levanon.

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“I believe that Israel’s economy will continue to grow and be a magnet for foreign investors, based on its tremendous potential and relative advantage,” Arison said.

The event, which was organized in cooperation with the AIFL, honored Arison with its prestigious Partners for Democracy Award in recognition of her contribution and activity to advance economic relations between the United States and Israel. The AIFL also presented awards to Bank Hapoalim and to the US oil giant Noble Energy.


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