The regulations are intended to ease the application of Israeli corporate law to companies that trade on foreign stock exchanges, mainly in the United States, in a way that will allow them to operate under similar regulatory conditions to their competitors in those markets.
TASE firms distributed dividends in the amount of 27.2 billion Shekels (USD 7.4 billion) in 2023, compared to 28.6 billion Shekels (USD 7.8 billion) distributed in the record setting year 2022.
A large number of antigovernment protestors opposed to the judicial reforms planned by the government stormed into the Tel Aviv Stock Exchange building and “occupied” the floor of the exchange. This. However, came before the TASE was scheduled to open trading.
The collaboration between the TASE and the Finance Ministry's Office of the Accountant General "marks a significant milestone in revolutionizing the settlement and issuance processes in traditional capital markets," the TASE said.
Tel Aviv [Israel], July 15 (ANI): The United Arab Emirates on Wednesday became the first Gulf nation to open an embassy in Israel, nearly a year after both countries signed an agreement to normalise diplomatic ties.