Africa Israel Investments Ltd.

Israeli stocks higher ahead of interest-rate call - MarketWatch
MarketWatch | 29 days 15 hours 20 minutes ago
After the market closes, the Bank of Israel will announce rate policy for November.

Africa-Israel to be insolvent without debt agreement
Jerusalem Post, The | 1 day 21 hours 13 minutes ago
Africa-Israel Investments Ltd., the real-estate company that's agreed to a debt restructuring with holders of 12 of its 13 series of bonds, said it'll be insolvent if a full accord on its debt isn't reached.

Africa Israel says Tel Aviv rail project on track
Reuters | 1 day 20 hours 9 minutes ago
JERUSALEM, Nov 23 (Reuters) - The Israeli government has suspended its decision to review and possibly cancel a tender won by the MTS group to build a light rail system in Tel Aviv, group leader Africa Israel Investments Ltd (AFIL01.TA) said on Monday.

Africa Israel in pact on old NY Times building-WSJ
Reuters | 6 days 3 hours 25 minutes ago
NEW YORK, Nov 18 (Reuters) - The U.S. real estate arm of Africa Israel Investments Ltd (AFIL01.TA) has agreed with creditors to restructure its poorly-timed 2007 purchase of the former New York Times headquarters near Times Square, the Wall Street Journal said on Wednesday, citing people familiar with the matter.

Tel Aviv light rail co wants talks, not hearing
Globes (Israel) | 8 days 13 hours 33 minutes ago
Sources inform ''Globes'' that Tel Aviv light rail franchisee Metro Transport Solutions (MTS) has rejected a government request for a hearing on a possible cancellation of the franchise contract. In a letter sent yesterday to the Ministries of Finance and Transport, MTS said that a hearing was unacceptable under the terms of the contract. The consortium added that wanted to renew talks on the financial closing for the project from the point at which they were derailed a few months ago.

Africa Israel posts largest gain in 6 months
Jerusalem Post, The | 29 days 21 hours 17 minutes ago
Africa Israel Investments Ltd. jumped the most in more than six months in Tel Aviv trading after the realestate developer proposed a restructuring of almost NIS 7 billion of debt.

Africa Israel Presents Proposal to Restructure Its Debt, Shares Advance
Bloomberg | 30 days 17 hours 16 minutes ago
Oct. 25 (Bloomberg) -- Africa Israel Investments Ltd. gained the most in almost six months in Tel Aviv trading after the real-estate developer that's negotiating a debt restructuring presented a settlement offer to bondholders.

Africa Israel Proposes $1.9 Billion Restructuring of Debt; Shares Advance
Bloomberg | 30 days 11 hours 15 minutes ago
Oct. 25 (Bloomberg) -- Africa Israel Investments Ltd. jumped the most in more than six months in Tel Aviv trading after the real-estate developer proposed a restructuring of almost 7 billion shekels ($1.89 billion) of debt.

Once a Gem, Leviev's Firm Loses Sparkle
Wall Street Journal, The | 26 days 16 hours ago
TEL AVIV -- In May 2007, Israeli diamond magnate Lev Leviev was on a roll. A subsidiary of his real-estate company Africa Israel Investments Ltd. raised $1.4 billion on the London Stock Exchange. That came just a few days after a U.S. unit paid $525 million for the New York Times building in Manhattan.

Treasury seeks Road 6 exit
Globes (Israel) | 20 days 22 hours 30 minutes ago
Sources inform ''Globes'' that the Ministry of Finance is speeding up negotiations to sell its right to dividends from toll road Road 6 (the Yitzhak Rabin Highway, also known as the Cross-Israel Highway) franchisee

Africa Israel, bondholders reach deal
Jerusalem Post, The | 25 days 23 hours 16 minutes ago
At the end of marathon talks overnight Thursday, Africa Israel Investments Ltd.

Gov't picks Road 6 option sale advisors
Globes (Israel) | 16 days 14 hours 40 minutes ago
The government has taken a step forward in the sale of its option to buy 49% of Road 6 (the Yitzhak Rabin Highway, also known as the Cross-Israel Highway). Sources inform ''Globes'' that BDO Ziv Haft senior partner Shahar Ziv and Pinchas Shmueli, as well as Kuti Gavish CPA have been chosen to advise the Ministry of Finance on the sale process.

Israel stocks up; Africa plan, Delek unit in focus - MarketWatch
MarketWatch | 16 days 16 hours 20 minutes ago
Late in the trading day, the Tel Aviv Stock Exchange's benchmark TA-25 Index advanced 1.70% to 1040.06, while the TA-100 Index /quotes/comstock/!ta100 (XX:TA100 955.17, +6.36, +0.67%) added 1.88% to 973.13.

Israel stocks steady; Africa-Israel, Teva in focus - MarketWatch
MarketWatch | 40 days 13 hours 34 minutes ago
The Tel Aviv Stock Exchange's benchmark TA-25 Index eased 0.05% to 1041.63, while the TA-100 Index /quotes/comstock/!ta100 (XX:TA100 972.78, +12.71, +1.32%) edged 0.02% higher to 972.96.

Israel benchmarks steady; Elbit, Formula report - MarketWatch
MarketWatch | 6 days 15 hours 34 minutes ago
In November through Tuesday, the TA-25 rose nearly 4.5%, gaining in eight of 13 trading sessions. And for the year as a whole through Tuesday, the TA-25 rose more than 63%, having finished 2008 at 654.85.