Tuesday 14 November 2023

Israel Corporation - 9 11

Israel Corporation  is Israel's largest holding company. It was founded in 1968 by the Government of Israel.

Anonymous has left a new comment on your post 'The Balfour Agreement expired ?':

Why is there a reference to LEASE? 

The word is CORPORATION. 

Israel Corporation is Israel's largest holding company / parent company. 

It was founded in 1968 by the Government of the State of Israel. 

50% of its manufacturing activities and 70% of its consolidated revenues derive from global operations. 

Its core holdings are fertilizers and specialty chemicals, energy, shipping and transportation. 

Israel Corp is a constituent of the TA-35 Index of leading shares of the Tel Aviv Stock Exchange. 

Two of its major holdings, Israel Chemicals and Oil Refineries Ltd are also constituents of the TA-35 Index. 


The Israel Corp was founded by the government of Israel in 1968, together with Shaul Eisenberg, who was one of the first strategic foreign investors in Israeli history, under the initiative of then Minister of Finance, Pinchas Sapir of the Israeli Labor Party, who changed the Encouragement of Capital Investments Law to attract foreign investment. 

The change ensured that the company's owners were exempt from taxes for 30 years and received other benefits. 

In 1975, the director general of Israel Corp, Michael Tzur, was sentenced to 15 years in prison after he was convicted on 18 counts of embezzlement, theft, fraud and bribery. 

He was released from prison in 1981.

Shares of the company were offered to the public in 1969, 1970, 1974 and 1982, and the company was listed on the Tel Aviv Stock Exchange in 1982. After Eisenberg's death in 1998, the family sold control of the company to the Ofer family.

In 2007, 55% of the equity of the company was held by the Ofer Brothers Group, 18% by Bank Leumi and the remainder by the public. 

Major holdings

Israel Corp's major holdings are Israel Chemicals, Oil Refineries Ltd, Tower Semiconductor, Kenon Holdings and Zim Integrated Shipping Services. " 

NOTE WELL ZIM - re: 9/11 they moved just before.

FYI Israel Corp (IC) Chairman of the Board of Directors was Baron Edmund de Rothschild. 

ZIM was & still is a major asset. 

On 9/11 Zim moved 4 September to new offices out of WTC. Zim American-Israeli Shipping (“Zim”) was the predecessor company of the present Zim Integrated Shipping Services and was 49 percent owned by the Israeli government on 9/11. 

In 2004, the Israeli government sold their interest to the Israeli Ofer Brothers Group, which then became the sole owner of the company.[1] 

On 9/11, Zim’s headquarters’ was in Haifa, Israel, and it had worldwide regional offices in Hong Kong, Hamburg, Germany, and Manhattan, New York/Norfolk, Virginia.[2]

At the time of the 9/11 attacks Zim was one of two Israeli companies with lease contracts at the WTC.

The other Israeli tenant, Clear Forest, had a small office of 18 employees on the 47th floor of WTC 1 (the North Tower). According to the Jerusalem Post, Clear Forest had only four or five employees at the WTC on 9/11 and all escaped uninjured.[3]

Although there were some variances in the WTC 1 tenant rosters between various media organizations, the majority showed that Zim occupied all of the 16th floor (WTC floor space approximated 50,000 square feet), 10,000 square feet of the 17th floor, and some space of the 29th floor of WTC 1.[4] Zim had about 250 employees at the WTC before its move-out, which would require somewhere in the vicinity of 50,000 to 60,000 square feet of office space.[5]

Amazingly fortunate for Zim, the company moved out of the WTC around Sept. 4, 2001 and into a newly built office building in Norfolk, Va., even though they had a significant remaining lease obligation at the WTC.[6]

In fact, Zim picked this lucky move-out date about six months before they actually moved. An April 3, 2001 article in the Virginian-Pilot stated, “Zim expects to open the new (Norfolk) building by Sept. 4 and will eventually employ 235 people.”[7]

Coincidently, pilot hijackers Mohammed Atta and Marwan Shehhi were inexplicably in the Norfolk/Virginia Beach area in February and April 2001 at the time Zim was apparently in the search and planning process for their Norfolk building.[8]

Although Zim is reported to have had about 10 of its purported 20 remaining employees at the WTC on 9/11, none were killed or injured.[9] However, other media reports stated that Zim had 35 sales and marketing people and additional computer personnel remaining at the WTC on 9/11, indicating Zim had a small percentage of its remaining staff at the WTC on 9/11.[10] etc This is all open access.

and https://www.jta.org/archive/report-on-the-israel-corporation


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