BREAKING NEWS

Africa-Israel warns of collapse if debt-restructuring not finalized soon

Africa Israel warns it w

By JPOST.COM STAFF

NOVEMBER 23, 2009 09:20

Africa-Israel Investments has issued an official warning that the real-estate company will collapse if a debt-restructuring is not finalized immediately. Stock market sources were estimating Monday that the aim of the warning was to put pressure on investors to agree to push off loan repayments amounting to some half-a-billion shekels. The court is soon expected to come to a decision whether to summon diamond mogul Lev Leviev, Africa-Israel's controlling shareholder, and ask him to explain why he cannot pay back the company's debts on time.

Israel strikes weapon and missile depots in Syria

By MAARIV

12/16/2024 12:27 AM

Russia says it evacuates some diplomats out of Syria

By REUTERS

12/16/2024 12:22 AM

Met Police ask for help identifying man who performed Hitler salute

By JERUSALEM POST STAFF

12/15/2024 11:47 PM

US tells UK it will back 'accountable' and 'representative' Syrian government

By REUTERS

12/15/2024 10:06 PM