Ampal-American Israel Corp. has made $5,840,964 worth of new loans and investments in Israel from February through July, 1965, according to a statement made today by Abraham Dickenstein, president of the company.’ This brings Ampal’s total investments and loans in Israel to more than $30,000,000 as of July 31, he said.
According to the report, Ampal has completed arrangements for payment of $1,000,000 out of a $2,500,000 loan to the Tel Aviv municipality. It has also approved a loan of $1,000,000 to Hamashbir Latzarchan, Israel’s leading department store chain, and of a $470,000 loan to Yonah Fishing and Industries, Ltd., for the construction of a fishing vessel in Holland to be named “Yam Suf” (Red Sea).
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
