Ampal-American Israel Corp. Value Stock - Dividend - Research Selection
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Description of the company
The Ampal-American Israel Corporation (Ampal) mainly acquires interests in companies located in or affiliated with Israel. It operates in five segments: Chemical, Energy, Real Estate, Leisure and Finance. The Chemicals segment consists of the investment in Gadot Chemical Tankers and Terminals Ltd. (Gadot), which is active in the distribution and marketing of liquid chemicals for raw materials in the chemical industry. The energy segment consists of participation in the East Mediterranean Gas Company, S.A.E. (EMG), an Egyptian corporation that has the right to supply natural gas to Israel via a pipeline from Egypt to Israel, and Global Wind Energy Ltd. (GWE). The Real Estate Rental segment comprises rental properties leased in Israel and the US and leased to independent parties. The leisure segment consists of Country Club Kfar Saba Ltd. The financial segment includes all other activities that do not belong to the above segments.