Category: Amir
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Allied Group to pay Amir Shaltiel NIS 200m for Metropolis stake
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Metropolis implements urban renewal projects in central Israel. The value of the deal is estimated at 800 million shekels. The boom in residential construction in Israel, and in urban renewal in particular, has led to an interesting departure. Amir Shaltil, founder and chairman of Eldar Group, which works in the…
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Shufersal’s performance improves under Amir brothers
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The hard work of brothers Yossi and Shlomi Amir since becoming controlling shareholders in the Shufersal (TASE: SAE) retail chain is starting to show results. Israel’s largest supermarket chain posted a 153% jump in net profit in the second quarter, to NIS 169 million. During the quarter, the Amir brothers…
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Amir brothers profiting from Shufersal investment
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The largest retail chain in Israel Shufersal Company Limited (level:Sai) ended the first quarter of 2024 with an improvement in all its key milestones including a 35% jump in net profit to NIS 89 million. At the end of the quarter, the Amir brothers – Yossi and Shlomi – completed…