Africa Israel Investments, Ltd.(TASE:AFIL) dropped from S&P Global BMI Index

Africa Israel Investments Ltd. (Africa Industries) is an investment company operating in various areas of activities, primarily in real estate development and its synergetic areas, in several main geographic regions, including Eastern and Central Europe, Russia (the Commonwealth of Independent States (CIS)) and Israel. The Company operates in eight segments: Real estate development in Israel, Rental properties in Israel, Real estate development and rental properties in Europe, Real estate development and rental properties in the CIS, Construction contracting, Infrastructure contracting, Steel and Home design. It focuses on the development of projects designated for residential, office and commercial uses. It is engaged in the development, construction (including by improvement and/or appreciation), rental and operation of buildings, mainly zoned for industrial, office and commercial use in Israel.