Israel and Jordan sign water for energy deal

Karine Elharrar Photo: GPO Kobi Amsalem
Karine Elharrar Photo: GPO Kobi Amsalem

Jordan will export to Israel 600 megawatt of 'green' electricity and Israel will consider exporting up to 200 million cubic meters of desalinated water to Jordan.

Israel and Jordan have signed a water for solar energy exchange deal in Dubai. The letter of intent was signed today by Israel's Minister of National Infrastructures, Energy and Water Resources Karine Elharrar, Jordanian Minister of Water and Irrigation Mohammed Al-Najjar and the UAE's Minister of Climate Change and Environment Mariam bint Mohammed Saeed Hared Almheiri, in the presence of US Special Presidential Envoy for Climate John Kerry.

Under the terms of the agreement, Jordan will export to Israel 600 megawatt of 'green' electricity from solar storage and Israel will consider exporting up to 200 million cubic meters of desalinated water to Jordan.

Published by Globes, Israel business news - en.globes.co.il - on November 22, 2021.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2021.

Karine Elharrar Photo: GPO Kobi Amsalem
Karine Elharrar Photo: GPO Kobi Amsalem
Yadin Antebi  credit: Jonathan Bloom Hapoalim posts record annual profit, sets targets

Bank Hapoalim expects to post a profit of NIS 8.5-9.5 billion in each of the years 2025 and 2026, but expresses concern about the real estate sector.

Venture capital credit: Shutterstock Andreessen Horowitz boosting Israel VC investments

According to the IVC-Gornitzky-KPMG-Israel Innovation Authority investors report for 2024, the US venture capital fund has become one of the most active foreign investors in Israel.

Wiz Sarona offices inset Assaf Rappaport credit: Wiz Omer Hacohen Wiz leases five floors in renovated Sarona building

Exclusive: The Israeli cloud security company is leasing 5,500 square meters of space in a preserved Tel Aviv Templar building.

Tel Aviv Midtown - inset Ilya Sutskever credit: Shutterstock SSI Israel hires first senior researchers

Exclusive: "Globes" names some of the senior researchers hired in Tel Aviv by Ilya Sutskever's Safe Super Intelligence.

Raising dollars credit: Shutterstock Israeli startups raised over $550m in February

Israeli startups have raised $1.25 billion in the first two months of 2025, up from $800 million in the corresponding period of 2024.

Ashdod's South Port  credit: Wikipedia New regulation for Israel's ports underway

The reform, though not perfect and still liable to met with opposition, is vital to efficient handling of Israel's trade.

BIG Glilot opening weekend credit: BIG 150,000 jam into BIG Glilot over first weekend

Israel's newly opened and biggest shopping center recorded huge sales on Friday and Saturday, despite traffic congestion at the car park entrance.

Israeli apartments Credit: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel in Jerusalem, Ma'aleh Adumim, Hod Hasharon, Zikron Yaakov, Kiryat Bialik, and Beersheva.

Nochi Dankner  credit: Tamar Matsafi Court orders seizure of Nochi Dankner assets worth NIS 50m

The order follows the cancelation of the settlement of the class action brought by IDB shareholders against Dankner and his partner Itay Strum..

Microsoft campus in Herzliya  credit; Eyal Izhar Microsoft: Exempt Israel from AI-chip export restrictions

Israel is among countries mentioned in a blog post by Microsoft vice chair and president Brad Smith criticizing the restrictions.

Paz gas station credit: Tali Bogdanovsky Gasoline prices in Israel to fall Saturday night

The maximum price of government price controlled 95 octane gasoline at self-service pumps in Israel will fall on Saturday at midnight March 2, 2025, by NIS 0.08 per liter to NIS 7.23 per liter.

Tel Aviv credit: Shutterstock Tel Aviv master plan sees 600,000 residents by 2035

The Tel Aviv District Planning and Building Committee has approved for deposit the TA/5500 master plan for Tel Aviv-Yafo.

Mizrahi Tefahot Bank  credit: Eyal Izhar Mizrahi Tefahot to pay huge dividend on record 2024 profit

The bank reported net profit of NIS 5.5 billion last year, up 11% from NIS 4.9 billion in 2023.

Sheba, Tel Hashomer Hospital Photo: Tamar Matsafi Israel's Sheba climbs in "Newsweek" world hospital top ten

Last year "Newsweek" ranked Sheba Medical Center in ninth place and previously it was in tenth place.

Cyberattack  credit: Shutterstock Israel second most targeted country for cyberattacks

The report by Radware found that Israel suffered 1,550 cyberattacks in 2024, second only to Ukraine which suffered 2,052 attacks.

BIG Fashion Glilot credit: Dror Marmor Israel's biggest mall opens Thursday

BIG Fashion Glilot strip mall is in Ramat Hasharon's new office park, adjacent to Cinema City Glilot.

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018