Transport & infrastructure

Derech Eretz will build an extra lane in each direction between Kassem Interchange and Ein Tut Interchange and a new interchange at Bet Nechemia.

A presentation to investors in India outlines plans to take loans of  NIS 3 billion and build hotels and stores on Haifa Port seafront.

Passengers loading their Rav-Kav cards will no longer receive a 20% discount, as part of the public transport fare reform.

Almost all the EVs have been delivered from China with Tesla and Geely being the best-selling brands, as annual sales exceed 10,000 for the first time.

The first section of the Fast Lanes project will be opened between the Hashalom Interchange southbound to the Wolfson Interchange in Holon.

Since merging with SPACs, several autotech companies have seen their valuations plunge, and one, Otonomo, could be in danger of being delisted.

The new, Chinese-managed Haifa Bayport will be a strong rival, but Haifa Port has its advantages.

Blitz Technologies is strengthening its presence in South Africa with a deal worth an estimated overall NIS 14 million.

In September, the first of two stages in the closure of Allenby Street in Tel Aviv will be implemented so work can start on the light rail Purple Line.

The real estate company is seeking either higher rents and management fees, or vacating the land so it can be rezoned.

The decision follows residents complaints that the robots run by Yandex unit Yango Deli were blocking sidewalks.

The fall in new car deliveries in Israel is attributed to global supply chain problems rather than a dampening in demand for new cars.

Work on the plan to save 1 million car trips per day will begin in the coming weeks by converting a lane from Sha'ar Hagai to Tel Aviv into a bus lane.

Political wrangling hasn't entirely stopped the project, vital for Israel's economy, but it raises fears for future progress.

The new line has come under criticism because stations will be built in outlying areas and will not serve Arab towns.

The system will charge Metronit’s 50 electric articulated buses.

The Jerusalem Magistrate Court has approved a payment of NIS 16,000 to Maya Melitz, after a guard ordered her to change carriages because men wanted to say their morning prayers.

The Israeli shipping company's share price fell sharply last week after the OECD revised downwards its forecast for global growth in 2022.

Electric vehicles have captured 5.2% of sales of new cars, up 1.2% from last year, and could reach more than 8% by the end of the year.

1,300 transport infrastructure works projects are underway, so that the city that never stops can keep moving in decades to come.

Each of the Israeli bus company's 1,315 shareholders will receive NIS 2.1 million, before tax.

The Israeli freight booking and payment platform will trade on Nasdaq after merging with Gesher 1 Acquisition Corp.

Chinese company CREC and Russia's JSC Transmashholding have withdrawn from their respective consortia after pre-qualification.

Under current Ministry of Finance proposals, the tax will average NIS 3,000-4,000 annually.

The inter-ministerial committee has approved the M1 line southern section and the M3 line.

CEO Eli Glickman: Since our flotation just a year and four months ago we have distributed dividends that are fifteen times the amount we raised.

Co-founder and CEO Amos Haggiag: It wasn't easy to get the valuation we wanted.

The NIS 6.5 million project in Rosh Ha'ayin will enable public transport company Electra Afikim to charge 30 buses 24 hours a day.

Agassi is executive chairperson of LiDAR developer Makalu Optics of Rehovot.

The number of buses on the Cross-Israel Highway hardly justifies an extra lane, so cars with three people have been added. It is just an excuse to continue investing in the car.