Transport & infrastructure

The new cameras, which will measure the average speed between two points on a section of road, are scheduled to become operational in the third quarter of 2026.

Electra will be responsible for detailed planning, construction, implementation of technological systems, operation and maintenance of the project for 20 years.

The German shipping giant is apparently not the only company to have expressed interest. ZIM's workers are fiercely opposed to a sale.

Jozsef Varadi made the commitment in a meeting with Minister of Transport Miri Regev, although not all issues have been settled, and the Histadrut threatens disruption.

Israeli startup AIR’s eVTOL aircraft could revolutionize private aviation, and has already received groundbreaking approval from the US authorities.

The board has apparently decided not to proceed with a buyout offer from its CEO Eli Glickman and Rami Ungar.

The airline has found that flights between Israel and Europe will not be sufficient to justify the move.

Amit Lang spoke at the Israel Business Conference about the potential of water to change the "geopolitical fabric."

ZIM chairperson Yair Seroussi: All the shipping companies are traded at a discount, but we are certainly aware of the issue of the company’s value.

Despite concern in the west about awarding strategic infrastructure deals to Chinese companies, the private sector in Israel provides a “back door” for them.

Adv. Ophir Naor, who represents the group: We shall remind anyone who has forgotten that the company has owners.

There will be an increase in purchase tax on electric vehicles, and the tax break on low pollution vehicles will be reduced.

NTA has published the pre-qualification tender for companies to enter a pool of contractors for Israel's largest ever infrastructure project.

If no alternative budgetary source is found, the demise of the travel tax could mean the end of tax breaks on purchasing electric vehicles.

Minister of Transport Miri Regev opposes the reform, which is included in the Economic Arrangements Bill.

Experts warn that without a change in the approach to planning, the transport situation in Israel will only worsen.

Tesla Israel country manager Itay Raved has written to Minister of Transport Miri Regev in efforts to prevent another tax hike on electric vehicles in 2026.

The funds from the offering, led by More Investment, will be used primarily for investments and development of activities in the energy.

The Israeli company is transforming existing optical fiber into the world’s most advanced infrastructure monitoring platform.

Infrastructure projects in Israel are heavily reliant on European companies, which will find it difficult to bid in new tenders.

So far, Minister of Transport Miri Regev has only set up a committee to examine the matter, as the taxi drivers accuse her of pandering to haredi interests.

After two years of service, the Red Line has reduced travel times but its potential won't be fully realized until the two other lines are opened.

The Israeli smart public transport and mobility solutions company plans to issue shares at a price between $40 and $44.

Sources tell "Globes" that WSP, which is supporting the Metro project, is bowing to anti-Israel political pressure, raising concerns about the participation of international giants in Israeli projects.

The central section of the Red line was closed in May so that it could be connected to the Green Line, which opens next year.

Itzik Weitz became CEO of Carasso Motors amid disputes in the controlling Carasso family. It has been worth NIS 284 million.

In the second quarter, net profit plunged 94% to just $24 million, or earnings per share of $0.19, way below the analysts' expectations of $1.30.

Following last week's incident when a freight train tore electrical cables, Israel Railways is now closing Tel Aviv Hashalom station for a week for safety work.

Minister of Finance Bezalel Smotrich has signed regulations for the special betterment levy applicable to properties enhanced in value by proximity to planned Metro stations.

The Israeli public transport and mobility solutions company saw increased revenue and narrower loss in 2024.