TRANSPORT & INFRASTRUCTURE

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.

You bought an electric car? Great. But what will it be worth when you sell it? And outside Tel Aviv, where will you charge it?

The function whereby a car parks itself and returns to the driver is available on Tesla and Hyundai EVs sold in Israel.

Under-investment in Israel's infrastructure is costing us not just time and annoyance, but billions in lost GDP.

Outgoing NTA deputy CEO Keren Zohar insists the Tel Aviv light rail Red Line can start operations in November, if bureaucratic obstacles are removed.

The Ministry of Transport insists that the section of the M1 line north of Glilot has not been cancelled but will be approved at a later stage.

The project is part of a national master plan aimed at raising the proportion of journeys made by bicycle to 10%.

The success of closing off Levinsky Street has encouraged Tel Aviv to banish cars from more side streets.

Car manufacturers are passing on higher energy, raw material and shipping costs to the importers.

Transport experts say Petah Tikva and Bat Yam, at the two ends of NTA's first light rail route, will see the greatest impact, but it all depends on suitable urban planning.

The 21 kilometer BRT service involves closing the main streets of Rehovot and Ness Ziona to cars.

In a surprise move, the bus company has rejected the much higher bid from the Carasso-Migdal-Aluma consortium, after it refused to make a 15% down payment.

The winners of the tender for the sale of 50% of the bus company, the size of whose bid astonished the capital market, object to paying 15% by April 25.

100,594 new cars and commercial vehicles were delivered in the first quarter of 2022, down 10% from the corresponding period of 2021.

Israel Railways built three bridges and a tunnel totaling 650 meters, so that trains traveling westwards from Jerusalem could turn onto the Modi'in branch line.

The fares reform of Minister of Transport Merav Michaeli and Minister of Finance Avigdor Liberman includes a major rise in government subsidies.

One of the reasons that the crisis is hitting Israel hard is that the government is not allowing Israel's new ports to open their empty quays to unload any cargoes.

Zim will charter six 5,500 TEU wide beam newly built vessels with a group of investors led by MPC Capital.

Prof. Amir Yaron said that Israel should switch from excise to the congestion fee, which is a smarter tax.

Tel Aviv - Yafo Municipality plans to nearly double the price of blue and white curbside parking for residents from outside of the city from NIS 6.30 an hour to NIS 12.

Haim Glik told the Globes Real Estate and Infrastructures Conference that the light rail will begin commercial operations in 2022.

The Red Line is scheduled to open in November 2022 but the company auditing progress of the project expects delays until next year.

The Movement for Quality Government in Israel has taken up cases of flagrant overcharging of tourists at Ben Gurion Airport reported by "Globes".

Due to the boom in global shipping, the company's share price has risen nearly 500% since its IPO in January 2021.