TRANSPORT & INFRASTRUCTURE

Israel Competition Authority former head Michal Halperin discusses whether Uber should enter Israel with Zohar Golan head of the taxi drivers association.

The ambition of executing so many major projects all at once, headed by the Metro, is not matched by the availability of resources.

In farewell interview before stepping down at the Globes Infrastructures of the Future Conference, Yali Rothenberg discussed the difficulties of raising funds for the Metro.

Bank Hapoalim deputy CEO Shmulik Arbel told the "Globes" Infrastructure of the Future conference that population growth meant that Israel had a large gap to close.

In discussions on an MOU for a US-administered technology park, the possibility was raised of a nuclear reactor to supply its huge energy demands.

The Israeli autotech company posted annual revenue up 14.5%, but predicts revenue under $2 billion for 2026.

Four projects meant to connect Europe and Asia via Israel are being hampered by both external and local obstacles.

Plans for the first two such hubs at the Hashalom Interchange and the Haganah Interchange involve covering over the Ayalon Highway with office and commercial space.

The 104-meter two lane Yitzhak Navon Bridge will link Nahlat Yitzhak in the east to near the Midtown project in the west.

In an unprecedented step, importers have cut prices due to the strong shekel, increased competition and the need to offload existing inventories.

The port’s docks, which until November 2023 were packed with imported cars from Japan, Korea and China, have never been emptier.

Among the projects in the tenders are the improvement of the stretch of Road 44 between Beit Dagan and Nir Zvi.

Finance will be needed to bridge timing gaps between the expenditure on Israel's largest ever infrastructure project and revenue from taxation and charges.

The cost of the project has risen to NIS 177 billion, while tax collection from development along its route is liable to be much lower than the government's estimates.

The 22-kilometer section will have three new interchanges.

Purchase tax on electric cars from January will rise from 45% to 48%, instead of 52%, as the Ministry of Finance initially wanted.

The new finance will be used to recycle the existing debt.

The board says the proposal undervalues the company and that it has received "competitive proposals from multiple strategic parties."

Amid growing US pressure, and waning interest from European companies, the question of Chinese involvement in Israel’s biggest infrastructure project returns to the fore.

Both ISS and Glass, Lewis & Co. recommend supporting the board's candidates for directorships.

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.