TRANSPORT & INFRASTRUCTURE
Public transport fare reform goes into effect
The reform includes free travel for discharged soldiers in their first year after service, 50% discount fares for residents of the geographical periphery, and discounts for those aged 26 and younger.
Ashdod Port CEO reveals IPO plans
Shaul Schneider told the Globes Infrastructures Conference that only 49% of the port's shares would be sold, so control would remain in government hands.
Red Line glitches pile up
Some of the faults on the Tel Aviv area light rail line are teething troubles, but some are a result of deficiencies in planning and execution.
Pango in talks to buy Gett
Negotiations are taking place at a valuation of $150-160 million, nearly 80% below taxi hailing app Gett's valuation in its aborted IPO.
Mileage tax will apply to plug-ins
The new tax on electric vehicles will be broadened to include plug-in hybrids in 2026. Higher prices for electricity to charge EVs will also be considered.
"Israel is facing silent sanctions"
Ami Daniel, CEO of maritime risk monitoring company Windward, says more and more shipping lines are avoiding the risk of sailing to Israel.