TRANSPORT & INFRASTRUCTURE

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.

This deal comes after earlier this year the Israel Competition Authority opposed the acquisition of the taxi hailing app by parking payments app Pango.

Reports say Israeli shipping tycoon Rami Ungar could team with ZIM CEO Eli Glickman and other top executives to acquire the company.

A recent meeting in Germany between Transport Minister Miri Regev and Tesla VP EMEA Joe Ward discussed setting up a smart transport hub in Israel.

Minister of Transport Miri Regev's plan for a second level on Road 6 will not solve Israel's traffic jams in the long term.

In the final quarter of 2025, a series of new showrooms is due to open around Israel, at a total investment of tens of millions of shekels.

The Reindeer power station due to be built near Kfar Saba, subject to cabinet approval, has encountered another obstacle.

"Globes" has learned that the Ministry of Transport is already working on preparing a new tender and the Nakash brothers are unlikely to have their rights extended.

The Ministry of Finance has published an order on cutting purchase tax on indirectly imported vehicles, which could save Israeli buyers thousands of shekels.

The new generation of charging stations can fully charge a vehicle battery in five minutes.

The Israeli transport solutions company has given no details of the size of the offering, but last time it raised money was at a company valuation of $3.5 billion.

The Eilat Municipality has seized the bank accounts of the Red Sea port due to tax debts of over NIS 600,000.

The consortia have entered the pre-screening stage of the tender for setting up the project and operating it for 22 years, although it is still in dispute in the government.

Xiaomi importer Hemilton has formed a partnership with the Hamizrahi vehicle importer to bring the Chinese electric vehicles to Israel.

The public transport item in the Consumer Price Index rose by 9.8% in May. Transport Ministry: The effect of the benefits will be felt gradually.

The Ministry of Transport has found a budgetary source of NIS 115 million by cutting public transport services following the Home Front Command's emergency instructions.

With ministries' spending being cut on all sides to finance the war, government sources say the advertising budget is extraordinarily high.

The National Road Safety Authority finds a clear connection between low socio-economic class and death on the roads, and recommends adopting other countries' solutions.

"Huge news" said an announcement on behalf of the transport minister, but in the industry and government there is skepticism - and anxiety.

The Chinese carmaker is setting up a battery switching station network in Israel, 15-years after Better Place went bankrupt.

Delays in publishing construction tenders mean the Tel Aviv metropolitan underground railway system will not be operating by 2034 as planned.