On the way to an Israeli AI crisis: Avi Simhon’s unusual warning
National Economic Council head Avi Simhon slammed power grid regulators for blocking data centers, assuring no energy shortages will occur by 2031.
Energy & Infrastructure
Jerusalem's L3 opens after years of delays, turning one light rail line into a network
Iranian oil supplies to China tighten as US blockade cuts Tehran's crude exports
Mekorot launches tender for solar and energy storage facilities at water reservoirs
Long-awaited gas export deal with Egypt to be signed 'in days,' source tells 'Post'
The agreement, valued at $35 billion, will enable the export of gas from Israel’s Leviathan reservoir to Egypt through 2040.
Mekorot Reports Net Profit of Approximately NIS 232 Million for the First Nine Months of 2025
EBITDA for the first nine months of 2025 rose by about 17% to approximately NIS 1.16 billion, compared to about NIS 993 million in the same period last year.
Arad Group Surpasses one million LoRa sensors in Israel
LoRa technology, a leading global standard in the IoT (Internet of Things) world, is recognized for its advanced capabilities, cost-effectiveness, and deployment flexibility.
Awz to build NIS 5b chip fab in Ashkelon for defense and civilian sectors
Facility, part of The RISE national deep-tech hub, will focus on III-V semiconductors and advanced packaging under a hybrid “open fab” model
Israel on track to produce one-third of its power from renewables by 2030, minister says
In August 2024, Israel’s Energy Ministry presented a plan for reaching net zero emissions in the energy market by 2050.
Hostility among European firms could jeopardize Tel Aviv’s metro project
Israel’s massive post-war infrastructure boom faces a critical hurdle as international partners grow wary, putting the Tel Aviv Metro schedule at risk and increasing reliance on local companies.
Amit Lang Appointed CEO of Ackerstein Group
Lang stated he is honored to lead a company that “for 100 years has embodied Zionism, excellence, and innovation.”
Transportation Minister Regev denies train chaos, while holding conference on new rail line
During the conference, Miri Regev addressed the train’s current malfunction, remarking that “there is no transportation chaos, the trains are still running.”
Yitzhak Tshuva: “A Historic Milestone in Strengthening Regional Cooperation”
A deal which reflects a deep and mutual appreciation between Delek Group and their Egyptian partners
Bazan enters oil production market with $100m. investment in US firm
Israeli energy group Bazan buys 52% stake in US oil firm Cantium, marking its strategic entry into upstream operations.
