Israel’s continued growth and new ties with neighboring Arab countries are creating new trade opportunities for Israel and the new ultra-modern Haifa Port is well placed to become a major regional transport hub.
Israel has opened a new shipping port along its Mediterranean coast that will bring much needed competition to a sector plagued by delays and boost the country’s standing as a regional trade hub.
The 5.5 billion shekel ($1.7 billion) Bay Port at Haifa, which will be operated by Shanghai International Port Group, will enable larger classes of cargo ships, carrying 18,000 containers or more, to dock in Israel. Continue Reading »
Israeli New Shekel Exchange Rate