Sale of Israel's Haifa Port finalized for $1.15 billion
As another of Israel's ports is privatized, the tiny middle eastern state looks to further cement its position as a regional economic power.
By SAM HALPERN
Published: JANUARY 10, 2023
A consortium headed by India's Adani Group has finalized its purchase of Israel's Haifa Port, Israel's Finance Ministry said on Tuesday in a statement about the completed deal. Reuters reports that the port, which is located in the coastal city of Haifa in the north of Israel, was sold for a sum of NIS 4 billion, or just over 1.15 billion US dollars. One of the new owners, Adani Ports and Special Economic Zone Limited, is owned by Indian billionaire Gautam Adani. Adani founded his namesake company and is listed as the third richest man in the world by Forbes Magazine. His net worth is estimated at $125 billion.
more........... https://www.jpost.com/israel-news/article-728138
As another of Israel's ports is privatized, the tiny middle eastern state looks to further cement its position as a regional economic power.
By SAM HALPERN
Published: JANUARY 10, 2023
A consortium headed by India's Adani Group has finalized its purchase of Israel's Haifa Port, Israel's Finance Ministry said on Tuesday in a statement about the completed deal. Reuters reports that the port, which is located in the coastal city of Haifa in the north of Israel, was sold for a sum of NIS 4 billion, or just over 1.15 billion US dollars. One of the new owners, Adani Ports and Special Economic Zone Limited, is owned by Indian billionaire Gautam Adani. Adani founded his namesake company and is listed as the third richest man in the world by Forbes Magazine. His net worth is estimated at $125 billion.
more........... https://www.jpost.com/israel-news/article-728138