Adani Group acquires Haifa port for $1.2 bn

Daily Current Affairs / Adani Group acquires Haifa port for $1.2 bn

Change Language English Hindi

Category : International Published on: February 03 2023

Share on facebook

Adani Group has acquired the strategic Israeli port of Haifa for USD 1.2 billion and vowed to transform the skyline of this Mediterranean city as part of its decision to invest more in the Jewish nation, including opening an artificial intelligence lab in Tel Aviv.
Prime Minister Netanyahu described the Haifa port deal with the Adani Group as an “enormous milestone”, saying it will significantly improve connectivity between the two countries in many ways.
The Port of Haifa is the second largest port in Israel in terms of shipping containers and the biggest in shipping tourist cruise ships.

Pakistani troops fired at Indian posts along the Line of Control, heightening tensions after the Pahalgam civilian killings.
Read More....
India's extreme poverty dropped sharply from 16% to 2.3% in a decade, lifting 171 million people above poverty line.
Read More....
UDAN scheme completed 8 years, making air travel affordable for common citizens and boosting connectivity.
Read More....
SRFTI’s film “A Doll Made Up of Clay” selected for Cannes 2025, marking a historic entry for Indian cinema.
Read More....
DRDO successfully tested scramjet engine for 1,000 seconds, advancing hypersonic technology in India.
Read More....
India participated in 11th BRICS Labour & Employment Ministers’ Meeting 2025 held under Brazil's presidency.
Read More....
Iran offered to mediate between India and Pakistan amidst rising tensions after the Pahalgam attack.
Read More....
The 2nd Asian Yogasana Championships started in New Delhi to promote Yogasana globally.
Read More....
Former ISRO chief Dr. K. Kasturirangan, pioneer of Chandrayaan-1, passed away at 84 in Bengaluru.
Read More....
India's direct tax collection grew by 13.57% in FY25 but slightly missed the revised target.
Read More....

Adani Group acquires Haifa port for $1.2 bn