Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Turkish Company Plans to Own Share in Biggest Israeli Port


Thu 22 Oct 2020 | 09:30 PM
Sara Goda

According to the American “Bloomberg” agency, a Turkish company is qualified enough to own a share in the Israeli Haifa Port.

“Bloomberg” announced that the Turkish company includes an American shipping company that will offer biddings to but the Haifa Port, the biggest port in Israel. This came after the United States’ explained her fears about the Chinese power that is planning to buy the strategic port.

The “Yildirim Holding AS” is set to own most of the shares in the port. Also, Eli Tills a big manager in the ports and train operation is currently collecting investors to work with “Yildirim Holding AS”.

The investors include “GraeStone Logistics” which is located in America and “Global Ports Holding” which is located in London and belongs to the “Global Yildirim”.

The Israeli government wants to sell the Haifa Port for 2 billion Shekel (about 590 million dollars) and the American authorities are currently looking for American companies to be a part of the deal.