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A Zim cargo ship is seen outside the port of Haifa on May 1, 2026. (Sharon Leibel/Flash90)
July 8, 2026, 3:17 pm
National security concerns threaten to capsize sale of Israeli shipping giant Zim
Government must okay $4.2 billion deal with Hapag-Lloyd, but officials raise red flags over German firm’s Gulf backers and worry non-Israeli owners could leave country without vital strategic lifeline
By Sharon Wrobel
Illustrative: Zim shipping containers. (Yaakov Naumi/Flash90)
February 16, 2026, 11:47 pm
Israel’s Zim shipping company inks $4.2 billion takeover deal by German giant
As part of the deal, an Israeli container liner firm will be formed to securely operate global shipping trade routes to Israel; Hapag-Lloyd commits to retain Zim employees
By Sharon Wrobel
Illustrative: Visitors are interested in an airplane engine made by Pratt & Whitney at the Farnborough Air Show fair in Farnborough, England, July 18, 2022. (AP Photo/Frank Augstein)
October 6, 2025, 7:29 pm
Israel’s Bet Shemesh Engines inks $1.2b deal to produce parts for global aviation giant
The 15-year contract with one of the world’s largest aircraft engine manufacturers marks the biggest-ever agreement for the Israeli producer of jet engine parts
By Sharon Wrobel
A new way of greeting to avoid the spread of coronavirus. (iStock by Getty Images)
From the WebDecember 17, 2020, 4:38 pm
UCT buys Israeli firm Ham-Let for $348 million
Globes: California-based Ultra Clean Holdings buys all of Ham-Let’s shares at a 34% premium to their closing price on the TASE; firm will delist from exchange at deal completion
A drip irrigated field in southern Israel. Illustrative. (Kobi Gideon/Flash90)
From the WebJanuary 11, 2017, 3:27 pm
Rivulis Irrigation buys Greek company Eurodrip
Globes: The acquisition of the Greek company makes Rivulis Irrigation, based in Israel’s Kibbutz Gvat, the world’s second largest drip irrigation systems manufacturer; no financial details of the deal were disclosed
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