Jan 31, 2023
Adani Appears in Israel, Netanyahu Says More Investment Coming
Bloomberg News
,(Bloomberg) --
Israeli Prime Minister Benjamin Netanyahu used an appearance by billionaire Gautam Adani at a ceremony on Tuesday to highlight Israel’s plans to expand the reach of its ports.
Adani was attending an event at Haifa port, which one of his companies bought in a joint venture.
For a Change, Israeli Investors Are Unsettled by Political Chaos
“It is a joyous day for India, Israel and the Haifa port,” Netanyahu said. Adani “plans to increase investment in Israel in a big way,” he added.
For Netanyahu, the event is a welcome public relations windfall at a time when he is fighting against growing contentions that Israel, under his new government, is losing appeal to investors.
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