Thursday, March 12, 2026
News

Israel to merge government tourism companies

SocialTwist Tell-a-Friend    Print this Page   COMMENT

Middle East | January 19, 2026 4:49:28 AM IST
Tel Aviv [Israel], January 19 (ANI/TPS): The government of Israel approved a reform to streamline the development of tourism infrastructure with a merger of two government tourism companies that it said will save millions of Shekels. The Old Acre and Nazareth Development Company will be folded into the Government Tourism Company (HTC).

The consolidated company will operate under the Government Tourism Company and will serve as one central government executive arm of the Ministry of Tourism, in accordance with its policy and budget. This will be in the areas of tourism infrastructure development, tourism preservation and maintenance, including heritage sites and urban assets of historical value in Acre and Nazareth.

In addition, it was decided that the Dead Sea Protection Company (DSPC) will cease to engage in tourism infrastructure and will serve as an implementation arm of the Ministry of Finance, while focusing its activities on the necessary protections in the Dead Sea area. Consequently, no new tourism infrastructure development projects will be transferred to it, unless they are integrated into projects required for the protection of the Dead Sea. In addition, an inter-ministerial team will be established to decide on the completion of projects currently being carried out by the company. (ANI/TPS)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE WORLD NEWS
3 Indian seafarers killed, one missing a...
'Excursion that will keep us out of war,...
UAE hails UNSC resolution condemning unp...
Iran allows Indian flagged vessels to pa...
177 Indians repatriate from Lebanon, ove...
'War must end, India can play big part i...
More...
 
INDIA WORLD ASIA
'NDA Will Form Government in Tamil Nadu'...
Daily wager's son cracks UPSC in first a...
Gujarat farmer drives dairy prosperity t...
CBI issues court notice to Telangana Jag...
Normalcy gradually returns to Tura; Megh...
Parliament Budget Session: Lok Sabha adj...
More...    
 
 Top Stories
Oman Air cancels multiple routes ti... 
"No kissing baby anywhere...": Emin... 
IFL 2025-26: Rajasthan United face ... 
'Family Guy' spinoff series is titl... 
MoS Kirti Vardhan Singh represents ... 
Netflix working on series based on ... 
"No country is untouched by the imp... 
Al Falah Trust PMLA case: ED challe...