Riders will be able to use the service through Moovit, the Israeli smart transit data company Intel bought last year.

Tel Aviv is the world's most expensive city, according to the 2021 Worldwide Cost of Living index by the Economist Intelligence Unit (EIU).

The delegation made up of CEOs and executives from JVP portfolio firms discussed the expansion of their companies in Europe.

JVP chairman Margalit met with the French Finance Minister and other economic figures to promote a Margalit Startup City innovation center.