Israel will build a railway between Ashdod and Eilat, allowing ships that dock at the Red Sea port to transfer goods to the ports of Ashdod and Haifa and from there to Europe via the Mediterranean Sea, in an attempt to compete with the Suez Canal, Finance Minister Binyamin Netanyahu said Sunday. Speaking to investors at the fifth Go4Europe business conference at Tel Aviv's Hilton Hotel, organized by investment bank Cukierman & Co., Netanyahu said that big ships arriving from the Far East are now forced to transfer their goods by land to an Egyptian port on the Mediterranean from...