Zum Thema: Economy & Innovation

Social Success Often Depends on Parents

 A parents’ level of education seems to have a serious impact on their children’s path towards social success. A recent study was released from the Central Bureau of Statistics in Israel showing that Israelis born to under-educated parents are less likely to develop within the ranks of society. The report shows that people over 30… […]

Plastic Free is the Way to Be in Business

Big business is finally buying in to the fact that consumers care about the environment – and they should too. Big name companies are making changes to their internal processes to support more sustainable structures, and also, their consumer market. IKEA Israel has announced their removal of one-time plastic use items, in their store and… […]

Plastic Free is the Way to Be in Business

Big business is finally buying in to the fact that consumers care about the environment – and they should too. Big name companies are making changes to their internal processes to support more sustainable structures, and also, their consumer market. IKEA Israel has announced their removal of one-time plastic use items, in their store and… […]

NASA’S First All-Female Spacewalk Makes History

History was made when a team of 14 women from NASA launched and completed the first women-only spacewalking journey. The team of American women included one Jewish woman, Jessica Meir, whose father is Israeli. The journey comes 16 years after the death of Ilan Ramon, NASA’S first Israeli astronaut, who was on the Columbia mission… […]

NASA’S First All-Female Spacewalk Makes History

History was made when a team of 14 women from NASA launched and completed the first women-only spacewalking journey. The team of American women included one Jewish woman, Jessica Meir, whose father is Israeli. The journey comes 16 years after the death of Ilan Ramon, NASA’S first Israeli astronaut, who was on the Columbia mission… […]

Israel’s Inevitable Budget Issues

The Israeli economy is growing, and its deficit is too. With rising expenses on a second election, tax increases, socioeconomic handouts, and increasing municipal salaries, Israel’s GDP has increased to 4%, despite an expected increase of only 2.9%. With the unknown future of the prime minister and its splay of governmental parties in stalemate, Israel’s… […]

Israel’s Inevitable Budget Issues

The Israeli economy is growing, and its deficit is too. With rising expenses on a second election, tax increases, socioeconomic handouts, and increasing municipal salaries, Israel’s GDP has increased to 4%, despite an expected increase of only 2.9%. With the unknown future of the prime minister and its splay of governmental parties in stalemate, Israel’s… […]

Prehistoric Temple Found During Roadwork

The advantage of living in a history-rich land is that a new road can lead to an ancient discovery, though it’s also likely why roadwork takes years in Israel. In the most recent archaeological discovery, a 5,000 year-old city was uncovered in the northern spot, En Esur. Full pathways and stone walls were discovered, and… […]

Smart Car Security Emerges with Israeli Startup

With innovations in smart transportation comes a new approach to car safety and security. Enter UVeye, an innovative computer machine learning approach to easily and efficiently inspect cars for danger, inside and out. It started when Amir Hever entered a parking lot, and saw his undercarriage was being checked with a mirror taped to a… […]

Solar Energy Center Inaugurated in Israel

The Ashalim Solar Energy Center, situated in the Negev desert, has been inaugurated, and will begin to work commercially to supply solar energy power to about 70,000 homes in Israel. The 988-acre plant is the size of Petach Tikva, or about 400 soccer fields. The large desert expanse is made up of 16,000 parabolic troughs… […]

Mindful Food Apps Hope to Change Consumption Mindset

About 2.5 million tons of food is wasted in Israel annually. While only half is considered rescuable, its value sits at about $2 billion dollars. With a clear gap in the market and a socio-economic need for change, a pair of cousins Elie Fischer and Laetitia Jessner were inspired to launch SpareEat. The Israeli developed… […]

Harnessing Sea Waves for Clean Energy

The latest Israeli innovation utilizes the power of the sea to create clean energy. With a growing need for clean energy, a number of Israeli startups are tackling how to sustainably make it happen. One company, called Eco Wave Power Ltd., is seeing success by placing their floater devices on platforms, ports and piers, where… […]

Robot Roams Israeli Supermarkets

A robot is roaming Israel’s largest supermarket chain, and its eyes are set on coffee and chips, two examples of items in high demand. Built by Trax and named Yigal, the robot was built in cooperation with Shufersal to review and restock inventory, especially for items with daily high turnover rates. The robot analyzes real… […]

Jerusalem of Traffic: Main Road Closes for Three Years

A main gateway to Jerusalem has been closed, and is expected to cause massive amounts of traffic congestion for at least three years. Ironically, the main road is being shut down to support construction of the Jerusalem Gateway Project, a 74-acre commercial center made of 1.5 million square meters of commercial space, including offices, 2,000… […]

Zencity Tech Brings Power to the Locals

What do the people want? This is the question that city management company Zencity, answers for any local authorities wanting to listen. While the saying goes that the revolution will not be televised, they never said anything about social media platforms like Facebook, Twitter and Instagram. Perhaps that’s just where the people’s revolution begins. The… […]

New Public Transport Option Hits Central Israel

A new fleet of vehicles is hitting the Tel Aviv streets, which is a new path to solving the heavily congested traffic in the central city, an initiative by the Ministries of Finance and Transportation. Via Transportation Inc, a ridesharing app which already operates in 11 countries and 32 cities across the world, has partnered… […]

Revolutionary Tech Solves Global Water Crisis

In only six years’ time, two thirds of the world will face a shortage of clean drinking water. While the earth is covered in 70% water, only 1% of that is accessible as drinking water, the world’s most valuable resource for survival. Thanks to the groundbreaking Israeli innovation, water can be created from nothing but… […]

Israeli Moon Mission Set for Takeoff

SpaceIL has packed up their spacecraft and is moments away from launching it straight towards the moon. If Beresheet, or Genesis, lands successfully, it will make Israel the fourth country to land on the moon, following the United States, Russia, and China. The spacecraft, costing over $100 million, was built over the past 8 years… […]

The Startup Nation Needs New Roads

In the past twenty years, the number of cars on the Israeli roads have more than doubled; however, the number of roads has only grown by 45%. Ultimately this means there are too many cars, and not enough roads. Traffic congestion is said to be causing Israel about 35 billion shekels annually. With the new… […]

Israel is World’s 5th Most Innovative Economy

In Bloomberg’s 2019 Innovation Index, Israel was named the 5th most innovative country in the world, making a notable jump from last year’s number ten spot. The number one spot is held by South Korea, who has held the position for the past six years, followed by Germany, Finland and Switzerland. The annual Bloomberg Innovation… […]