Zum Thema: Economy & Innovation

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… […]

Tel Aviv is Only 21% Youth

Compared to other major cities in Israel, Tel Aviv has the least percentage of children 17 and under. In a recent report published by the Central Bureau of Statistics, Modiin Illit, an Orthodox town, has the highest percentage of youth at 64%, versus Tel Aviv whose population is only made up of 21%. Living in… […]

Supermarkets About to Super Save

What if you could reduce food waste and save money? A new Israeli company called Wasteless just raised $2 million in funding based on its cause to supports dynamic consumer pricing and supermarkets wastefulness. Their technology, which works similarly to that of cheap flight sites, creates a bridge to manage a store’s inventory, incentivize expiring… […]

Free WIFI may cost Israel Railways $84 Million

If free WIFI doesn’t work, is it still free? Not according to David Zeltser, an Israel Railways customer who, along with at least 5 million other passengers, have filed a class action lawsuit against the company for marketing a service they don’t fully deliver. As Israel Railways uses free WIFI in many of their marketing… […]

Female Politicians on the Rise in Israel

History was made in the nationwide Israeli municipal elections, as expected for the year of 2018. Just a little more of the glass ceiling is being shattered, as a record-breaking number of female politicians ran for positions and were voted into victory. The elections were held in 251 cities across Israel, with a few major… […]

E-commerce is Changing with Container Sharing

Imagine all the people being able to shop online for different things, from different shops, all to be packed in one container and shipped to Israel. If you’ve ever dealt with international shipping costs, this might sound like a dream. Especially to Israelis, as importing items into Israel is typically a nightmare thanks to high… […]

Noble Energy to Sign Gas Deal with Egypt

A new agreement was reached between Israel and Egypt to deliver natural gas from the Leviathan and Tamar fields direct to Egypt. The beneficial deal represents a milestone reached between the two Middle Eastern neighbors. Noble Energy and some selected partners will acquire approximately 39% equity interest in Eastern Mediterranean Gas Company. The $200 million-dollar… […]

Electric Folding Car Changes Urban Driving

A new mode of transportation is en route to the urban streets of Tel Aviv. City Transformer is an Israeli company dedicated to changing the way people drive and park in cities. To support growing traffic and parking issues, they have created a cross of car and motorbike that transforms according to driver needs. The… […]

Jerusalem Railway Station is Open

Starting Tuesday, September 25, the long-awaited Jerusalem railway opened, and it’s making moves towards Tel Aviv. The railway line situated at the Yitzhak Navon Railway Station is across from the Central Bus Station, and isn’t yet fully operational. The line has only recently been approved for a one-month trial, which will run between Jerusalem and… […]

Japanese Israeli Startup Scene

The Japanese Israeli relationship is kicking into new gear, as the Japanese External Trade Organization, or JETRO, is dedicating one of its dozen international startup hubs to support Israeli entrepreneurs aiming to grow within the Japanese ecosystem. The Global Acceleration Hub, centered in Tel Aviv, will be a business center of sorts, providing free temporary… […]

Plastic Usage in Israel is Rising

In just four years, Israel’s plastic tableware consumption has grown by 51%. In 2014, sales were estimated at $124 million and in 2018, sales rose to $187 million. Despite the many environmental concerns and green initiatives from both governmental and private organizations, the growing statistic and reality is scary, and it’s not slowing down. Companies… […]

Teenage Girls Advance in Tech Industry

The next generation of entrepreneurial women is in rapid development thanks to female entrepreneurs creating opportunities which didn’t exist when they were young girls. For the many women working and leading their own way in technology, a number of projects have risen to support the intellectual and emotional development lacking in most standard female education… […]

Haifa Public Transport Flashes Forward

Haifa’s public transport system is receiving a big upgrade. With the recent opening of the new central bus station, a freshly renovated train station and up and coming cable cars, Haifa will step into a more central role.   The central bus station, spanning 20,000 kilometers is not yet fully compete but will operate as… […]