Zum Thema: Economy

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… […]

Israel is Steering Smart Transit Forward

Israel is taking smart transportation seriously. The Transportation Ministry and Israel Innovation Authority are working together to dedicate upwards of $8 million dollars annually to promote and provide ways to advance smart transport. The collaborative forces are boosting Israel to the next level by shifting their infrastructure to support the fast-paced innovations and technologies rolling… […]

Israeli Economy Grows and Need for Inclusivity Does Too

The Israeli economy is booming, and the societal split is growing larger with each step forward. A recently released 2018 Organization for Economic Cooperation and Development, or OECD report, shows what might seem like advancement in Israel’s society; however, the economic gaps between groups like the Haredim and Arabs are only growing further with low employment… […]

Autonomous cars are driving Jerusalem

By the end of 2019, a fleet of partially autonomous cars will be travelling the roads of Jerusalem, Israel. It’s the latest news from Mobileye, an Israeli startup acquired by Intel, that leads about 70% of the autonomous driving market and advancing road safety. According to their website, Mobileye currently works with over 13 global… […]

Israel has the Global Water Solution

Water is an absolute necessity to all humans, but for one third of the planet, clean water is the ultimate luxury. Perhaps for those whose most basic need is met, access to water does not demand attention as it’s a clear given. However, for the 35% of people across the world without access to water,… […]

American Public Transport is Transforming with Israeli App

Public transportation will never be the same again. Via, a new Israeli mobile app created by Daniel Ramot and Oren Shoval, has introduced the Israeli concept of the sherut, Israel’s shared minibuses, and made it accessible to all. Sheruts are yellow minibuses which hold one driver and ten passengers, following a fixed route and picking… […]

Israel Funds High Tech Park for Palestinians

An injection of inspiration is being cast straight into Palestinian society. As part of Plan 922, a 2015 governmental proposal to distribute NIS 15 billion to the Palestinian technological sector, a new piece is being unraveled. The plan is aimed to create more jobs, bridge the income gap, and offer beneficial opportunities for the future.… […]

China Opens Liaison Office in Israel

China and Israel are officially becoming a thing. A “twin” office is opening, connecting Beijing’s ZhongGuanCun Science Park, or Z-Park, with the startup city of Tel Aviv. An agreement was made on April 8 between Beijing Vice Mayor Yin Hejun and Tel Aviv Deputy Mayor Doron Sapir. The Z-Park partnership solidifies a budding hi tech… […]

Israel is Only a Teenager

Seventy years is like being a teenager for a new country. For a growing country like Israel who is celebrating her 70th year in existence, there are many ways to measure her growth. Simple statistics, like how Israel was only 800,000 residents in 1948 and today is home to over 8 million souls is astounding.… […]

Tel Aviv made top ten most expensive cities

Tel Aviv has been confirmed as the ninth most expensive city in the world according to the Worldwide Cost of Living Report 2018, quickly moving up in the past 5 years from 34th place. As Tel Aviv has made its way into the top ten most expensive places to live, both New York and Los… […]

Israeli tourism boom challenges industry

The Holy Land has never been hotter, and the tourist industry isn’t ready for it. Thanks to large efforts from the Israel Ministry of Tourism, the Open Skies Agreement, and the relatively peaceful state since summer 2014, a steady stream of tourists want to explore Israel – and surprisingly, tourist hot spots and its guides… […]

Israel Goals: No Fossil Fuel by 2030

Today Israel runs on 70% natural gas, and by 2030, Energy Minister Yuval Steinitz plans to eliminate the use of fossil fuels entirely from the Israeli repertoire.  Steinitz plans to ban the import of diesel-based cars in just over a decade, and forecasts that by 2030, Israel will run on 80% natural energy and the… […]

Israeli law revised to feed needy

With over two million Israelis living beneath the poverty line, and just about a third of the country’s food being thrown into the trash, there is one major issue blocking the creation of a sustainable solution – the legal system. For restaurants, event halls, hotels and other food institutions, who could potentially donate unused food… […]

Israeli Water Crisis Strikes Again

Pray for rain and ration your water. Take shorter showers and don’t water your gardens. Save the Kinneret! Most people with Israel in their periphery have heard these phrases, which had become a deeply ingrained belief in Israel’s relationship with water, or lack thereof. A decade ago, the Israeli government started an awareness campaign called… […]

How Banks and Bitcoin Get Along

Not surprisingly, banks and Bitcoin aren’t getting along. In the most recent flurry of financial mayhem, droves of peoples are buying Bitcoin, and the banks around the world are not on board. The Bank of Israel stated that they will not recognize cryptocurrencies as legitimate currency, and it is currently considered a digital asset. While… […]

Jerusalem to Tel Aviv Train is a Smooth Ride

The seven-billion-dollar project which has been in the works since 2001 is finally moving, and Israel Katz, the Minister of Transportation took the express train from Tel Aviv to Jerusalem for its first test drive on Tuesday. The train only drove a short ride before proving how much more quiet and comfortable an electric engine… […]

Will Supermarkets be forced to shut on Shabbat?

The Supermarkets Law is a new legislation presented by the Ultra-Orthodox Shas party in the Israeli government. The law is up for a vote, and if voted favorably, would allow the government to authorize that all supermarkets and convenience stories throughout Israel be closed on Shabbat, from Friday evening to Saturday evening, with the exception… […]

Israel Population Almost 9 Million

On the eve of 2018, the Central Bureau of Statistics published data announcing the state of Israel’s current population, which stands at 8,793,000. The population grew by 165,000 since 2016, due to 180,000 babies being born and 44,000 deaths. The Jewish population makes up about 75% of the total population, while about 21% of the… […]

Teva under fire for layoffs

Born in 1951, Teva Pharmaceuticals has since grown into a multinational pharmaceutical giant. Headquartered in Israel and with locations in Europe and North and South America, Teva is in a time of crisis. Since the death of Teva’s “father,” Eli Hurvitz, in 2011, the company has declined in many ways, and with new CEO Kare… […]