Zum Thema: Economy

Kibbutz Life Welcomes the Digital Nomad

The Israeli kibbutz has found its entry point into the startup nation’s ecosystem, and it promises WIFI. A staple of Israel culture, the first kibbutz in Degania was founded in 1910. It was built on principles of agriculture, teamwork and safety, and hundreds of shared communities spread across Israel following its pioneering footsteps. Today, mainstream… […]

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… […]

Supermarket Trends and Spends in Israel

If there’s one thing everyone in the Middle East can agree on, it’s a love of food. Recently, the Central Bureau of Statistics proved just how much, by running a report to show the metrics of food spending habits in Israel. After surveying over 9,000 Israelis, including Arabs and Jews, they found a few trends… […]

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… […]

Israeli Medical Cannabis Approved for Export

Since the first study of THC in 1964 by Raphael Mechoulam, the cannabis market has come a long way. Israel, as a longtime pioneer leading cannabis research, continues to pave the way forward thanks to a recently approved law allowing medical grade cannabis to be manufactured and globally exported. The law is passed after a… […]

Can these Toilets Save the World?

It’s not turning water into wine, but a new Israeli company is turning toilet waste into clean energy. HomeBiogas recently launched the Bio-Toilet, a sanitary solution which turns waste into cooking gas, offering up an all-in-one solution for global rural areas which lack access to clean toilets. The company, led by CEO and co-founder Oshik… […]

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… […]

Study Cautions the Future of Israel Over-Population

Israel is home to about 8.8 million people, making it the fourth most crowded country according to the OECD. A new study predicts that within 50 years, Israel will be the number one most crowded country in the world with a population of over 20 million people. The study was led by Dan Ben David,… […]

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… […]

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… […]

Educated Israelis are Emigrating

Opportunity is abundant for educated Israelis. About 5.8% of Israelis who earned academic degrees between 1980 and 2010 have emigrated, mostly to the United States or Europe. In numbers, about 33,000 people, choose to take their knowledge to support their living abroad, most for at least 3 years, a Central Bureau of Statistics report shows.… […]

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… […]

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… […]