The global financial crisis is now also reaching a place where many thought it would never, the Israeli hi-tech industry. Numerous companies have laid off a large part of their workforce, some even saying goodbye to up to 15 percent. In addition to layoffs in the Israeli branches of large international companies such as Intel… […]
Zo Flamenbaum’s Last Israel – Between the Lines Edition – A Farewell Message For close to 6 years and nearly 300 issues, Zo Flamenbaum published ISRAEL BETWEEN THE LINES week after week with great dedication and journalistic skill, winning many new readers with her refreshing writing style. Zo has opened the doors to many topics… […]
Hamutal Yitzhak, CEO of Else Nutrition claimed the number one spot in World Biz Magazine’s list of Top 100 Innovation CEOs. Known for “reshaping infant nutrition,” Yitzhak’s company has developed the first plant-based, dairy-free, and soy-free baby formula, which launched in March 2021. In addition to factoring in commercial insight and market integrity, the award… […]
Urs Bucher is the new Swiss Ambassador to Israel. Although he has only been in the country since September 2021, he has already internalized one important thing about Israel: people here are open to discussion, and he likes that. We spoke to the Ambassador about his plans and expectations for his tenure in the country…… […]
Jerusalem Mayor, Moshe Lion, has a mission to make Jerusalem a hi-tech center of Israel. Heâs backing it up with 1.1 million square meters of office space, approved for development in dedicated areas throughout the ancient city. Yet the reality is, that only 7% of employment in Israel takes hold in Jerusalem, and many startups… […]
Israel has never been in the top 20 economies for GDP per capita; however, the past year has made the strength of the Israeli economy notable despite its subsequent shutdowns during the coronavirus crisis. In the latest Forbes Israel report based on International Monetary Fund data, Israel is 19th on the global list. GDP per… […]
Unemployment numbers in Israel continue to drop with the reopening economy, yet people under 34 seem to be staying stagnant. With unemployment benefits in place until mid-June, almost half, or 47.4%, of the young and unemployed are not incentivized to return to work. With COVID-19, many receive 70% of their paycheck, at least until June… […]
Before March 2020, Israeli tourism was on the rise. As the economy reopens thanks to a mass vaccination campaign and the Green Passport concept, Israel may return to being a top-listed destination for global citizens who are craving a post-COVID getaway. Travel companies are already seeing bookings for the winter of 2021. While flights are… […]
As Israel continues to tackle, and hopefully overcome, COVID-19, other countries are still struggling to contain the deadly virus. In a recent gathering, the founders of Aura Air, a cutting-edge air purifying system, presented their product for use to various African ambassadors, from Ethiopia, Nigeria, Ghana, Rwanda, Angola, Cameroon, Democratic Republic of Congo, Equatorial Guinea,… […]
Industries are being turned on their sides due to digital, yet banking hasnât seen much out of the box – until the First Digital Bank. Founded by Professor Amnon Shashua, who played a founding role in the Mobileye self-driving car revolution, the First Digital Bank hopes to be a disruptor in the centuries-old industry. CEO… […]
In what everyone hopes to be a final grand reopening, Israel is returning to the next iteration of âbusiness as usualâ after its last national lockdown ended at Februaryâs end. With COVID-19 showing a 4% infection rate, and the vaccination campaign going strong, now seems the time to clean up the mess in the middle. … […]
One year later, with COVID-19 still filtering into our 2021, Israel has experienced a full spectrum of effects. While over half of the country has received their first vaccination given major campaign efforts, the Ben Gurion Airport remains shuttered, with some exceptions to the rule. The airport was closed on January 25 as the country… […]
On a mission to âgrow early-stage Arab-led startups into multimillion-dollar companies,â The Hybrid program supports eight startups per year to make the âstartup investableâ as soon as possible. Â For the early-stage Arab entrepreneurs who are most certainly underrepresented in the startup world, there is a deep need for access to these resources, knowledge, and network.… […]
As lockdown lifted last week, Israel is slowly reopening its roads, doors, and economy â and its residents are flooding out with a new sense of restrained freedom. The corona crisis remains prevalent, and precautions are being taken to prevent another increase in the spread of the virus and a fourth national lockdown. Around 25%… […]
Shira Haas, star of Netflixâs âUnorthodox,â was nominated for Best Performance by an Actress in a Limited Series, Anthology Series or a Motion Picture Made for Television, announced the Hollywood Foreign Press. The nomination makes history as Haas is the first Israeli TV actress nominated for a Golden Globe, one of the most prestigious honors… […]
One hundred engineering and business students from Jerusalem College of Technology gathered for a 48-hour virtual hackathon, running for its fifth consecutive year. Hosted by the LevTech Entrepreneurship Center, the event ran online for the first time, and while there was a concern, it did not deplete from the spirit and energy of the Great… […]
A new trend is growing, and it serves the intersection of sustainability, sales, and supermarket consumers. After a successful trial period with Israelâs largest supermarket Rami Levy, Israeli startup Vertical Field has entered a long-term partnership and will expand its âliving wallsâ to more supermarkets in the chain. Vertical Field, founded in Raâanana in 2006,… […]
Imagine having a glass of dairy milk without needing a cow. Remilk is reimagining dairy products and how they are produced. The Israeli company recently raised $11.3 million dollars in their first investment round and speaks to the rising market for plant and animal alternatives. The team has uncovered a way to use only 5%… […]
With ongoing public unrest about how big business is harming the environment, Environmental Protection Minister Gila Gamliel is starting to take a stronger public stand to ensure Israel becomes sustainable, and that the precious resources of our environment are indeed protected. Known oil company, Noble Energy, which was acquired by US-based Chevron in October 2020,… […]
Adopting Black Friday shopping tradition from American culture, thousands of Israelis stood in line as a sample size of 15 malls re-opened for the first time since mid-September. With only 10 customers allowed per store, lines were massive. Opening malls is part of a pilot plan to determine whether it is safe given COVID-19. Due… […]
