The New Israeli Shekel has come in second place as the worldâs strongest currency, listed only after the Chinese Yen. According to Gautam Kalani, the foreign currency analyst from Deutsche Bank, the New Israeli Shekels appreciated in value about 6.1% in the past six months alone, and overall is valued about 10% over other global… […]
When Neta Hanien was travelling around the world, she dreamed of one day owning a hostel along the shores of a beautiful beach. When her more rational mind stepped in and she returned to Israel, she went to law school and worked for 7 years in the Ministry of Justice. Amidst that time, she accompanied… […]
The Ultra-Orthodox community of Jews is expanding their own horizon and aiming to move away from focusing solely on the high holidays – by taking strides into high tech. 12angels is the first official investment fund for Israelâs Ultra-Orthodox, or Haredi, community. The fund aims to raise $5 million dollars and is dedicated to entering… […]
The Startup Nation has picked up millions in investments thanks to its dedication to advancing the medical field. In the constantly advancing industry of medical technology, Israel is becoming a leader in the digital health field. Over the past year alone, the sector grew in finances, involvement and innovation. Since 2015, investment in the digital health field… […]
A group of women have teamed up to challenge the wage gap in the Israeli high tech industry. The average woman in the United States gets paid 20% less than a man in the same position and with the same skill set. In the high tech industry and specifically in Israel, the difference in wage… […]
Thanks to epic efforts to increase travel and tourism to Israel, the newest direct flight from Hong Kong recently landed at Ben Gurion Airport on Saturday. Cathay Pacific, which has won the title of Worldâs Best Airline four times, is one of many new airlines who has created a direct flight option to the small… […]
Dr. Karnit Flug, Governor of the Central Bank of Israel, recently presented a 2016 report, and based on the numbers, the economy is doing quite alright. She mentions that Israel’s GDP grew 4% over the last year, full employment has been maintained, and there has been an increase in salary. The steady drive of the… […]
The fourth time is the facial recognition charm. The giant US corporation, Apple Inc, has acquired RealFace, an Israeli invented software with built in facial recognition. This is the fourth time that Apple has hit the Israeli market to snatch up a genius software, and they report spending about $2 million dollars. RealFace is a… […]
The first ever corporate social responsibility (CSR) conference is being held in Israel this week. A natural born leader when it comes to environmental sustainability and innovation, Israel was named Top Innovator in Clean Technology by the Global Cleantech 100 Index, and is continuing to lead the world in its CSR endeavors. While many companies… […]
Israeli much-praised startup company Gett (previously Get Taxi) raised $300 million from Europeâs largest carmaker Volkswagen. Volkswagen chairman Matthias Muller said, âAlongside our pioneering role in the automotive business, we aim to become one of the worldâs leading mobility providers by 2025. Within the framework of our future Strategy 2025, the partnership with Gett marks… […]
