Zum Thema: Economy & Innovation

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… […]

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… […]

Refugees Saved from Genocide is First Step

A group of 300 Sudanese asylum seekers were granted refugee status in Israel. While community outrage towards the treatment of thousands of asylum seekers continues, this small but starting step is the right direction towards a positive humanitarian approach to the complicated situation the Israeli government initiated with their plan to expel over 16,000 asylum… […]

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… […]

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… […]

President Rivlin Does Voiceover for Waze

For one week only, starting April 19, President Reuven Rivlin will be navigating for drivers who use Waze, in honor of Israel’s Independence Day. The president of Israel visited the Waze office, where he met CEO Noam Bardin and the company employees. He recorded the directional guidelines, noting that he hopes all drivers reach their… […]

Rothschild Boulevard gets bold luxury restoration

The beloved Rothschild Boulevard situated central in Tel Aviv, Israel is seeing an upgrade once more. The Awad House, built in 1926 by Joseph Berlin for the Awad Family from Yemen, was created to display their social and financial status, and will continue its legacy through the upcoming renovations. Less than a century later, the… […]