The Israeli coffee chain Cofix opened its first shop in Moscow â disrupting the coffee chain price range in the Russian capital. While Cofix sells coffee for 50 rubles, local top dog Starbucks charges 245 rubles for a cup of cappucchino, according to Bloomberg News. Cofix-founder Avi Katz states that âin Russia, it costs 20… […]
The Israeli TV industry has been dominated by a few major successes like âHomelandâ and âRising Starâ. However, smaller productions in scripted and non-scripted formats are also competing successfully on the international market. Last September, Israelâs first TV formats conference took place in Jaffa, identifying Israeli key assets, their success rate and scouting for new… […]
Yes, the Currency Department published their annual report for 2015, but this is not what caught our attention â it is the little side notes that make money matters interesting, for some even sexy. Fact is that the overall amount of currency increased to NIS 73 billion from NIS 63 billion (2014-2015). Lower interest rates… […]
The Israeli start-up company NiniSpeech won this yearâs Global Innovation Awards 2016 in Beijing. The Haifa-based company with their stutter solution competed against 21 other start-ups from all over the world. Another Israeli company made the second place: AerialGuard also received US $ 200,000 for their autonomous navigation system for unmanned aircrafts. Itâs not the… […]
World-famous Oxford University Press recently teamed up with three Israeli start-up companies to develop educational online products. TinyTap will use Oxfordâs content on its social platform, Total boox enables readers to buy Oxfordâs ebooks on a pay-as-you-read store and Kidoz is a content discovery platform for children. Oxford University Press (OUP)Â is the world’s largest university… […]
Israel is small, the market is even smaller, prices are high and wages low. In other words – best soil for that kind of innovative thinking that led to the wide field of IT that has been dominating the Israeli economy for years now. The big question seemed â is the start-up scene solid enough… […]
When Sharon Tal returned from the US, the fashion designer was ready for something new. âI wanted to create something that would be mine and also bigger than life: a fashion house representing Israeli heritage,â says Sharon. After a career as embroidery expert at Alexander McQueen and being in awe by Kate Middletonsâs wedding dress,… […]
Yael Mevorach is an expert for macro-economics and deputy director of the influential budget department in the Israeli Ministry of Finance. We met her to discuss Israeli economy and the high costs of living… Interview by Katharina Hoeftmann BTL: You have been working in the Israeli Ministry of Finance for more than ten years. Which… […]
This week the Committee for Labor, Welfare and Health passed a new bill in the Knesset that is supposed to lessen the tax burden for single parents in Israel. The ruling, which mainly effects single moms, is supposed to create further incentives for them to join the workforce and will run in a pilot test… […]
A pivotal project is going to revamp the business connections in Israelâs north: from October onwards a 40-mile rail line is going to connect Haifa with a terminal just five miles short of the Jordanian border. The idea of this railway is anything but new â in 1908 the Hejaz railway connected the port of… […]
Internet giant ebay announced their latest purchase: SalesPredict, an Israeli data analysis company that predicts customer buying behaviour and sales conversion. Financial details of the deal were not disclosed however, a number of SalesPredict employees are going to join ebay in Netanya. SalesPredict Co-Founder and CEO Yaron Zakai-Or will serve as Director of Product Management,… […]
Charging batteries of e-vehicles could become yesterdayâs affair if this experiment goes well: Israeli startup âEletroadâ embedded copper chains into a street in northern Tel Aviv. This enables e-vehicles to charge simply by driving on this street via under-the-road electric charging beds that are connected to a power converter. According to ElectRoad the electric lines… […]
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… […]
Israel is heading eastwards, at least when it comes to economic ties. Chocolate giant Max Brenner (Strauss Group) launched their first shop in China this week. The new store in Beijing is the groupâs latest move to gain foothold in foreign markets besides Europe while offering products from the companyâs main production site in Bet… […]
Last weekâs data by the Central Bureau of Statistics is now complemented by an in-depth analysis titled âA picture of the nationâ by the Taub Center for Social Policy Studies, edited by Avi Weiss. The well-written report is not only looking behind the scenes of mere data but drawing conclusions and providing outlooks. The author… […]
It is one of the most anticipated records in the Israeli calendar: each year, just before the country celebrates its independence, the Central Bureau of Statistics presents the countryâs latest statistics. The first numbers date back to the founding year when the country counted 806.000 residents in 1948. Today, the population has risen to 8.522.00… […]
The online platform Israel21c invites guests to an online exhibition that is a must-see â or rather a must-click since each teaser and provocative poster is the gateway to a news worthy story. â18 Ways Israel is Changing the Worldâ spans from cancer sniffing devices to Israelis who help Syrians, latest role models to water… […]
A 14 year-old Israeli teenager is not only a serial entrepreneur but included in Forbes prestigious 30 under 30 list and conference in Israel. It verges on the edge of being intimidating: Itay Pincaâs CV is more than just impressive: Two startups, mobile app developments, press coverage others dream of and yet his rather humble… […]
Most Israelis admit easily that Eilat isnât the most enchanting place on earth. On the other hand the desert city along the Red Sea turns out to be one of the everlasting hot spots for local tourists and internationals alike. This not only boosted the ego of the local Eilatis who love their city â… […]
