Zum Thema: Economy

Israel has the Global Water Solution

Water is an absolute necessity to all humans, but for one third of the planet, clean water is the ultimate luxury. Perhaps for those whose most basic need is met, access to water does not demand attention as it’s a clear given. However, for the 35% of people across the world without access to water,… […]

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… […]

Israel is Only a Teenager

Seventy years is like being a teenager for a new country. For a growing country like Israel who is celebrating her 70th year in existence, there are many ways to measure her growth. Simple statistics, like how Israel was only 800,000 residents in 1948 and today is home to over 8 million souls is astounding.… […]

Tel Aviv made top ten most expensive cities

Tel Aviv has been confirmed as the ninth most expensive city in the world according to the Worldwide Cost of Living Report 2018, quickly moving up in the past 5 years from 34th place. As Tel Aviv has made its way into the top ten most expensive places to live, both New York and Los… […]

Israeli tourism boom challenges industry

The Holy Land has never been hotter, and the tourist industry isn’t ready for it. Thanks to large efforts from the Israel Ministry of Tourism, the Open Skies Agreement, and the relatively peaceful state since summer 2014, a steady stream of tourists want to explore Israel – and surprisingly, tourist hot spots and its guides… […]

Israel Goals: No Fossil Fuel by 2030

Today Israel runs on 70% natural gas, and by 2030, Energy Minister Yuval Steinitz plans to eliminate the use of fossil fuels entirely from the Israeli repertoire.  Steinitz plans to ban the import of diesel-based cars in just over a decade, and forecasts that by 2030, Israel will run on 80% natural energy and the… […]

Israeli law revised to feed needy

With over two million Israelis living beneath the poverty line, and just about a third of the country’s food being thrown into the trash, there is one major issue blocking the creation of a sustainable solution – the legal system. For restaurants, event halls, hotels and other food institutions, who could potentially donate unused food… […]

Israeli Water Crisis Strikes Again

Pray for rain and ration your water. Take shorter showers and don’t water your gardens. Save the Kinneret! Most people with Israel in their periphery have heard these phrases, which had become a deeply ingrained belief in Israel’s relationship with water, or lack thereof. A decade ago, the Israeli government started an awareness campaign called… […]

How Banks and Bitcoin Get Along

Not surprisingly, banks and Bitcoin aren’t getting along. In the most recent flurry of financial mayhem, droves of peoples are buying Bitcoin, and the banks around the world are not on board. The Bank of Israel stated that they will not recognize cryptocurrencies as legitimate currency, and it is currently considered a digital asset. While… […]

Jerusalem to Tel Aviv Train is a Smooth Ride

The seven-billion-dollar project which has been in the works since 2001 is finally moving, and Israel Katz, the Minister of Transportation took the express train from Tel Aviv to Jerusalem for its first test drive on Tuesday. The train only drove a short ride before proving how much more quiet and comfortable an electric engine… […]

Will Supermarkets be forced to shut on Shabbat?

The Supermarkets Law is a new legislation presented by the Ultra-Orthodox Shas party in the Israeli government. The law is up for a vote, and if voted favorably, would allow the government to authorize that all supermarkets and convenience stories throughout Israel be closed on Shabbat, from Friday evening to Saturday evening, with the exception… […]

Israel Population Almost 9 Million

On the eve of 2018, the Central Bureau of Statistics published data announcing the state of Israel’s current population, which stands at 8,793,000. The population grew by 165,000 since 2016, due to 180,000 babies being born and 44,000 deaths. The Jewish population makes up about 75% of the total population, while about 21% of the… […]

Teva under fire for layoffs

Born in 1951, Teva Pharmaceuticals has since grown into a multinational pharmaceutical giant. Headquartered in Israel and with locations in Europe and North and South America, Teva is in a time of crisis. Since the death of Teva’s “father,” Eli Hurvitz, in 2011, the company has declined in many ways, and with new CEO Kare… […]

The SocialTech Revolution is Here

Imagine being able to save six billion male baby chicks from dying every year? Because they don’t lay eggs and cannot be used for poultry, billions of baby chicks are murdered and discarded annually. An Israeli startup, eggXYt, aims o save the chicks and found a solution which saves money and lives, decreases waste, and creates exponential… […]

People are tired of political corruption

  People are seemingly sick and tired of power driven greed and corruption running rampant through politicians’ veins, and 2017 has seen thousands of civilians protesting the streets of Israel, marching both for their rights and what is morally right. The latest protest was held last Saturday, December 9, where protesters gathered in Tel Aviv… […]

Solar Energy Can Benefit All

Three years ago, the Energy Ministry and Electric Authority of Israel set a goal to produce 10% of Israel’s power from alternative energy sources by 2020. Due to their own restrictive rules, however, only about 2% of Israel’s electricity is currently being produced by solar and wind sources. The institutions, in support of their prior… […]

Amazon Landing in Israel

Given the large and hopeful demands by Israeli consumers, Amazon is considering setting up a shipping center in Israel. The online retail giant has numerous teams on site, both Israeli and international, to scope the logistics of what this would mean. A real estate team is inquiring about possible warehouse locations, and a shipping center… […]

Mothers moving forward together

Working women across the world endure everlasting issues regarding wage gaps, unfair discrimination, and gender-biased judgement. In Israel, which has the highest percentage of working women in the world, women are also forced to field questions about their age, relationship status, and when they want children. These conversations aren’t had with a friend over coffee,… […]