MAGAZINE ABOUT LIFE IN ISRAEL

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Economy & Innovation

Egged wins the Tel Aviv Red Line

in Economy & Innovation

With only three runners in the transit game, Egged took home the Red Line win when it becomes the first official operating line in the upcoming Tel Aviv Railway system. The massive public transport infrastructure is only one year into building, and daily efforts are steadily steaming forward to a timely start in 2021, reports…

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First Ultra-Orthodox VC Fund Opens

in Economy & Innovation

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 Israel’s Ultra-Orthodox, or Haredi, community. The fund aims to raise $5 million dollars and is dedicated to entering…

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Drones are the new delivery dream

in Economy & Innovation

The future has arrived, and it’s being delivered by a squad of drones, or an octocopter dubbed the “Mule.” Enter Flytrex, an Israeli company which provides tailored technology for individuals and businesses who want to offer quick deliveries at a lesser cost, and with the swipe of a smartphone. Founder and CEO, Yariv Bash, was…

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New Aquarium floats into Jerusalem scene

in Economy & Innovation

Jerusalem is expanding its cultural offering even further, and is now taking us all under the sea. The first official aquarium is opening at the end of July in Jerusalem. The aquarium building will be housed on the same land as the Biblical Zoo, and will house a variety of sea creatures and species. With…

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Bye Bye, Binary Options

in Economy & Innovation

It’s not often a government shuts down a multi-billion-dollar business, but in the case of the corrupt binary options industry, the Israeli government has approved a nationwide ban. The binary options business has been around for a decade and has long been known for its fraudulent and financial scamming, and overall “unkosher” business practices. Only…

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