MAGAZINE ABOUT LIFE IN ISRAEL

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Economy & Innovation - page 13

Israel’s universities reach out

in Economy & Innovation

A new shift in the Israeli academic landscape is about to have a major impact on the university’s future. While bi-lateral academic research projects have been going on for decades – more recently there has been a push to establish joint programs with other universities. Cornell Tech is the latest addition to an impressive list…

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First trust fund for every child

in Economy & Innovation

The National Insurance Institute’s Administration is going to introduce a plan called ‘Savings for every child’ on January 1 2017. The plan will enable everyone reaching age 18 to begin their adult life with NIS 20,000 in the bank. “The new trust fund for every child will go a long way to narrow the social…

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#1: Silicon Valley #2 Israel

in Economy & Innovation

Alphabet’s Eric Schmidt considers Israel No 2 worldwide when it comes to initiating start-ups. The former Google chief and now executive chairman of Google’s parent company sees the local start-up scene pretty much unparalleled apart from the established US technology hub. “For a relatively small country, Israel has a super role in technological innovation,” he…

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Third Microsoft Israel R&D Centre

in Economy & Innovation

Microsoft goes North with their new research and development centre in the Galilee city of Nazareth. The third R&D centre of the giant software enterprise is going to employ around 50 people, bringing the number of Microsoft employees in Israel (Haifa, Herzliya and now Nazereth) to 1000. ‘The new site is an additional step in…

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Israeli Startup tests first electric road

in Economy & Innovation

Charging batteries of e-vehicles could become yesterday’s affair if this experiment goes well: Israeli startup ‘Eletroad’ 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…

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