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Economy & Innovation - page 2

Self Driving Cars on Tel Aviv Road

in Economy & Innovation

Self driving cars have officially hit the road. Yandex, a Russian tech company with a fleet of autonomous cars, was given approval to test the autonomous cars in a northern part of Tel Aviv. The technology, comprised of aspects of computer vision, machine learning, and cloud technologies, was tested for the fifth time in an…

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Unemployment Low, Poverty Gap Remains High

in Economy & Innovation

Income for Israelis is finally on the rise after years of almost stagnant salaries, shows a report released by the Taub Center. Between 2012 and 2016, household disposable income increases 16% for middle class households, 13% for lower class, and 9% for upper class. The average income today falls at NIS 11,400 while the minimum…

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SodaStream hosts Ramadan meal for Arab and Jewish workers

in Economy & Innovation/Life, Culture & Sports

Two thousand SodaStream employees and families, Arab and Jewish, gathered on Monday evening to honor breaking the fast of Ramadan, an epic attempt to nurture an “island of peace” amidst the sea of conflict in the Middle East. The celebration took place in SodaStream’s Rahat factory, marking the end of the 40-day fast that practicing…

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Sde Dov Airport Slated to Start Closure July 

in Economy & Innovation

Operating since 1938, the Sde Dov Airport is slated to shut down full operations by November 2019, beginning with its military operations in July. Named after Dov Hoz, a Jewish pioneer of aviation, the reconstruction of the airport has been initiated by Israel Land Administration. It has been approved by the Tel Aviv District and…

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Education Reform Must Be Prioritized in Israel

in Economy & Innovation

Israel’s education system is failing, and its largely due to its lack of a standard education curriculum. A recent policy brief by Dan Ben-David, an economy professor at Tel Aviv University and Founder of the Shoresh Institution for Socioeconomic Research, explains a grim future for children, and Israel overall, should education continue to be dismissed…

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