MAGAZINE ABOUT LIFE IN ISRAEL

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Economy & Innovation - page 20

Game on: New Technological Realities

in Economy & Innovation/Monthly Report

Israel is small, its 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 – is the start-up scene solid enough…

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Chuzpa meets Fashion

in Economy & Innovation

When Sharon Tal returned from the US, the fashion designer was ready for something new. “I wanted to create something that would be mine and also bigger than life: a fashion house representing Israeli heritage,” says Sharon. After a career as embroidery expert at Alexander McQueen and being in awe by Kate Middletons’s wedding dress,…

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“The social protests were a wake-up call for the government“

in Economy & Innovation

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…

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Government lessens the tax burden for single parents

in Economy & Innovation

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…

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Israeli-Jordanian railway for new trade

in Economy & Innovation

A pivotal project is going to revamp the business connections in Israel’s 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 – in 1908 the Hejaz railway connected the port of…

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