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Economy & Innovation - page 23

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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eBay buys Israel’s SalesPredict

in Economy & Innovation

Internet giant ebay announced their latest purchase: SalesPredict, an Israeli data analysis company that predicts customer buying behaviour and sales conversion. Financial details of the deal were not disclosed however, a number of SalesPredict employees are going to join ebay in Netanya. SalesPredict Co-Founder and CEO Yaron Zakai-Or will serve as Director of Product Management,…

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New Israeli Innovation Center

in Economy & Innovation

The list of keynote speakers at the opening ceremony of the new Israeli Innovation Center couldn’t be more sophisticated: former President Simon Peres, President Reuven Rivlin and Prime Minister Benjamin Netanyahu are going to inaugurate the new think-thank at the Peres Center for Peace in Tel Aviv-Yafo. With the actual innovation center being actually opened…

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Mobileye joins Intel and BMW

in Economy & Innovation

Israel’s widely acclaimed Mobileye is going to collaborate with Germany’s BMW and Intel. Their joint aim is to develop self-driving vehicles ready for production by 2021. The development target is to reach a so-called ‘mind off’ level where drivers take their hands off the steering wheel and use the time in their car to work…

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