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Economy & Innovation - page 23

Self-Driving Cars Hit the Road

in Economy & Innovation

A new stretch of highway near Herzliya, Israel is closed, not for construction, but for innovation. Five companies have taken over Road 531 to start testing their various self-driving car technologies. The 1.5-kilometer highway has three lanes in both directions and will be closed for two months while the companies are conducting trials. The Ministry…

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Population on the 1.9% Rise

in Economy & Innovation

The Israeli population is growing rapidly. In the past year, the Central Bureau of Statistics recorded a rise in population of 156,000 people. With a secure motherhood culture, perhaps parallel to the fact that Israel has the highest fertility rate according to the OECD, over 172,000 babies were born in the past year, and 43,000…

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Are Housing Prices in Israel Going Down?

in Economy & Innovation

Real estate in Israel is a fierce market due to the highly limited space and increasingly high demand. The Central Bureau of Statistics has recently rolled out some surprising news – housing prices dropped by about 24% since the same time last year. According to the report, housing prices fell as much as 16% in…

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Diamonds are Going Digital

in Economy & Innovation

A new digital currency is hitting the market, and its being backed by the Israel Diamond Exchange, or IDE, located in Ramat Gan, Israel. The Diamond Exchange is collaborating with a new digital currency startup, Carats.IO, which has created an updated framework for trading digital coins, backed by diamonds and based on Diamond Exchange data.…

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Tel Aviv Ignites with Innovation Fair

in Economy & Innovation

Since 2013, thousands of innovators have gathered in Tel Aviv to connect, create and meet at the DLD Innovation Fair. On its fifth consecutive year, the event is set to welcome thousands of people, about 120 delegations from across the world, and hundreds of global startups. With dozens of events hitting Tel Aviv city, attendees…

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