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Israel Leads Industrial Revolution Forward

in Economy & Innovation

Dubbed Industry 4.0, Israel is supporting the advancement of the fourth industrial revolution, according to the Israel Innovation Authority. A country known for its global contribution to research and development, cybersecurity, green tech, smart transport, and more, is naturally positioning itself at the top of the driving forces of the next industrial revolution, which is…

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El Al Airlines Struggles Amidst All-Time Travel Lows

in Economy & Innovation/Health & Science/Tourism & Nature

As a result of the global coronavirus pandemic, Israel’s largest airline carrier has suspended flights to a number of destinations. In addition to China, Hong Kong, and Thailand, the airline has also stopped flights to Japan and Italy, which have all been impacted with the COVID-19 virus. With the rising numbers of infections, and the…

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Moovit Drives Public Transit Forward in 100 Countries

in Economy & Innovation

The popular Israeli transit app, Moovit, is expanding globally, and will now serve over 720 million users in over 100 countries in 6 continents. The app, which launched in 2011, allows for individuals to see real time public transport updates, and navigate their way around cities based on the various public transport choices. While the…

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Israeli Aircraft Flies Over Sudanese Air Space for First Time

in Economy & Innovation

In its inaugural journey, an Israeli airplane flew over Sudan for the first time en route to Kinshasa in the Congo. In the past, Israeli aircrafts have been forbidden to fly over African countries, forced to land in Jordan or another country so that they are not logged as Israeli flights. However, after a recent…

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Products in Israel Cost 28% More than Global Average

in Economy & Innovation

According to the Central Bureau of Statistics, inflation in 2019 has only increased by 0.6%, which falls extraordinarily below expectations, which were predicted to increase between 1-3%.  In fact, for the past six years, Israel has not met its expected inflation rates, frustrating banks, economists, and creating a data-driven mess for the Israeli economy. With…

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