MAGAZINE ABOUT LIFE IN ISRAEL

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Economy & Innovation - page 5

Innovating Israel’s Transport Infrastructure

in Economy & Innovation

Travel, from big to small missions, is being impacted and continually optimized by artificial intelligence. One of the major obstacles to living and driving in Israel is traffic. Busy roads during all times of day can add 60-120 minutes to any journey. As more people head into Tel Aviv as the urban center for work,…

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American-Israeli Professor Wins Nobel Prize in Economics

in Economy & Innovation

Last Monday saw The Nobel Prize in Economic Sciences from the Nobel Institute granted to Israeli-American professor and economist Joshua Angrist, alongside two others Guido Imbens and David Card. The trio was awarded the esteemed prize for pioneering the use of “natural experiments” or real-life situations, to understand the causal relationship between economic policy and…

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Egypt’s First Commercial Flight Lands in Israel

in Economy & Innovation

For the first time ever, an EgyptAir aircraft laid with the Egyptian flag landed at Ben Gurion Airport on Sunday, October 3. The landing was the first kickoff of a new commercial flight between Israel and Cairo which will run four times a week. While travel has occurred between the two neighbors since the 1980s,…

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Startup Nation Led by 6% of Population

in Economy & Innovation

A recent study found that Israel’s hi-tech industry, while made up of over 335,000 people, is led by about 20,000 people, or 6%. The study by Sparks Consulting shows that Israel has done a stellar job marketing itself as the startup nation, and its position as a tech giant is valid; however, only a handful…

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EU Agreement with Israel’s Green Passport

in Economy & Innovation

A recent Foreign Ministry of Israel announcement stated their agreement with the European Union, where both Israel and the EU will accept the others vaccination certificates, easing the traveling process, and providing a hopeful return to tourism.  The agreement will be built on a technology infrastructure that transfers information between countries to ensure vaccination certificates…

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