MAGAZINE ABOUT LIFE IN ISRAEL

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Israel Tourism Industry Fails To Fly

in Tourism & Nature

As Omicron infiltrates conversation and population, Israeli authorities have decided to shut down its borders and bar entry of foreigners from a growing list of 50 countries. The announcement came as a shock to many, whose livelihoods depend on tourism, which turned to anger when Finance Minister Avigdor Liberman said that tour guides and travel…

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Israeli Unicorns Doubled in 2021

in Economy & Innovation

Israeli technologies are flying up, with 33 new Unicorns “born” this year alone, which means startups that are valued at over $1 billion. In 2020, there were only 20 Israeli unicorns. The three dominating sectors are fintech, cybertech, and tech infrastructure, which have led the way bringing in a total of $24.5 billion in the…

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Tel Aviv Most Expensive City in the World

in Economy & Innovation

According to the Economist Intelligence Unit, Tel Aviv surpassed Paris, Singapore, and New York, jumping into first place as the number one most expensive city in the world. Supported by the strength of the New Israeli Shekel and the rising transport and grocery prices, the white city has reached a new economic peak, and not…

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Israel’s Borders Close Again

in Tourism & Nature

With less than 200 cases of new COVID variant Omicron worldwide, and a fourth case confirmed in Israel, the country has chosen to bar entry from tourists for at least the next two weeks despite just having reopened its borders.  An official statement released on Saturday says that vaccinated or recovered Israelis will be required…

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Israel and Jordan Sign Solar and Water Deal 

in Economy & Innovation

After recent meetings between Israeli and Jordanian Energy Ministers in the UAE, an agreement was made and signed to build a major solar power plant in Jordan, that will generate electricity for Israel, and a desalination plant in Israel that will supply water to Jordan.  The declaration of intent was signed by Israel on Monday,…

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