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Women Team Up to Challenge Wage Gap

in Economy & Innovation

A group of women have teamed up to challenge the wage gap in the Israeli high tech industry. The average woman in the United States gets paid 20% less than a man in the same position and with the same skill set. In the high tech industry and specifically in Israel, the difference in wage…

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The Far East Just Got Closer

in Economy & Innovation/Tourism & Nature

Thanks to epic efforts to increase travel and tourism to Israel, the newest direct flight from Hong Kong recently landed at Ben Gurion Airport on Saturday. Cathay Pacific, which has won the title of World’s Best Airline four times, is one of many new airlines who has created a direct flight option to the small…

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Israeli Economy is Doing Good

in Economy & Innovation

Dr. Karnit Flug, Governor of the Central Bank of Israel, recently presented a 2016 report, and based on the numbers, the economy is doing quite alright. She mentions that Israel’s GDP grew 4% over the last year, full employment has been maintained, and there has been an increase in salary. The steady drive of the…

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Apple acquires Israeli Facial Recognition Software

in Economy & Innovation

The fourth time is the facial recognition charm. The giant US corporation, Apple Inc, has acquired RealFace, an Israeli invented software with built in facial recognition. This is the fourth time that Apple has hit the Israeli market to snatch up a genius software, and they report spending about $2 million dollars. RealFace is a…

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Israel Leads in Corporate Social Responsibility

in Economy & Innovation

The first ever corporate social responsibility (CSR) conference is being held in Israel this week. A natural born leader when it comes to environmental sustainability and innovation, Israel was named Top Innovator in Clean Technology by the Global Cleantech 100 Index, and is continuing to lead the world in its CSR endeavors. While many companies…

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