MAGAZINE ABOUT LIFE IN ISRAEL

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Economy - page 2

Israeli Banks Meet American Law

in Economy & Innovation

Foreigners in Israel are finding banking more troublesome than usual, and it’s not because of the language barrier, careless service or impatient customers. While banking in Israel has had fairly lax standards in regard to where foreign finances have come from, the American banking system, accompanied by the Department of Justice, is now stepping in…

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Plastic Usage in Israel is Rising

in Economy & Innovation

In just four years, Israel’s plastic tableware consumption has grown by 51%. In 2014, sales were estimated at $124 million and in 2018, sales rose to $187 million. Despite the many environmental concerns and green initiatives from both governmental and private organizations, the growing statistic and reality is scary, and it’s not slowing down. Companies…

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Teenage Girls Advance in Tech Industry

in Economy & Innovation

The next generation of entrepreneurial women is in rapid development thanks to female entrepreneurs creating opportunities which didn’t exist when they were young girls. For the many women working and leading their own way in technology, a number of projects have risen to support the intellectual and emotional development lacking in most standard female education…

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Haifa Public Transport Flashes Forward

in Economy & Innovation

Haifa’s public transport system is receiving a big upgrade. With the recent opening of the new central bus station, a freshly renovated train station and up and coming cable cars, Haifa will step into a more central role.   The central bus station, spanning 20,000 kilometers is not yet fully compete but will operate as…

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Israel is Steering Smart Transit Forward

in Economy & Innovation

Israel is taking smart transportation seriously. The Transportation Ministry and Israel Innovation Authority are working together to dedicate upwards of $8 million dollars annually to promote and provide ways to advance smart transport. The collaborative forces are boosting Israel to the next level by shifting their infrastructure to support the fast-paced innovations and technologies rolling…

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