MAGAZINE ABOUT LIFE IN ISRAEL

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Are Housing Prices in Israel Going Down?

in Economy & Innovation

Real estate in Israel is a fierce market due to the highly limited space and increasingly high demand. The Central Bureau of Statistics has recently rolled out some surprising news – housing prices dropped by about 24% since the same time last year. According to the report, housing prices fell as much as 16% in…

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Diamonds are Going Digital

in Economy & Innovation

A new digital currency is hitting the market, and its being backed by the Israel Diamond Exchange, or IDE, located in Ramat Gan, Israel. The Diamond Exchange is collaborating with a new digital currency startup, Carats.IO, which has created an updated framework for trading digital coins, backed by diamonds and based on Diamond Exchange data.…

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Unemployment Rate in Israel Lowest Ever

in Economy & Innovation

Working steadily to push Israel’s unemployment rates below 4% is Moshe Kahlon, Finance Minister, who saw a drop from 4.3% to 4.1% just one month ago, from June to July. While around 20% of the population lives below the poverty line, the economy seems to be fulfilling what it can – creating more jobs to…

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Electricity Rates are Dropping 3%

in Economy & Innovation

Household electricity rates in Israel are high. After a recent push from the Public Utilities Authority, they are looking to create a change and solve some fundamental issues within the electricity sector. Though the new changes will only decrease the annual household spend by about NIS 120 per year, the move is the first step…

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Israel is driving Eco

in Uncategorized

Cities from north to south are taking measures to conserve environmental resources, decrease pollution, and support the latest wave of smart transportation. Due to continuous growth of the Israeli population and as a result of the number of cars and buses on roads, municipalities across the state of Israel are establishing efforts to prevent further…

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