MAGAZINE ABOUT LIFE IN ISRAEL

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Economy - page 9

Mini Ambulance Means Quicker Response Time

in Health & Science

The world’s first mini medical ambulance is on the loose in Israel, and it can go places which are impossible for other safety vehicles to access. The United Hatzalah purchased four narrow, electric and fully equipped ‘mini-lances’ which can trek upstairs and through narrow alleys, sidewalks and streets. The innovative smart cars were purchased for…

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Population on the 1.9% Rise

in Economy & Innovation

The Israeli population is growing rapidly. In the past year, the Central Bureau of Statistics recorded a rise in population of 156,000 people. With a secure motherhood culture, perhaps parallel to the fact that Israel has the highest fertility rate according to the OECD, over 172,000 babies were born in the past year, and 43,000…

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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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