MAGAZINE ABOUT LIFE IN ISRAEL

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Economy & Innovation - page 5

Vertical Urban Farming on the Market

in Economy & Innovation

A new trend is growing, and it serves the intersection of sustainability, sales, and supermarket consumers. After a successful trial period with Israel’s largest supermarket Rami Levy, Israeli startup Vertical Field has entered a long-term partnership and will expand its “living walls” to more supermarkets in the chain. Vertical Field, founded in Ra’anana in 2006,…

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ReMilk Reimagines Dairy Products – Raises $11.3 million

in Economy & Innovation/Health & Science

Imagine having a glass of dairy milk without needing a cow. Remilk is reimagining dairy products and how they are produced. The Israeli company recently raised $11.3 million dollars in their first investment round and speaks to the rising market for plant and animal alternatives. The team has uncovered a way to use only 5%…

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Over 300 Ethiopian Jews Land in Israel

in Economy & Innovation

After some 15 to 20 year wait, a group of over 300 Ethiopian Jews arrived at Ben Gurion Airport in Israel on Sunday. About 200 more are expected to arrive by end of January, with thousands more still waiting for permission to emigrate to Israel. The new immigrants landed with Pnina Tamano-Shata, Israel’s Immigration Officer…

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Corona Crisis: Financial Security Troubles While Malls Overcrowd

in Economy & Innovation

Adopting Black Friday shopping tradition from American culture, thousands of Israelis stood in line as a sample size of 15 malls re-opened for the first time since mid-September. With only 10 customers allowed per store, lines were massive. Opening malls is part of a pilot plan to determine whether it is safe given COVID-19. Due…

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Israeli Economic Damage May be Minimal

in Economy & Innovation

A recent report by the International Monetary Fund (IMF) finds that the Israeli economy is expected to recover rapidly, despite the corona crisis. Entering COVID-19 circumstances from a place of strength support the idea that stability will return come 2021, despite the high levels of uncertainty emanating daily. Due to the quick action of the…

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