Economy | Israel - Between The Lines - Part 44

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Economy - page 44

Egged wins the Tel Aviv Red Line

in Economy & Innovation

With only three runners in the transit game, Egged took home the Red Line win when it becomes the first official operating line in the upcoming Tel Aviv Railway system. The massive public transport infrastructure is only one year into building, and daily efforts are steadily steaming forward to a timely start in 2021, reports…

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First Ultra-Orthodox VC Fund Opens

in Economy & Innovation

The Ultra-Orthodox community of Jews is expanding their own horizon and aiming to move away from focusing solely on the high holidays – by taking strides into high tech. 12angels is the first official investment fund for Israel’s Ultra-Orthodox, or Haredi, community. The fund aims to raise $5 million dollars and is dedicated to entering…

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Drones are the new delivery dream

in Economy & Innovation

The future has arrived, and it’s being delivered by a squad of drones, or an octocopter dubbed the “Mule.” Enter Flytrex, an Israeli company which provides tailored technology for individuals and businesses who want to offer quick deliveries at a lesser cost, and with the swipe of a smartphone. Founder and CEO, Yariv Bash, was…

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Women Lead in Life Science Industry

in Health & Science

Biotechnology is booming, and women are leading the way. The ratio of women to men in the bio-medical industry in Israel is about 70-30. Based on the large number of women who have been educated in the life sciences, the field is being dominated by women. In addition, the life science industry appreciates experience, education…

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Israelis are going places

in Tourism & Nature

Israelis are flying high, both literally and figuratively. Since the Open Sky Agreement, or “Open Skies,” between Israel and the European Union was signed in 2013, the number of Israelis travelling abroad has increased by 85%. Between January to May of 2017, over 2.2 million Israelis have taken flight. Compared to the same time period…

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