MAGAZINE ABOUT LIFE IN ISRAEL

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Economy - page 5

Six Criminals Escaped Israeli Prison

in Economy & Innovation

“Some of the state’s systems have degenerated in recent years and have to go through processes of optimization, repair, and striving for excellence,” spoke Prime Minister Naftali Bennett after six Palestinian criminals escaped the Gilboa Prison last Monday, September 6.  The prisoners shared a cell and dug a tunnel from the inside out, spotlighting the…

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Israel and Arab Trade Exponentially Increase

in Life, Culture & Sports

Since the Abraham Accords were signed by the United Arab Emirates in 2020, trade deals between Israel and the signed Arab states have skyrocketed. According to numbers from the Central Bureau of Statistics, trade with the UAE grew by 234% in the first seven months of 2021, compared to the first seven months of 2020.…

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New Solar Energy Field to Battle Climate Change 

in Economy & Innovation

In a bid for what may become the largest solar energy field in Israel, nine proposals from 11 companies have been submitted to the Finance and Energy Ministries. The new project comes on Israel’s immediate need to reduce greenhouse gases, and increase its renewable energy use, and Energy Minister Karin Elharrar says that “The Israeli…

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Budget Approval Needed for Israeli Reforms 

in Economy & Innovation

It’s a wonder how Israel remains in somewhat economically good standing, given that it hasn’t functioned with an approved budget for the last three years. The past two years were null due to the political standstill. The last budget approved was in 2018 for the following year.  With the new government, a 2021/2022 budget ($187…

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Fourth Coronavirus Wave Returns to Israel 

in Health & Science

Coronavirus numbers are over 6,000 affected, the highest in six months. As fear of a fourth national lockdown takes hold, the government is tightening public freedoms once again, especially given the upcoming Jewish holiday season, and the school year set to start on September 1.  The current coronavirus czar Salman Zarka has called on everyone…

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