MAGAZINE ABOUT LIFE IN ISRAEL

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Finance

Israel Invests in Foreign Workers Despite High Unemployment

in Economy & Innovation

As citizens suffer from the highest unemployment rate in decades due to coronavirus, Israeli officials authorize hiring 30,000 foreign workers. The Ministries of Labor, Welfare, and Construction have each agreed to import workers, approving the increase of Palestinians from 64,000 workers to 80,000, doubling the migrant workers to over 32,000, and approving work for 700…

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Israel and UAE Celebrate New Peace Ties

in Economy & Innovation

In a major global move on Thursday, the United Arab Emirates and Israel have entered into a peace agreement, with the support of the United States. The UAE is the third Arab country, after Egypt and Jordan, to be on such terms with Israel. In a statement from the White House, it said the two…

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Solar Power Will Save the World

in Economy & Innovation

The Environmental Protection Ministry, supported by the OECD, is urging Israel to move to 40% renewable energy by 2030, despite their previously stated goal of 30%, which is still being pursued by the Energy Ministry. Energy Minister Yuval Steinitz continues to push for gas-powered plants stationed in the Mediterranean Sea, and says that 30% is…

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Food Sales Fly in First Half of 2020

in Life, Culture & Sports

Given the current need to stay home, it’s not unexpected. In the first half of 2020, food sales increased by 9% compared to 2019, meaning an additional NIS 2 billion for the food and beverage industry. With millions of households full, mid-March’s lockdown and another imminent return, plus the closing of bars and restaurants, people…

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Israel’s Current Corona Economy

in Economy & Innovation/Health & Science

 An all-in-one protest hit the Tel Aviv streets last Saturday night gathering 10,000 Israeli residents at Rabin Square, who were rallying for better support during the financially challenging times amidst the ongoing coronavirus crisis. Members from the restaurant world, entertainment industry, social workers, students, and artists were present, who have all been hit hard. There…

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