MAGAZINE ABOUT LIFE IN ISRAEL

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Japanese Israeli Startup Scene

in Economy & Innovation

The Japanese Israeli relationship is kicking into new gear, as the Japanese External Trade Organization, or JETRO, is dedicating one of its dozen international startup hubs to support Israeli entrepreneurs aiming to grow within the Japanese ecosystem. The Global Acceleration Hub, centered in Tel Aviv, will be a business center of sorts, providing free temporary…

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Red Sea Coral Reef may be Sole Survivor

in Tourism & Nature

While global warming is known to be destroying the lives of coral reefs around the world, the Red Sea is the one place where the hot climate is creating a thriving environment for the underwater garden. A surviving species of coral reef grew naturally in the Bab-el Mandeb straight, which runs between Yemen and Ethiopia,…

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How Mega Mergers Affected the Tel Aviv Stock Exchange

in Economy & Innovation

PepsiCo digested the Israeli powerhouse company of Soda Stream days ago for a whopping $3.2 billion dollars. This means that the company which once helped boost the Tel Aviv Stock Exchange (TASE) will leave the dual market and be placed with PepsiCo at the New York Stock Exchange. A recent announcement from CEO Itai Ben…

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New Israel Tourism Projects on the Rise

in Tourism & Nature

Global tourists contribute over 20 billion New Israeli Shekels to the Israeli tourism industry, and visitors have increased about 25% from 2016 to 2017 alone. Last year brought in 3.6 million tourists, and 2018 is predicted to expect the same if not more. With such an influx of people must come a more supportive infrastructure.…

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Israeli Banks Meet American Law

in Economy & Innovation

Foreigners in Israel are finding banking more troublesome than usual, and it’s not because of the language barrier, careless service or impatient customers. While banking in Israel has had fairly lax standards in regard to where foreign finances have come from, the American banking system, accompanied by the Department of Justice, is now stepping in…

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