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Monthly Archives: January 2023
Tourist numbers surge
Over 2.6 million foreign tourists visited Israel in 2022, compared to 397,000 in 2021 and 831,000 in 2020, during the Covid-19 pandemic. Israel opened its borders to tourists in Mar 2022 and all restrictions were dropped in May. Israelis enjoyed … Continue reading
Posted in Economy & Business
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Unemployment falls to 4.1%
Israel’s rate of unemployment fell in November to 4.1% from 4.3% in October. The fall was mainly due to the rise in workforce participation to 60.6% (60.3% Oct). https://en.globes.co.il/en/article-despite-slowdown-unemployment-in-israel-falls-1001433181
Posted in Economy & Business
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Israel’s resilient economy
Excellent short article by Prof. Micheal Humphries of the Jerusalem College of Technology and Touro College Israel. He gives six key reasons why (except for 2020 – Covid), Israel has had positive economic growth every year since 2003, including during … Continue reading
Posted in Economy & Business
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Eros C-3 launched
Israel’s ImageSat (see here previously) successfully launched its EROS-C3 observation satellite into space from a SpaceX Falcon 9 rocket at Vandenberg Space Force Base in California. Built by Israel Aerospace Industries, the EROS-C3 is one of the world’s most advanced … Continue reading
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Israel’s quantum consortium
Israel’s Innovation Authority is investing NIS 115 million over 3 years to create the largest consortium in its history. IAI’s Elta Systems, Quantum Art, Classiq, Qedma, and Rafael will develop some of the most advanced quantum computing processor technologies and … Continue reading
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Cybersecurity startup is cool
Israel’s accSenSe has been named a “Cool Vendor” in Gartner’s Identity-First Security category. Gartner Cool Vendors are chosen if they have innovative and transformative products, services or initiatives. accSenSe enables customers a fast recovery after a major security breach. https://www.globenewswire.com/en/news-release/2022/12/07/2569543/0/en/accSenSe-Named-a-2022-Gartner-Cool-Vendor-in-Identity-First-Security.html … Continue reading
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Green light for Begin Highway cover
Jerusalem has approved a NIS 1.5+ billion plan to cover the Begin Highway. The highway cover will include a 14.25-acre park with pedestrian access but no vehicles. It will create over 50 acres of new land for thousands of homes, … Continue reading
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Don’t forget to drink
Israel’s Impacx (previously water.io) has developed a smart water bottle that illuminates and vibrates to encourage people to stay hydrated. Impacx also makes smart medicine boxes that remind people to take pills, auto-replenishing them and generating valuable medical data. https://nocamels.com/2023/01/vibrating-water-bottle-reminds-users-to-drink/ … Continue reading
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Healthy processed foods
Teams from Israel’s Technion Institute competed in the “Foods Solutions” event in Brussels, funded by the European Institute of Innovation and Technology. One Technion team won gold, with their nutritious, freeze-dried, instant vegan omelet. Another won silver with a chickpea, … Continue reading
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Bioplastic and more from food waste
Israel’s TripleW (see here previously) is now in full production on an industrial scale at its new facility in Belgium. It is converting massive amounts of food waste into biodegradable plastic plus biogas for energy production. Watch the video for … Continue reading
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