Coronavirus cases are on the rise in Israel. As the political drama comes to a close and a government is formed, what is Israel doing to mitigate the impact of this once in a century disaster?
According to the numbers just released by the Israel Bureau of Statistics, Israel has become an incredibly attractive destination. 4.5 million tourists visited the tiny nation in 2019 (a huge number for a country of just 9 million). Compare that with 2.89 million tourists in 2016, and Israeli tourism appears to be having a spate of miraculous growth.
The startup nation shows no signs of slowing down, generating some 1,400 new startups each year with soaring valuations and a healthy growing economy to back them. However, as the list of startups grows, it can be difficult to find those that are truly accomplishing something unique. In this post we detail 5 startups that are truly driving innovation.
In mid-November 2019 Tesla Motors registered a wholly owned Israeli subsidiary and began the process of breaking into the Israeli market. Meetings were set with the Israeli ministries of transportation and energy and a spate of hiring began in Tel Aviv. Yet with such a small market, many wonder if demand will justify Elon Musk’s most recent move.
One rapidly burgeoning meat market megatrend, as it is being called by some, is that of lab-grown meat—no animals yet organically grown meats nonetheless. The trend has already been making waves in recent years, but it’s growth is greatly catalyzed by Tyson’s sizable investment in Israeli biotech, Future Meat Technologies.
U.S. credit card super-company, Visa, has elected to tap into the fintech industries of select countries, and Israel is a primary focal point. The payments giant launched a technology scouting hub in Tel Aviv this month, announcing at the beginning of February that it aimed to add Tel Aviv to a list of cities that make up its collaborative lab operation.