On 21 August 2014, the Israeli Finance Minister and his German counterpart signed a revised double tax treaty between Israel and Germany.
Israel’s economy has long been heavily reliant on tourism. With the holy sites of Jews, Muslims and Christians, there is an almost unlimited tourist potential. For decades, the tourist industry has focused on group tours, travel packages and generic activities, with a small niche catering for high-end luxury travel. But in the past few years, a new breed of tourism providers has emerged, catering to budget travelers, independent backpackers and those alternative tourist experiences.
The Chief Scientist Office in the Israeli Ministry of Economy has long been seen as a model of success. Aiming to foster economic growth through technological breakthroughs, cutting-edge research, innovations and entrepreneurship, the office regularly gives out grants in the form of low-risk loans, only demanding the investment money back if the project is successful and financially viable.
How will the world cope with 10 billion mouths to feed by 2050? How can the same amount of food be produced in the next 40 years as in the last 8,000 years, on less agricultural land? How can malnutrition, which now causes more deaths than malaria, tuberculosis and AIDS combined, be prevented? These are the questions which are starting to trouble policy makers around the world, and technological solutions are being eagerly sought. A number of Israeli companies are tackling the problem of food production from different angles.