Economy

n In 1965, when I visited Tel Aviv for the first time, it sported the newly completed Shalom Tower. The majestic skyscraper stood 34 floors high and was said to be the tallest building in Israel and the Middle East — a...

DLD Tel Aviv 2019 DriveNets announced today that it plans to open a R&D center in Romania. The Raanana-based networking company entered into this endeavor together with Tellence. DriveNets recently closed a $117 million Series-A round of financing. In making the announcement, Ido...

Mega Tel Aviv Last month, I did a price comparison between McDonald's in the United States and McDonald here in Israel. As we saw, Israeli prices are often twice, or more, than comparable items in the US McDonald’s.  This month,...

Everyone talks about the enormous cost of just about everything in Tel Aviv (and in Israel, in general). So, as an experiment, I decided to compare prices in one very specific sector — i.e. American fast food. For many years, economists loved...

Apple Headquarters in Herzilia There are many reasons why Prime Minister Benjamin Netanyahu was re-elected, despite all of his legal troubles, and notwithstanding a formidable group of former generals running against him. However, the most significant reason why Netanyahu was re-elected for his...