Unemployment

Israel’s unemployment rate fell to 4.3%; the Bank of Israel’s foreign currency reserves exceeded $100 billion for the first time ever; 69% of all electricity produced in Israel now comes from natural gas, and much more!

Israel smart city

The Israeli innovation pavilion at the Innovative City Conference in Nice included numerous technologies; Eleven Israeli general hospitals and two psychiatric hospitals are to convert to natural gas, saving millions, and much more.

Workers on the Israeli 'Tamar' gas rig

Economic gains from the Tamar natural gas field canceled out losses from Operation Protective Edge and contributed to a massive increase in the GDP.

2013 in Israel

From the economy to security to developments in the hi-tech industry and the beginning of natural gas sales, there was a lot to celebrate in Israel in 2013.