Israel > Snapshot
Israel, a country of roughly 7.5 million and home to Jerusalem, the city that three religions (Christianity, Islam and Judiasm) claim holy, has converted an arid land into a major agricultural exporting economy as well as a high-tech industrial hub. Israel is largely self-sufficient in food production (with the exception of grains and meats) but nonetheless still depends on international markets for inputs such as fuel and military equipment).
Israel, which has the second largest number of start-up companies in the world, is ranked high by many international business components (3rd highest on World Bank Doing Business). Israel’s economy is not only competitive for starting local businesses, it is also easy to invest from abroad in the equity of Israeli companies as the country has the largest number of NASDAQ listed companies outside of North America.
Israel has developed innovative technologies in life sciences, computers, resource conservation and communications and has been labeled the Silicon Valley of the Middle East. Hi-tech companies such as Intel and Microsoft decided to build their first R&D centers abroad, they chose to build them in Israel. Other MNCs, such as IBM, Motorola and Cisco have followed suit.
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Key insights for investment for the local market
How to invest in Israel
How to do business in Israel
How to bank in Israel
Macroeconomic environment.
Microeconomic environment
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- Published:
- October 26, 2009 / 11:30 PM
- Category:
- Middle East
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