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Country Profile: Israel
Fact FileCapitalJerusalemOfficial languagesHebrew, ArabicAreaTotal 1 20,770 / 22,072 km2Population(2009est) 7,282,000CurrencyIsraeli New Sheqel |
Overview
Israel is a country in the Middle East located on the eastern shore of the Mediterranean Sea. It borders Lebanon in the north, Syria in the northeast, Jordan in the east, and Egypt on the southwest. Also adjacent are the West Bank to the east and Gaza Strip to the southwest, Israel is the world's only predominantly Jewish state.
Business Development
Israel is known globally for their economy and technological advancement. The nation can boast that it has more startup companies than any other country in the world, except for the United States, it also has the most companies listed under the NASDAQ stock exchange, outside of North America. Furthermore, Israel has one of the highest GDP's and per capita incomes of any country in the world.
Technological Advancements
The nation of Israel has the highest literacy rate in Asia and also can boast that it has the longest school life-span of any nation in Asia, though it is tied with Japan for this accomplishment. Israel has a vast infrastructure of public private and religious schools, all of which have extremely high educational standards.
Cultural Background
The nation of Israel has a very diverse and rich cultural background, mainly because of the melting pot of nationalities that exist in the Jewish state of Israel. The nation also closely follows the Hebrew calendar, as it is their official calendar. It is also the only country in the world to officially follow the Hebrew calendar, with Saturday, the Jewish Sabbath being their rest day.
Future Outlook
In the future, Israel looks to expand its already booming economy and will also look to continue its rich cultural heritage. Israel already has one of the most successful and prosperous economies in the world and they look to continue this trend in the future. Also Israel has become a leader in the Middle East and Asia as well, they have recently begun research to further develop renewable forms of energy, such as wind, solar and hydroelectric.
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