New Aid Organization Distributes Food in War-Ravaged Gaza
About the Organizations Mentioned
TEL AVIV
**Tel Aviv-Yafo** is a dynamic city in Israel recognized as a global center for **business, technology, and culture**. Founded in 1909 by Jewish families from Jaffa, it merged formally with Jaffa in 1950 to become Tel Aviv-Yafo, combining ancient history with modern innovation[4][7][9]. Today, it stands as Israel’s economic and high-tech powerhouse, hosting nearly 40% of the country's finance and banking sector and the nation's only stock exchange[7]. Tel Aviv is renowned for its **thriving startup ecosystem** and entrepreneurial spirit. It ranks as the 4th top global startup ecosystem hub, supported by a dense network of venture capitalists, corporate partnerships, and early-stage investors. In recent years, Israeli startups raised $12.2 billion in 2024—an increase fueled by robust investments in deep tech and quantum computing, exemplified by initiatives such as the Quantum Computing Center and the Eco Wave Power project at Jaffa Port[6]. The city’s municipal company, **Tel Aviv Global**, spearheads efforts to position Tel Aviv-Yafo as a leading international brand for tourism, innovation, and entrepreneurship. Its vision for 2030 focuses on leveraging the city’s 14-kilometer Mediterranean coastline, vibrant urban culture, nightlife, and multicultural heritage to drive growth in tourism and economic development[5]. In addition to its commercial and technological prominence, Tel Aviv is a cultural hub with over 20 museums, theaters, and orchestras. It is home to Tel Aviv University, Israel’s largest university, fostering education and research[4][7]. Philanthropically, the **Tel Aviv Foundation** partners with the municipality to fund over 1,000 projects that enhance community welfare, education, and urban development, illustrating the city’s commitment to social progress alongside economic success[2][8]. Overall, Tel Aviv exemplifies a city where innovation, culture, and history converge, making i