Israel is a highly developed democratic country in West Asia, known for its advanced free-market economy and significant contributions to global business and technology sectors. Established in 1948, Israel has grown into a regional powerhouse with a population of approximately 9.5 million as of 2025. It is the only country with a Jewish majority population and operates under a parliamentary democracy with strong political rights and civil liberties[2][5]. Israel's economy is among the most sophisticated in the Middle East, ranked 25th globally by nominal GDP according to the IMF in 2025. It boasts the second-largest number of startups worldwide, only behind the United States, and the third-largest number of companies listed on NASDAQ after the U.S. and China. This vibrant tech ecosystem attracts major multinational corporations such as Intel, Microsoft, Apple, IBM, Google, and Facebook, all of which have established research and development centers in Israel, often marking their first overseas R&D presence there[1]. The country’s main economic drivers include high-tech industries, industrial manufacturing, and diamond cutting and polishing, with the diamond sector accounting for 21% of exports in 2017[1]. Israel’s technological innovation extends to energy, with recent discoveries of natural gas reserves and a growing solar energy industry aiming to reduce dependency on imports[1]. Despite its small size, Israel's infrastructure rivals developed nations, supported by a sophisticated welfare state and a powerful military known for advanced capabilities, including nuclear weapons[1]. Regionally, Israel faces ongoing geopolitical instability and conflict, which influence its security policies and international relations. Internal and external tensions persist, particularly regarding the Palestinian territories, impacting both domestic and foreign policy dynamics[3][4]. Public opinion within Israel reflects concerns about international respect and peace prospects[6]. Overall, Israel stands out as a dynamic hub of innovation, economic resilience, and geopolitical significance, making it a critical player in global business and technology news.