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The Street: Why You Need to Invest in Israel’s Often-Overlooked Technology Companies

10/13/15 – 01:01 PM EDT – NEW YORK (TheStreet) — A popular children’s book from the early 1960s described Israel as a land of “bibles and Boeings,” “camels and Cadillacs.” This is Israel called the desert town of Beersheva, “a city of research where solar rays are set to heating water — and producing energy.”

Israel 50 years ago was a land of contrasts, with a socialist economy, ancient history, a modern airline flying the latest jets and research being done into what we now consider a “high-tech” industry. And yet, this children’s favorite also noted that Israel still had no television stations of its own.

Sixty-seven years after achieving its independence, Israel remains a land of contradictions. How is it that a country the size of New Jersey, with a population smaller than that of New York City, and one subject to the continual threat of armed conflict, has become the fifth most technologically advanced country in the world, ahead of both the U.S. and the U.K.?…Read More>>

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