Israel’s regional tensions contrast with optimistic hopes for foreign investment and a burgeoning economy. While war still rages over the border in nearby Syria, Israel’s start-up and hi-tech sector is flourishing. In addition, its nascent natural gas industry finally looks primed for substantial development.
Life is good in Israel’s commercial capital Tel Aviv, says Barry Levenfeld, a partner at Yigal Arnon & Co: ‘Economically and politically, Israel remains stable, while our neighbours are more dangerous by the minute. Sitting here on the 47th floor in Tel Aviv, looking across the Mediterranean and with all the restaurants and coffee houses below, you just wouldn’t know that any of this was going on.’