Israel Real Estate
Information about Israel
Israel, officially the State of Israel, is a country in the Middle East located on the eastern shore of the Mediterranean Sea. Israel is the world's only Jewish state, with a population of about 7.37 million, of whom about 5.57 million are Jewish. It is also home to other ethnic groups, including most numerously Arab citizens of Israel, as well as many religious groups including Muslims, Christians, Druze, Samaritans and others. Temperatures in Israel... vary widely, especially during the winter. Israel operates under a parliamentary system as a democratic country with universal suffrage. The President of Israel is the head of state, but his duties are largely ceremonial.
The State of Israel is divided into six main administrative districts – Center, Haifa, Jerusalem, North, Southern, and Tel Aviv Districts. Israel is considered one of the most advanced countries in Southwest Asia in economic and industrial development. The country has been ranked highest in the region on the World Bank's Ease of Doing Business Index as well as in the World Economic Forum's Global Competitiveness Report. Tourism, especially religious tourism, is another important industry in Israel, with the country's temperate climate, beaches, archaeological and historical sites, and unique geography also drawing tourists.
Jerusalem is the capital of Israel and its' largest city in both population and area, with a population of 747,600 residents over an area of 125.1 square kilometres (48.3 sq mi) if disputed East Jerusalem is included. Located in the Judean Mountains, between the Mediterranean Sea and the northern tip of the Dead Sea, modern Jerusalem has grown beyond the boundaries of the Old City. Today, the status of Jerusalem remains one of the core issues in the Israeli-Palestinian conflict. Israel's annexation of East Jerusalem has been repeatedly condemned by the United Nations and related bodies, and Arab Palestinians foresee East Jerusalem as the capital of their future state. In the wake of United Nations Security Council Resolution 478 (passed in 1980), most foreign embassies moved out of Jerusalem, although some countries, such as the United States, still own land in the city and pledge to return their embassies once political agreements warrant the move.
Tel Aviv-Yafo commonly called Tel Aviv, is the second largest city in Israel, with an estimated population of 391,300. The city is situated on the Israeli Mediterranean coastline, with a land area of 51.8 square kilometres (20.0 sq mi). It is the largest and most populous city in the metropolitan area of Gush Dan, home to 3.15 million people as of 2008. The city is governed by the Tel Aviv-Yafo municipality, headed by Ron Huldai. Tel Aviv is a global city, Israel's economic hub and the richest city in the country, home to the Tel Aviv Stock Exchange and many corporate offices and research and development centers. Its beaches, bars, cafés, restaurants, upscale shopping, great weather and cosmopolitan lifestyle have led to it being a popular tourist destination, and given way to its reputation as a "Mediterranean metropolis that never sleeps". It is the country's financial capital and a major performing arts and business center. Tel Aviv's urban area is the Middle East's second biggest city economy, and is ranked 42nd by Foreign Policy's 2008 Global Cities Index.
Haifa is the largest city in northern Israel, and the third-largest city in the country, with a population of over 264,900. Haifa has a mixed population of Arabs and Jews, with many of the latter having arrived from Russia. It is also home to the Bahá'í World Centre, a UNESCO World Heritage Site. The city is a major seaport located on Israel's Mediterranean coastline in the Bay of Haifa covering 63.7 square kilometres (24.6 sq mi). It is located about 90 kilometres (56 mi) north of Tel Aviv and is the major regional center of northern Israel. Two respected academic institutions, the University of Haifa and the Technion, are located in Haifa, and the city plays an important role in Israel's economy. It has several high-tech parks, among them the oldest and largest in the country, an industrial port, and a petroleum refinery. Haifa was formerly the western terminus of an oil pipeline from Iraq via Jordan.
Rishon LeZion is the fourth-largest city in Israel, located along the central Israeli coastal plain. It is part of the Gush Dan metropolitan area. The city had a population of 224,300 at the end of 2007. Founded in 1882 by Russian Jewish immigrants, it was the second Jewish farm colony established in Palestine in the 19th century, after Petah Tikva.
Ashdod is the fifth-largest city in Israel, located in the Southern District of the country, on the Mediterranean coast, with a population of 207,000. Ashdod is an important regional industrial centre. The Port of Ashdod is Israel's largest port accounting for sixty percent of the country's imported goods. Being a planned city, expansion followed a main development plan, which facilitated traffic and prevented air pollution in the residential areas, despite population growth. According to the Israel Central Bureau of Statistics, Ashdod had a population of 207,000 at the end of 2007, the fifth largest city in Israel and had an area of 47,242 dunams (47.242 km2; 18.240 sq mi).
Israeli new sheqel (ILS)
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