The Israeli economy is booming. For the fourth year in succession, gross domestic product (GDP) for 2007 is expected to grow by 5.5%, despite geopolitical tensions in the Middle East. The flow of foreign investment into Israel continues and has reached about $10bn, a large slice of which was invested in the purchase of Israeli high-tech companies.
A significant share of foreign investment was made in the Tel Aviv Stock Exchange, which continued to boom, despite declines in leading international stock exchanges such as Wall Street, London, Frankfurt and Tokyo.
