Business Laws of Israel - v.1, 1997 : Basic Work

Israel is emerging as one of the more attractive destinations for investment in the Middle East.

Israel launched some radical economic reforms in the mid-1980s and is now reaping the benefits.

In addition, the Middle East peace process and growth of American influence after the Gulf War have prompted many Arab nations to lift their bans on third country firms dealing with Israel.

More importantly, various companies are now seeking strategic alliances in Israel, entering into joint ventures with local partners, or setting up fully-owned companies.

The six major accounting firms are now represented in Israel (Tel Aviv) and some have even set up offices in Jerusalem.