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Radio France Internationale
Radio France Internationale
World
RFI

Two years after Hamas attack, Israel's economy weakened by its international isolation

The closed Israel Aerospace Industries stand at the International Paris Air Show on 16 June – Israel called France’s decision to block off Israeli stands at the show a form of ‘segregation’ against Israeli companies. AFP - ALAIN JOCARD

Having long sold itself as the ‘start-up nation’, Israel is now in economic turmoil, with the war it is waging in Gaza resulting in the withdrawal of long-standing partners. Declining growth, a brain drain and diplomatic isolation are diminishing a model that was considered exemplary.

Israel has established itself one recent years as a major player in technological innovation. The country is home to large companies in the sector and is a major exporter of software, medical devices and cybersecurity technology.

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