TRADE& BUSINESS
March 2023
A FEW TIPS TO CRUSH YOUR FIRST BUSINESS TRIP TO ISRAEL In the last years, Israel has evolved as a key hub in the high-tech sector, development largely encouraged by innovation grants offered to various fields, including hardware, software, communications, life sciences, IoT, cyber, fintech, and others. It doesn’t come as a surprise that Israel is nicknamed “The Startup Nation”
I n the last years, Israel has evolved as a key hub in the high-tech sector, develop- ment largely encouraged by innovation grants offered to various fields, including hardware, software, communications, life sciences, IoT, cyber, fintech, and others. It doesn't come as a sur - prise that Israel is nicknamed "The Startup Nation." Disruptive in - novation in different industries is changing the corporate landscape, bringing about new business chal- lenges and opportunities alike. The only country that comes close to Israel as far as its innovative spirit is concerned is the United Arab Emirates. Still, the recent peace agreement between the two might open up further oppor - tunities – the deal will accelerate growth, create jobs, and hopefully
lead to a new era of peace. Business trips are becoming commonplace as develop - ment in Israel is versatile (and continually growing), so the biggest asset you can give your company is being fully pres - ent. Israel is an entrepreneurial powerhouse. VIP experiences are available to business trav- elers, so there's ample op - portunity to discover unique sights, sounds, and activities – all you have to do is book a luxury business tour to Israel. Traveling in style and luxury doesn't necessarily mean hav - ing the most expensive experi - ence but adjusting your travel to what you value the most. Here are some tips to remem - ber for your first international business trip. Being aware
of these factors (and others) will help you avoid issues or miscommunication leading to unfortunate business results. You'll Probably Want to Book Your Hotel Near Rothschild Boulevard Make sure your hotel room has everything you need to stay connected and produc- tive, such as fast Wi-Fi, a multitude of power outlets, in-room phones, and so on. Search the Internet to find hotels that are located close to your business meetings; your presence is very much re - quired, so prepare thoroughly. If the hotel has easy access to public transportation, you can enjoy a less stressful journey by letting someone else do
the driving. If you have some time off from your business meetings, explore all that Israel has to offer. Try to book a room in a hotel near Roth - schild Boulevard, a vibrant cultural center that accom - modates music performances, ballets, musicals, plays, etc. In case you didn't know, the Israeli palate has grown more refined, so you can eat something different, like sfenj, khachapuri, and ful. Understand The Business Culture in Tel Aviv If it's your first time traveling to Israel on business, there are certain things to be aware of. Israel has a distinct business culture that you might find astonishing, so take the time
10 • www.itn.co.il
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