Rationale for Israel being a developed country:
Israel is the only developed country in the Middle East. Israel's high-tech industry is world-renowned, and it has advanced technology in the fields of military science and technology, electronics, communications, computer software, medical equipment, biotechnology engineering, agriculture, and aviation. Its electronic surveillance system and unmanned aircraft are very advanced and have a high reputation in the world. Israel has more than 80 NASDAQ-listed companies, ranking third in the world after the United States and Canada. These include TEVA, the world's largest generic pharmaceutical company, CheckPoint Software Technologies, the world's largest Israeli company and the famous defense contractor Elbit Systems. Israel is considered to have the highest level of economic development, business freedom, press freedom and overall human development in the Middle Eastern world.
Israel is home to 14 Nobel Prize winners, including immunologist Ruth Arnon. Ruth Arnon, an immunologist, and scientists*** invented the immune system drug Copaxone, which cares for 250,000 people with multiple sclerosis around the world
Israel is the most industrialized country in the Middle East, with the highest level of economic development. Israel has a well-developed market economy, but the government also provides some management. Israel is a mixed economy, high degree of industrialization, knowledge-intensive industries, high value-added agriculture, biochemical, electronics, military and other sectors of high technology. Israel's overall economic strength, competitiveness among the world's first.