In Israel, the culture regarding business and money transactions is fairly similar to that of the United States. As they are both Westernized nations, they both have decently casual approaches to business deals and business interactions. In Israel, like in the US, top business execs often have meetings, in which the protocol is similar to the United States. Hands are often shaken at the beginning of a meeting, and formalities exchanged.
Just as in the United States, there are many top big businesses in Israel, especially in the technology/science/defense arenas. Because Israel exists in a dangerous region (for them, as Jews) they have long had to be on the cutting edge of information technology, defense and any other scientific fields that help in the defense industry. They have developed miraculous new aeronautical and spyware systems to help shield them from missiles.
In Israel, businessmen live the same often extravagant lifestyle that they do in the United States. Business execs are given a healthy salary and often live a very privileged existence. They enjoy other perks of a Western existence: lots of money, fancy cars, etc. However, in Israel, the advanced society often mixes with the Orthodox Jews in an interesting way, causing some old-fashioned customs to mix with the new industrial customs of the Western world.
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