Israel – the Silicon Valley of the Middle East. Yes, we have heard it all before. Yet as if to prove the point, CCTV issued  a fascinating survey on the next wave of high-tech companies from the Holy Land that could see international fame.

I want to take a few minutes of your time to focus on three facts that do not see the light of day too often. Yet, they are an important part of this phenomenon.

First, not all Israeli companies are located in Israel. For example “Singapore Dine’ is a local food delivery service, started by Kinneret Karin and Yoav Algrichi. They sold out this week to Panda Rocket, whose scope spans many global destinations.

Capital is not just raised through exits. A staggering number of Israeli companies are traded on NASDAQ. The current official total is 88, of which at least eight joined in the first nine months of 2015.

Next, the wave of conglomerates looking at what Israel has to offer continues to roll ahead. This week, the CEO of Philips, Frans van Houten, made it absolutely clear that Israeli tech will be featuring in the next wave of the company’s medical devices. Philips currently employs 850 people in Israel. It is now about to set up an incubator with generic giant, Teva.

At a time when Israeli politicians do not seem to curry favour in Washington and other diplomatic centres, Israeli tech is finding ever more ways to enter the homes and lives of billions.