Israel, identified as ISR by ISO 3166 - Codes for the representation of names of countries and .il by Internet Country Codes (for country-coded top-level domains - ccTLDs) (maintained by the International Organization for Standardization - ISO) is a country considered amongst those having High economic development index. It has a GDP of more than 18464.331 Billion US Dollars and N-GDP of about 124.072 Billion US Dollars, while the annual growth rate was around 0 % last year it is expected to be in range of 3.9 % during next couple of years. Israel has reserves of about 29690 Billion US Dollars in form of foreign exchange and gold while external debt is more than 73870 Billion US Dollars. Israel, which is a part of Asia, located in the West - Central region of the continent, have population of about 6.99 Million people spread across total area of approximately 20770 sq Km. On ICT front Israel has total 10.22 Million Telecom Subscribers with Tele-density of 160.92. Out of total 10.22 Million Telephone main lines in use fixed lines are around 3 Million while rest of the subscribers being mobile users (approx 7.22 Million lines). The number of Internet users has reached 3200 thousand users with Internet growth rate of about 152 % and Internet penetration of 45.8.