Israel’s desert city of Beersheba is turning into a cybertech oasis

siteadmin March 20, 2016

Israel’s southern capital, Beersheba, is becoming a major global cyber-tech hub. The Israeli military’s relocation of its prestigious tech units, the arrival of multinational and local companies, its close proximity to Ben Gurion University, and large government subsidies are all encouraging change in Beersheba; it has been predicted that there will be 20,000-30,000 new cyber and related jobs created in the area over the next decade. The army is investing billions of dollars to move most of its intelligence units to Beersheba. In addition, the government has also approved benefits for companies moving staff to Beersheba. Co-working space, WeWork opened a branch there in January 2016.