Why? Israel is one of the most advanced countries in the world technology wise, and I just read something about the technion having an unprecedented 3 Nobel prizes in 7 years. Surely that should put them on the world map no?
I don't think anyone is saying that Israel is NOT one of the most advanced countries etc., but if you scroll through past posts on this forum, the majority of posters are interested in MBAs in the US, Canada, the UK, a handful of EU countries, India, Singapore and Australia. While there are those interested in programs in other countries, such as yourself, my comment only meant that the majority have not expressed an interest. I seem to recall posts from a couple of years ago about Israeli MBA programs, but I do not see them often at all.
My advice would be to contact the school and talk to admissions, current students, alumni, recruiters in your target field etc., to get a better concept. Or try other forums. A quick Google search told me that find-mba and gmbat have threads on Israeli MBAs.
Hope this helps, and good luck