Tel Aviv-Yafo is a major city in Israel, located on the country's Mediterranean coastline. It is the financial center and the technology hub of Israel, with a population of 432,892, making it Israel's second-largest city. Tel Aviv is the largest city in the Gush Dan region of Israel. Tel Aviv is also a focal point in the high-tech concentration known as the Silicon Wadi. Tel Aviv is governed by the Tel Aviv-Yafo Municipality, headed by Ron Huldai, and is home to many foreign embassies.