Petah Tikva is northeast of Tel Aviv in central Israel. It was founded in 1878 by religious pioneers from Jerusalem, who were led by Rabbi Yoel-Moshe Salomon, Rabbi David Gutmann, Eliezer Raab and Yehoshua Stampfer. It was the first modern Jewish agricultural village.
Originally lands were purchased in Achor Valley near Jericho, hence it was named Petah Tikva meaning "opening of hope" from Hosea's prophecy (2:15), "And I will give her vineyards from thence, and the Valley of Achor for an opening of hope." However, the Ottoman Sultan cancelled the purchase, but allowed purchase of swamp lands near the source of the Yarkon river. The name Petah Tikva was kept as a symbol of their aspirations.
From a small agricultural village, in the beginning of the 1920s Petah Tikva began to urbanise and was given city status in 1937. In 1948, adjoining villages – Amishav and Ein Ganim to the east, Kiryat Matalon to the west, Kfar Ganim and Machne Yehudah to the south and Kfar Avraham on the north – were all merged into the municipal boundaries of the city.
Petah Tikva has the second largest industrial sector in Israel, after Haifa, divided among three Industrial Zones – Kiryat Arieh, Kiryat Matalon, and Segula. In the last few years many hi-tech enterprises have moved into Petah Tikva's industrial zone. The city's proximity to Tel Aviv and Ramat Gan, has helped it become one of the fastest growing in the country, with new highrise residential suburbs such as Em Hamoshavot.