According to Wikipedia

Although Israel is not geographically located in Europe, it is a member in many European transnational federations and frameworks, and takes part in many European sporting events and the Eurovision Song Contest.

Cyprus, which is located very close to Israel, has been a member of the EU for many years.

Again from Wikipedia

The Israeli government has hinted several times that an EU membership bid is a possibility, but the EU itself currently proposes instead the closest possible integration "just short of full membership." Faster advancement of such plans is somewhat hampered by the current instability in the Middle East and conflicts in the West Bank, Gaza Strip, and Lebanon.

Will Israel join the EU before 2050?

This question will resolve as Yes if Israel is formally admitted to the European Union at any time between October 5, 2022 to December 31, 2049, inclusive. Official statements by the EU will be required for resolution. Israel must officially begin its membership during this period; an announcement or promise of future membership will not suffice.