What? Russia is in Europe and Asia, but considered European. Egypt is in Africa and Asia, but considered African.
Israel is in Asia. Nowhere else. You don't get to pick and choose in that case.
EDIT: By your argument you may as well count France as a South American country because of their territory in Guyana.
No. Your Wikipedia article specifically shows both Russia AND Israel as part of Asia (no mixes, both are in Asia). Right? Of course, all you have to do is take a look at it. Yet you're saying that Russia is considered European and Israel is in Asia. Either they're both in Asia (this is what the article says), or neither one is in which case the Wikipedia article is wrong (it isn't I hope, thus they're both Asian). Of course this is geographically speaking. Culturally, Russia
could be considered part of Asia (only due to large populations of Asiatic peoples, the Russians themselves are Slavs) but Israel could hardly be. Also let's not forget that most of Russia's territory is in Asian, therefore this part; "By your argument you may as well count France as a South American country because of their territory in Guyana." applies to your argument. Then again, that would depend on just where Russia steps over the borders of Asian and extends into Europe.
And to avoid confusion, let's leave Egypt out of it, I brought it up as an example to show that Middle Eastern cultures are more similar to African ones than Asian ones.