Abu Dhabi Investment Office and Israel Export Institute lay foundations for trade

iStock [For illustration]

The Abu Dhabi Investment Office (ADIO) has signed a cooperation agreement with The Israel Export Institute.

The pact sets the foundation for strong trade bridges between Abu Dhabi and Israel by unlocking opportunities to collaborate on investments.

It also covers the facilitation of introductions with potential investee companies in both markets, hosting joint events and supporting government and industry delegations.

The virtual signing ceremony was attended by Adiv Baruch, Chairman of the Israel Export Institute, Gadi Ariely, Director General of the Israel Export Institute, and Dr. Tariq Bin Hendi, Director General of ADIO.

ADIO will work closely with the Israel Export Institute to support trade and investment opportunities for Israeli companies, connecting them with strategic partnerships and resources to foster long-term success in the emirate.

"Our agreement with Israel Export Institute is an important next step in creating the platform to advance and accelerate opportunities for companies in Abu Dhabi and Israel," said Dr. Tariq Bin Hendi, Director General of ADIO.

Adiv Baruch, Chairman of the Israel Export Institute, said: "We are confident that this collaboration will bring significant business outcomes for both parties and we are excited to embark on this common path."

ADIO recently announced plans to open an office in Tel Aviv, Israel, focused on facilitating connections between innovation-focused companies and organisations.

It's part of ADIO’s broader plans to open offices in Europe, North America and Asia to support global companies looking to establish and expand their operations in the UAE capital.

More from Business

Coming Up on Dubai Eye

  • Afternoons with Helen Farmer

    2:00pm - 5:00pm

    Every weekday afternoon, Helen Farmer will help you to navigate the highs and lows of life in the UAE. Stay up to date with what’s happening and where to go.

  • Off Script with Chris, Robbie & Sonal

    5:00pm - 7:00pm

    The UAE’s alternative take on news, entertainment and sport. Join Chris, Robbie and Sonal as they cut through the clutter to bring you the news, entertainment and sport stories that actually matter.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Meet Gift, female food delivery driver

    Gift came here from Nigeria and failed to find a job, until a pizza company offered her one. She's now one of the very few female delivery drivers in the UAE.

  • FARMER'S KITCHEN

    Farmer's Kitchen is back for 2021!
    With our partners Spinneys, we are going to help you wave goodbye to boring dinners, cluttered fridges, and lumpy leftovers!