Abu Dhabi Chamber discusses cooperation prospects with Israeli Ministry of Economy and Industry

Abu Dhabi Chamber discusses cooperation prospects with Israeli Ministry of Economy and Industry

Abu Dhabi Chamber discusses cooperation prospects with Israeli Ministry of Economy and Industry
ABU DHABI, 21st February, 2022 – Yousuf Ali Musaliam, Second Vice Chairman of Abu Dhabi Chamber, has received Dr.

Ron Malka, Director-General of the Ministry of Economy and Industry of Israel, accompanied by Amir Hayek, Ambassador of Israel to the UAE, and the diplomatic delegation at the Chambers tower in Abu Dhabi to discuss boosting economic relations between businesses in Abu Dhabi and Israel and enhancing the communication mechanisms between the business communities in both countries.

In the presence of Mohamed Helal Al Mheiri, Director-General of Abu Dhabi Chamber, Musaliam expressed his pleasure at receiving the Israeli delegation in Abu Dhabi, which would increase cooperation between the two countries, especially in technological industries, entrepreneurship, and advanced technologies.

Musaliam pointed to the many investment opportunities to boost commercial partnerships and expand them to include strategic sectors.

“The business environment in Abu Dhabi is one of the most vibrant and attractive for foreign direct investments thanks to the ease and flexibility of doing business in the emirate.

It would open the door for Israeli investors and businesses to benefit from all the incentives offered by the Emirate,” he added.

Dr.

Malka commended the welcome he received at the chamber, expressing high hopes in increasing exchange visits between Emirati entrepreneurs and their Israeli counterparts while pointing to the incentives his country offers to attract investments and encourage innovation in diverse economic sectors.

The Israeli official also pointed to the position of the UAE on the regional and international economic map thanks to its investment capabilities.

He praised the pivotal role of the Abu Dhabi Chamber in supporting the private sector and encouraging the business community to form new and expanded trade links with Israel.

He emphasised the necessity to jointly coordinate the two sides’ efforts to inform businesses in Abu Dhabi and Israel about the available investment opportunities in the Emirati and Israeli markets.

Amir Hayek expressed his country’s interest in cooperating with Abu Dhabi Chamber to organise business events that boost trade relations and expand the cooperation between businesses in both countries.

During the meeting, Al Mheiri pointed to the readiness of the chamber to increase trade and investment relations to better serve the private sector in Abu Dhabi and Israel.

He also pointed to the continuous efforts of the chamber to explore proper investment opportunities and contribute to developing trade and investment opportunities and increasing the competitive capabilities of the private sector.

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