Monday, December 7, 2020

Abu Dhabi to Open an Office in Israel

 By Micah Halpern

I've Been Thinking:


In September Abu Dhabi announced that they will open an investment office in Israel.

Today State-run Abu Dhabi Investment Office (ADIO) Director General, Tariq bin Hendi told a UAE-Israel conference in Dubai: "It's very exciting for us because we will have that office open in the next few weeks."
They will be opening their office in just a few days.

The excitement is palpable. Abu Dhabi has already made inquiries into investments and they have already setup meetings and lined up several projects in Israel. Israeli investment groups are working hand in hand with Abu Dhabi. These groups identify possible projects and propose them to investors.

We are talking about an injection of hundreds of millions of dollars if not billions of dollars of investments into Israel technology. Israeli tech and Abu Dhabi investment is a tremendous power.

These investments can potentially change the world. It is a marriage made in heaven.

Micah@MicahHalpern.com

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