The Abu Dhabi Investment Office (ADIO) recently opened a representative office in Tel Aviv, central Israel.

The separate cooperation agreements signed with "Invest in Israel" and the "Israel Innovation Authority" are part of a series of strategic initiatives that the Abu Dhabi office has committed to activating with the aim of creating additional and great opportunities in the private sector in Israel.

Muhammad Ali Al-Shurafa, head of the economic development department at the Abu Dhabi office, said, according to the statement issued by the Abu Dhabi Investment Office: “As a pioneer in the region in the fields of technology, research and innovation, Abu Dhabi sets cooperation aspects with Israeli entities that focus on innovation in the fields of agricultural technology, biomedicine and production. These signed agreements are a very important milestone in the campaign aimed at promoting cooperation between markets in both countries in the search for solutions that can benefit a wide region. "

Israeli Economy Minister Amir Peretz said, "We are pleased at the Ministry of Economy and Industry to support the cooperation agreements signed by" Invest in Israel "and the" Israeli Innovation Authority "with the Abu Dhabi Investment Office. We are confident that these joint efforts will enhance economic cooperation between Israel and the UAE, and will raise the level of cooperation between the two countries. "

Dr. Tariq bin Hindi, Director General of the Abu Dhabi Investment Office, said: “Abu Dhabi is the most prominent and ideal destination for companies and businesses from around the world. We have witnessed a great response from Israeli companies, and we are currently in discussions with a large number of entrepreneurs and large and emerging Israeli companies who are interested in establishing their businesses. And its expansion in the emirate of Abu Dhabi, which is what some companies have already started.