Landmark agreement opens doors for reciprocal expansion of trade and investment
Abu Dhabi Ports and the Manufacturers Association of Israel (MAI) recently signed an agreement to enhance trade, investment and technology cooperation between the United Arab Emirates and Israel, in the presence of Falah Mohamed Al Ahbabi, Member of the Abu Dhabi Executive Council and Chairman, Abu Dhabi Ports.
The MoU was signed by Captain Mohamed Juma Al Shamisi, Group CEO, Abu Dhabi Ports and Dr. Ron Tomer, President of the Manufacturers Association of Israel at Khalifa Industrial Zones Abu Dhabi (KIZAD) to agree on the cooperation and trade enhancement.
“We look forward to engaging with our friends from Israel and welcoming them to experience our leading-edge services and facilities,” commented Al Ahbabi.
“This initial agreement is the start of the new and warm trade relations that are emerging between Israel and the United Arab Emirates following the signing of the peace agreement,” remarked Dr. Tomer.
“KIZAD and ZonesCorp are committed to providing the means necessary for businesses to reach markets faster, more efficiently, and at low cost,” noted Captain Al Shamisi.
