Israel will open a new economic diplomatic office in Abu Dhabi this summer


by Ifi Reporter Category:Government Jun 1, 2021

The Foreign Trade Administration at the Ministry of Economy and Industry will open a new economic diplomatic office  in Abu Dhabi this summer, which will be a faith in the ties between Israel and the United Arab Emirates. The Economic offices will be a belief on behalf of the Ministry of Economy and Industry on strengthening trade and economic ties between Israel and the United Arab Emirates as well as on attracting foreign investment from the United Arab Emirates to the Israeli economy. Upon its establishment, this annex will join the system of economic annexes operated by the Foreign Trade Administration of the Ministry of Economy and Industry, which operates in more than 50 business activity centers around the globe. For the Foreign Trade Administration, this is actually the 45th annex that joins - among other things - the new economic annex in Manila, the capital of the Philippines, which was founded by the Ministry of Economy last year (2020).
The new economic attaché in Abu Dhabi will be headed by Aviad Tamir, who for the past five years has managed the field of foreign investment in life sciences and health at the Ministry of Economy and Industry's Industrial Cooperation and Investment in Foreign Investment. In his role, Amir Tamir (38) was involved in locating companies interested in investing in Israel and assisting in connecting to all relevant parties in Israel. In addition, there was confidence in the establishment of the relationship between Invest Israel and the Emirates, with an emphasis on cooperation in the areas of investment, research and development and promoted a cooperation agreement with the Abu Dhabi Investment Ministry (ADIO). For the Department of Defense in New York and Adviser to the Director General of the Office of Senior Citizens. Prior to joining the public sector, Tamir worked for the Jewish Agency and the JDC, was one of the founders of the "Ma'ash" association for integrating young people into the public service and was involved in crisis management at the consulting firm Gitam BBDO IM. Tamir holds a bachelor's degree in business administration and East Asian studies from the Hebrew University of Jerusalem, a master's degree in public policy from the Interdisciplinary Center and is also a graduate of the Atidim Public Administration program.
According to a report produced by the Ministry of Economy and Industry's Foreign Trade Administration in October 2020, the economic potential of the Israeli economy with the United Arab Emirates touches on many issues including strengthening aviation connectivity between Israel and the Gulf states and East Asia, oil imports, energy export solutions, exports Diamonds, attracting investments from private and government funds to high-tech and Israeli industry, exporting solutions in the field of digital health and medical equipment, exporting water solutions (desalination / purification / saving and smart management), exporting agricultural solutions, exporting cyber solutions, exporting technologies in the field of fintech, exporting energy solutions Renewable and green, cooperation in the field of R&D and space and more.
Ohad Cohen, Director of the Foreign Trade Administration at the Ministry of Economy and Industry: "We are proud and happy about the establishment of Israel's new economic annex in Abu Dhabi, which will greatly help strengthen Israel's economic activity in the United Arab Emirates and the Persian Gulf region." Activities around the world and provides assistance every day and every hour to thousands of representatives of Israeli companies who turn to us for assistance in penetrating international markets, assistance with various regulatory challenges, obtaining professional-business information on the target market and dealing with trade barriers that obscure the activities of Israeli companies abroad . These annexes also serve as an address for foreign companies, when it comes to locating technological and industrial solutions that Israel has to offer, locating investment opportunities in the Israeli market and examining how and whether they can generate business activity in front of and in cooperation with the Israeli market. I am convinced that the new annexes in the UAE will yield significant returns in light of the great interest arising from emirates interested in a long line of Israeli technologies as well as in light of the large capital in the emirates and may be translated into significant investments in Israeli economy and industry.
 About the Foreign Trade Administration: The Foreign Trade Administration at the Ministry of Economy and Industry formulates and leads the State of Israel's foreign trade policy in order to increase the competitiveness of Israeli industry, for increasing and diversifying Israeli exports and attracting foreign investment through: an array of about 50 economic annexes, initiation and establishment Trade agreements to improve Israel's trade conditions, financial assistance tools for international marketing and control of dual-use exports and the US. According to data from the Foreign Trade Administration, the system of economic annexes in 2020 handled more than 4,000 export applications in 2020, organized more than 650 delegations Inbound and outbound businesses (most of them virtual in light of the corona crisis) and recorded about 350 success stories with a verified accumulated value of about $ 1 billion. 



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