Abu Dhabi Investment Office, which is responsible for bringing foreign investment into the emirate, is to set up the first of a series of representative offices in Israel.
The office in Tel Aviv will focus on "facilitating connections between innovation-focused companies" and other organisations in Abu Dhabi and Israel, Adio said.
It will be the first of an international network of offices in Europe, North America and Asia.
"Abu Dhabi is outward-looking, forward-thinking and committed to global co-operation and mutually beneficial trade,” said the chairman of the emirate's Department of Economic Development, Mohammed Al Shorafa.
"The opening of an international network of investment offices will create new opportunities to connect with innovators from around the world."
The announcement comes after the UAE and Israel on Tuesday signed the Abraham Accord at the White House to normalise relations.
The deal with Israel allows for investments and the growth of the tourism, aviation, security, telecoms, technology, financial services, energy and healthcare sectors in both countries.
Agreements have already been announced between Israeli lenders and Abu Dhabi Investment Bank and Emirates NBD, and between Dubai-based ports operator DP World and the co-owner of the Port of Eilat and Israel Shipyards.
Adio has already identified potential areas of co-operation, particularly in areas of advanced technology such as AgTech, biomedicine and advanced manufacturing.
It is already in talks with Invest in Israel, the Ministry of Economy and Industry and other Israeli entities about potential investments and partnerships.
“The ministry … is delighted to support the opening of Adio’s office in Israel, and is sure that this move will contribute to the strengthening of the economic dialogue between Israel and Abu Dhabi to promote collaboration between the nations,” said Israel's Minister of Economy and Industry, Amir Peretz.
The Tel Aviv office is expected to be operational "in the coming months", Adio said.
Wonka
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Recent winners
2002 Giselle Khoury (Colombia)
2004 Nathalie Nasralla (France)
2005 Catherine Abboud (Oceania)
2007 Grace Bijjani (Mexico)
2008 Carina El-Keddissi (Brazil)
2009 Sara Mansour (Brazil)
2010 Daniella Rahme (Australia)
2011 Maria Farah (Canada)
2012 Cynthia Moukarzel (Kuwait)
2013 Layla Yarak (Australia)
2014 Lia Saad (UAE)
2015 Cynthia Farah (Australia)
2016 Yosmely Massaad (Venezuela)
2017 Dima Safi (Ivory Coast)
2018 Rachel Younan (Australia)
COMPANY%20PROFILE
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Know your Camel lingo
The bairaq is a competition for the best herd of 50 camels, named for the banner its winner takes home
Namoos - a word of congratulations reserved for falconry competitions, camel races and camel pageants. It best translates as 'the pride of victory' - and for competitors, it is priceless
Asayel camels - sleek, short-haired hound-like racers
Majahim - chocolate-brown camels that can grow to weigh two tonnes. They were only valued for milk until camel pageantry took off in the 1990s
Millions Street - the thoroughfare where camels are led and where white 4x4s throng throughout the festival
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How to watch Ireland v Pakistan in UAE
When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.
Read more about the coronavirus
Ashes 2019 schedule
August 1-5: First Test, Edgbaston
August 14-18: Second Test, Lord's
August 22-26: Third Test, Headingley
September 4-8: Fourth Test, Old Trafford
September 12-16: Fifth Test, Oval
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
What is the definition of an SME?
SMEs in the UAE are defined by the number of employees, annual turnover and sector. For example, a “small company” in the services industry has six to 50 employees with a turnover of more than Dh2 million up to Dh20m, while in the manufacturing industry the requirements are 10 to 100 employees with a turnover of more than Dh3m up to Dh50m, according to Dubai SME, an agency of the Department of Economic Development.
A “medium-sized company” can either have staff of 51 to 200 employees or 101 to 250 employees, and a turnover less than or equal to Dh200m or Dh250m, again depending on whether the business is in the trading, manufacturing or services sectors.
UAE currency: the story behind the money in your pockets
ENGLAND TEAM
England (15-1)
George Furbank; Jonny May, Manu Tuilagi, Owen Farrell (capt), Elliot Daly; George Ford, Ben Youngs; Tom Curry, Sam Underhill, Courtney Lawes; Charlie Ewels, Maro Itoje; Kyle Sinckler, Jamie George, Joe Marler
Replacements: Luke Cowan-Dickie, Ellis Genge, Will Stuart, George Kruis, Lewis Ludlam, Willi Heinz, Ollie Devoto, Jonathan Joseph
Kanguva
Director: Siva
Stars: Suriya, Bobby Deol, Disha Patani, Yogi Babu, Redin Kingsley
