Abu Dhabi Investment Office to open in Tel Aviv

IMAGE: Bahrain’s Foreign Minister Abdullatif Al Zayani, Israel’s Prime Minister Benjamin Netanyahu and United Arab Emirates Foreign Minister Abdullah bin Zayed display their copies of signed agreements while US President Donald Trump looks on as they participate in the signing ceremony of the Abraham Accords, normalizing relations between Israel and some of its Middle East neighbors, in a strategic realignment of Middle Eastern countries against Iran, on the South Lawn of the White House in Washington. Photograph: The White House

RIYADH (RAHNUMA): The state-run Abu Dhabi Investment Office (ADIO) is to open its first office outside the United Arab Emirates in Tel Aviv, the Abu Dhabi Media Office said on Wednesday, following normalization of relations between the UAE and Israel.

Israel on Tuesday signed normalization agreements at the White House in Washington with both the UAE and Bahrain.

“Tel Aviv is the first in a planned network of international offices that will support companies looking to expand their operations in Abu Dhabi, and to connect innovators from around the world to solve global challenges,” the statement on Twitter said.

ADIO and Invest in Israel, part of the economy ministry, agreed two weeks ago on bilateral investment cooperation.

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