ADIO to open first office outside UAE in Tel Aviv
ABU DHABI INVESTMENT OFFICE TO EXPAND NETWORK
The Abu Dhabi Investment Office (ADIO) plans to open a network of international offices to support global companies looking to establish and expand their operations in the UAE capital.
Its first international office will be located in Tel Aviv and will focus on facilitating connections between innovation-focused companies and organisations in Abu Dhabi and Israel.
Abu Dhabi is firmly established as a highly attractive market for international investors, with diverse opportunities for individual and institutional investors across numerous high-growth industries and well-established financial markets. An international network of representative offices will enable ADIO to seamlessly support innovative international companies and individuals to grow and expand in the emirate.
Committed to global cooperation
Mohammad Ali Al Shorafa, Chairman of the Abu Dhabi Department of Economic Development, said: “Abu Dhabi is outward-looking, forwardthinking and committed to global cooperation and mutually beneficial trade. The opening of an international network of investment offices will create new opportunities to connect with innovators from around the world and work together to solve challenges of global importance.”
Israel delighted to support ADIO
ADIO is currently in discussions with Invest in Israel at the Ministry of Economy and Industry, and a number of other Israeli entities to unlock investment and partnership opportunities for companies in Israel and Abu Dhabi.
Amir Peretz, the Minister of Economy and Industry in Israel, commented: “The Ministry of Economy and Industry 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.”
Dr. Tariq Bin Hendi, Director General of ADIO, said: “Establishing a representative office in Israel enables us to continue focusing on growing sectors with the greatest potential to positively impact the wider region.”—