DUBAI: Abu Dhabi state investor Mubadala plans to identify potential fund partners in Israel and find high-growth technology firms in which to co-invest, as the United Arab Emirates and Israel seek to boost commercial ties after normalising relations.
"We are always excited about Silicon Valley. But we are also looking at Europe, we're looking at the Middle East, we're looking at India and we would like to be very active in China," Ajami said. Bank Leumi, Israel’s second-biggest bank, this week brought a delegation of executives to Dubai from industries ranging from real estate to energy and technology."Once the peace agreement was signed we thought that being the leader for connecting Israeli companies and Emirati organisations could be our role," Avraham Ortal, chief executive of Leumi’s investment arm Leumi Partners, told Reuters on the sidelines of a business gathering on Dubai's palm-shaped island.