Abu Dhabi set to open first international investment office in Tel Aviv

Abu Dhabi set to open first international investment office in Tel Aviv

The Abu Dhabi Investment Office (ADIO) has announced plans to open its first international office in Tel Aviv following the normalisation of relations between Israel and the UAE.

The office will focus on facilitating connections between innovation-focused companies and organisations in Abu Dhabi and Israel, a statement carried by state news agency WAM read.

DP World chairman says work to build trade routes between the UAE, Israel and beyond will help customers to do business more efficiently

It added that the Tel Aviv office is one of an international network of representative offices planned to enable ADIO to support innovative international companies and individuals to grow and expand in the emirate.

ADIO said it plans to open additional offices in Europe, North America and Asia.

Mohammed Ali Al Shorafa, chairman of the Abu Dhabi Department