Israeli firms to invest in UAE market

Israeli firms to invest in UAE market

Dr Fahed Al Meraabi speaks during the press conference in Dubai.

Inayat-ur-Rahman, Deputy Business Editor

Israeli companies are interested to foray into the UAE market to invest in various business sectors such as real estate, fintech, blockchain and digital banking platforms. This was stated by Dr Fahed Al Meraabi, Chairman and CEO of Zurich Capital Funds, during an exclusive interview with Gulf Today, adding that they were looking  forward at bringing investment in both ways from the UAE to Israel as well and vice-versa.

Zurich Capital Funds has also launched Cricket Coin in partnership with Israeli companies.

Followed by a week of meetings and negotiations, the parties hold a ceremony recently in Dubai.

As part of the ceremony, a framework agreement for the strategic partnership between the parties was formed to promote companies in the UAE to support blockchain technology and the world of digital currencies and electronic banks.

The Israeli part in the ceremony from the sector of Fintech and finance was represented by  Adi Katz the founder and CEO of R.d Ltd (Levent trading platform) and Group 107 Ltd, Daniel Kibel From Global Capital Markets Trading ltd (CM Trdaing Ltd),  Shay Braverman from Ayalon Investment house Ltd., Roi Katz, Co-founder of Vbond Ltd.

 Guy Amar,