Today an event was hosted by Adiv Baruch, Chairman of the Israel Export Institute; Dr. Ron Tomer, President of the Manufacturers Association; Dov Kotler, CEO of Bank Hapoalim; and Elazar Cohen, Director of the Israeli Pavilion at Expo 2020 Dubai. The event included a presentation by the Israeli pavilion, a ribbon cutting ceremony to mark the opening of the business events in the pavilion and tours to other pavilions at Expo2020 Dubai.
Adiv Baruch, Chairman of the Export Institute, said at the event: "We are pleased to open the business events at the Israeli pavilion. Throughout the year, the Israel Export Institute will work with the Foreign Trade Administration at the Ministry of Economy to create business opportunities and present the Israeli industry in events and delegations in various sectors. Israel's participation in an event that takes place in the United Arab Emirates is very significant and has many business implications. The pavilion represents Israel's support for high-tech industry and underlines the contribution of Israeli innovation to global challenges."
The Manufacturers' Association of Israel’s President, Dr. Ron Tomer:said “Only a few years ago, visiting the UAE with an Israeli passport was an unattainable dream for most of us, and now we are cutting the ribbon of the pavilion that presents the State of Israel in all its glory, in the heart of the Gulf principalities. This pavilion also represents a new, better and brighter future, founded on the principles of peace and brotherhood with our neighbors. Thanks to this, we will be able to create a new economic and business environment between us and the Gulf states, which will strengthen the ties between the peoples and the prosperity of the entire region".
Dov Kotler, CEO of Bank Hapoalim, added: “This visit is a key activity for our delegation, composed of prominent entrepreneurs and business managers from Israel. They have great interest in sharing and discussing new opportunities. With over 400 Fintech companies, Israel is synonymous with innovation in this sector in a wide variety of areas such as: payments systems, personal financial management, lending and financing, fraud risks and compliance and others. During the first half of 2021 we saw $2.3 billion invested in Israeli Fintechs, a sharp rise from the previous year. And we could do more if we cooperate.”
Elazar Cohen, Commissioner General of the Israel Pavilion at Expo 2020 Dubai, concluded: “It’s a great honour to welcome such an important Israeli delegation to our pavilion at Expo2020. Your presence here is a testimony of the fruitful economic relations we are building with the United Arab Emirates. Thanks to activities like yours, we can continue to strengthen this relationship and achieve even better trade results than those we have managed to date. The Israel Pavilion is a partner to developing economic efforts and facilitating business relations. I wish you success in your future business activities.”
© Press Release 2021
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