Israel UAE | Business Guide | 2021

Suresh Kumar Omar Khan Dear Friends, S alaam/ Shalom/ Greetings! IBPC Dubai is the apex organization that has been playing a critical role as a catalyst for trade and investment flows between the UAE and India while enabling business networking and business gathering opportunities for leading Indian and Emirati-owned businesses and professional firms in the UAE. IBPC Dubai welcomes the opportunities now available thanks to the Abraham Accords, which brings people and a country of immense potential andamarket for theUAEand Israel inbothdirections. Dubai has been renowned as an entrepot for several centuries and it's trading and business community thrives on building new relationships and new connectivities with their global counterparts in most parts of the world, including now Israel. The Indian community is the largest expatriate community for any nationality in the UAE. It can also benefit fromthe fact that India and Israel share a close strategic relationship over the years and this presents the possibilities of three-way growth and investment flows. As one of the wealthiest communities in the region, the Indian business communitywill therefore bring considerable value- addition and value propositions to the table for a mutually beneficial economic relationship. IBPCDubaiwouldwishtoplayitspartinstrengthening this forging of ties between our peoples. With best wishes, Suresh Kumar Chairman IndianBusiness&Professional Council (IBPC) Dubai Dear Readers, O n behalf of Dubai Chamber of Commerce and Industry, it ismy honor to support the publication Israel-UAE Business Guide, which is a valuable resource for businesses That want to learnmore about trade and investment opportunities in both markets. Since the UAE and Israel normalized ties with the signing of the AbrahamAccords last, the two countries have spared no effort in exploring and capitalizing on existing business potential. The launch of direct flights, establishment of a joint investment fund and the easing of visa restrictions were all major developments that have accelerated economic cooperation in recent months. Trade is expected to play a fundamental role in strengthening UAE-Israel relations going forward. Dubai is an ideal hub for Israeli exports, strategically located between Asian and African markets, while Israel can become a gateway for Dubai exports bound for Europe and North America. As a leading representative of the private sector in Dubai, Dubai Chamber is playinga crucial role inbuilding ties between business communities in the UAE and Israel. These efforts support our aim to maximize opportunities for Dubai’s dynamic private sector, create a fertile ground for investments and enhance the capacity of our members to do business. All of these are strengths that the UAE can leverage as it transitions to a knowledge-based economy and maps out its vision for the next 50 years. Yours sincerely, Omar Khan Director – International Offices Dubai Chamber of Commerce and Industry 2021 < Business Guide < Israel-UAE Greetings < General Information < 11