Israel UAE | Business Guide | 2021

Another area issmart citiesandsmart transportation. TheUAE countries are already therewithmany cities networked with smart cameras that also monitor mobility. As far as I know they want to promote their activities in these areas, in which Israel also has a lot to offer. There are many other areas in which we can collaborate - from finance (with an emphasis on Fintech, banking, insurance, InsurTech and payments), through advanced construction to medical cosmetics. We discovered that the Emirates have a great interest in innovative technologies developed in Israel in the fields of cyber, artificial intelligence and more. The UAE stands out in adopting technological innovation in all areas and is one of the most advanced countries in this respect in the world. This creates a fertile ground for cooperation with Israel. The fact that the UAE has a clear and long- termeconomic vision, based on the implementation of technological innovation in all sectors of the economy, also creates opportunities for joint business activity. One should remember that the new market of the Emirates is a developed one and, in this sense, it's ready and ripe to absorb the most advanced technologies, unlike developing countries whose needs are for basic solutions. This creates an even greater opportunity for Israel’s technological innovation-oriented companies. TheDubai Expo, whichwas postponed fromOctober 2020 to October 2021 , will be another opportunity for Israel to present its capabilities. The Israeli complex in the exhibitionwill present the industrial and technological developments of the "start-up nation". In this event wewill focus on creating one- on-one business meetings for Israeli companies with relevant counterparts from the UAE and other countries that will participate in the Dubai Expo. On the other hand, Israel can benefit from UAE capabilities such as an extensive logistical infrastructure, with strategic ports transporting goods all over the world, free trade zones and extensive ties with many countries. The peace and normalization agreements between the two countries creates an extraordinary opportunity for the two economies to cooperatewith each other towards a better tomorrow - a tomorrow of peace and economic prosperity that can truly light up the region and theMiddle East as a whole.ُ إِنْ شَاءَ ٱللَٰه S ince its establishment in 1921 , the Manufacturers' Association of Israel (MAI) has been recognized as an important pillar in the Israeli economy and its industry specifically. As an independent umbrella organization, MAI represents private, public, government and kibbutz-owned enterprises, constituting a powerful advocacy element both at the level of proposed legislation, and in practice. Through lobbying efforts and hands-on involvement in policymaking, MAI supports free and open trade based on reciprocity, fair trade, and facilitates opportunities for international trade. MAI’s direct and indirect membership of more than 2 , 000 companies accounts for over 90 %of Israel's industrial output. Along with the government and the Histadrut (trade union), MAI is one of the leading influencers in the Israeli economy and the sole representative body of all industrial sectors in Israel. Additionally, MAI's President serves as Chairman of the Israeli Employers & Business Organizations, a body that consists of companies that employ 80 % of workers in the private sector and represent companies from all business sectors. Unparalleled Network of Valuable Contacts With its broad network of formal and informal contactswith key players in the Israeli governmental and non-governmental organizations, MAI is at the forefront of Israeli industry and society. The Association is officially represented in many public institutions and agencies, both in Israel and abroad. Among themare the Israel Management Center, the Israeli Innovation Authority, the Federation of Bilateral Chambers of Commerce, The Israel Export and International Cooperation Institute, as well as numerous government institutions and institutions of higher education. In the international arena, MAI is represented in the EEN (EnterpriseEuropeNetwork), theWEF (WorldEconomicForum) the ILO (International Labor Organization), IOE (International Organization of Employers), BIAC (Business and Industry Advisory Committee), CIP (Competitiveness and Innovation Program), European Horizon 2020 R&D Program, and the ICCA (International Council of Chemical Associations). The Backbone and Voice of Industry For more information: www.industry.org.il The Manufacturers' Association of Israel < 79