JVP Chairman Erel Margalit has met with potential partners and looked at at least one possible site for a hub during a visit to the UAE this week.
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"We can do it soon but we need to see that the interest is real and that we are embarking on something big together," he told Reuters at a Dubai hotel.
"It needs to be something big because, as an investor, you always want to be in a place where the most innovative things in the world are being done," he said, suggesting a public-private partnership could benefit such a center.
The Gulf Arab state has a nascent tech start-up scene largely driven by the government, while Israel, known as the 'startup nation', has a thriving private sector.
