Abu Dhabi Global Market (ADGM) will sign a memorandum of understanding with Israel Securities Authority and Israel's biggest lender, Bank Hapoalim, to support financial technology, ADGM chairman Ahmed Ali al-Sayegh said on Wednesday.
Since the two countries normalized relations in September, business and cultural relations have been booming, with Israeli delegations in a host of fields traveling to the Emirates to develop working relations and pursue joint ventures.
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Collaboration extends to culture and sports as well. Most recently, the soccer leagues in Israel and the United Arab Emirates announced a working agreement that includes exploring ideas for competitions between their teams.
