Israel-Dubai trade reaches $272M since normalization
Exports to Israel were almost twice as high in terms of volume as the imports, standing at roughly 60% and 30% of the total, respectively.
Exports to Israel were almost twice as high in terms of volume as the imports, standing at roughly 60% and 30% of the total, respectively.
The IPO, the biggest US listing in 2021 so far, will see Playtika traded under the ticker symbol "PLTK." IPO seen as a test how of how much investors favor gaming stocks in the ear of the global pandemic.
Some 19 Israeli tech firms held initial public offerings this year, led by Lemonade, JFrog and Nano-X in the United States and Ecoppia Scientific and Aquarius Engines in Tel Aviv.
New York-Israel Business Alliance President Aaron Kaplowitz: New York's restaurant industry stands at the forefront of a high-stakes public policy decision that pits economic livelihood against physical health.
"The trade agreements are a message to the world that not only are we business partners, but we are also friends, two nations who want to live in peace," says Emirati businessman Dr. Faisal Ali Mousa.
Dubai state-owned DP World, one of the world’s largest port operators, is partnering with an Israeli group to bid for one of Israel’s main ports. Initial UAE-Israel bilateral trade could be worth $5 billion, says Sultan Ahmed bin Sulayem.
GITEX Technology Week in Dubai is the third-largest tech event in the world and the only one to be held live in 2020.
"This is an exciting new chapter in the trade story of the United Arab Emirates and Israel, and one that will usher in a new wave of Israeli enterprise through Dubai," said Ahmed Bin Sulayem, chairman of the Dubai Diamond Exchange.
Watergen, an Israeli company whose solution creates water from air, have agreed to found a center to distribute machinery to produce potable water.
The Abraham Accords, the United Arab Emirates has opened its doors to Israeli investors, who can now avail themselves of a myriad of lucrative opportunities by setting up businesses in the emirates.
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