Monday 26 October 2020

Khalaf Ahmad Al Habtoor (R) and Shlomi Fogel at the AHG
headquarters on Al Wasl Road, Dubai.

Al Habtoor Group plans to open office in Israel

DUBAI, September 20, 2020

Khalaf Al Habtoor, Founding Chairman of UAE-based conglomerate Al Habtoor Group (AHG), has revealed plans to open a representative office in Israel, following his meeting with Shlomi Fogel, Chairman of Israeli Ampa Group.

Al Habtoor and Fogel expressed their celebration of the signing of the Abraham Accords Peace Agreement signed in Washington DC between the UAE and Israel on September 15, marking a new era of normalized relations between the two nations.

Al Habtoor said: “I have been looking forward to this day for a very long time. I have always believed that Emiratis and Israelis have a lot in common. Both peoples are business-oriented and have relied on human talent and ambition more than their countries’ natural resources to build robust, innovative economies.”
“The opportunities that this deal will present are great for both sides. I am confident this will open up new doors and lead to stronger economies, and closer cultural ties between the peoples,” he added.
Fogel commented: “Through successful business collaboration and trade, peace will be cemented. Together with our Emirati counterparts, we will show the way to live in peace to the rest of the world.”

“Since the announcement of the normalization of relationships between the UAE and Israel, we have received a large number of inquiries for collaboration in several fields, ranging from AI and technology, to agriculture, hospitality and trading. The possibilities are endless for both sides in our diversified fields and new ones, and we want to be present to grasp them,” said Al Habtoor.

He had previously disclosed that the Group had launched talks with Israir Airlines, a domestic Israeli carrier, to open direct commercial flights. “We are preparing to reveal a few collaborations in the coming days,” he concluded.- TradeArabia News Service


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