This marks the first state-sponsored business delegation from the UAE

The UAE Embassy in Israel and the Israeli Ministry of Economy and Industry hosted government and business leaders in Tel Aviv on Wednesday for the first bi-national business conference dedicated to innovation and technology.

Held in partnership with the not-for-profit organisation Start-Up National Central, the UAE-Israel Business Forum was initiated by UAE Ambassador to Israel Mohamed Al Khaja.

The forum constitutes the next step in his ongoing partnership with Start-Up Nation Central, led by CEO Avi Hasson.

The conference highlighted the countries’ commitment to innovation diplomacy by way of promoting business-to-business ties in an effort to create a joint regional hub of entrepreneurship.

The conference explored the role of multinational corporations as drivers of technological innovation; ways to create an innovative ecosystem that can benefit the region; opportunities for business growth; and the role of collaboration in achieving mutually beneficial commercial success.

Around 200 experts attended the event. This marks the first state-sponsored business delegation from the UAE.