UAE News: Abu Dhabi Wealth Fund Urges Israelis to Invest in Gulf - Bloomberg:
A top executive at Abu Dhabi sovereign wealth fund Mubadala Investment Co. called on Israeli start-up investors to operate in the Gulf Arab region, in a new sign of warming ties between the countries.
“We need to welcome all sorts of investors, even investors that are very active in Israel, Israeli investors that ultimately come to see opportunities in the region,” said Ibrahim Ajami, head of Mubadala’s venture capital arm. “I don’t see a reason why we should not do that,” he said.
Ajami was speaking at a panel on venture capital at the Milken Institute conference in Abu Dhabi. Joining him was Avi Eyal, co-founder and managing partner of Entree Capital, a venture capital firm that focuses heavily on Israel. Ajami said he and Eyal have invested together twice and have been working together “for a couple of years now.”
Eyal, speaking directly to Ajami, offered to set up a fund in the U.A.E. capital.
No comments:
Post a Comment