Israeli technology companies see strong prospects in various sectors of the UAE and intend to use Dubai as a hub for various services to the wider Gulf, Africa, and Asia regions, according to the positive responses at the Gitex Technology Week.
The executives of large Israeli corporations and startups are overwhelmed with the scale of UAE projects see strong growth potential in key sectors such as education, agriculture, agriculture, transportation, tourism and government institutions.
“We are excited to be here and see ties with the UAE as an important development. There are so many areas where we can cooperate and grow together. We see good potential in sectors like tourism, sports, transportation, education, and government entities. There is a huge potential in the UAE’s corporate markets as well. The level of quality that is required here, needs high-quality products and Israeli products meet those standards.”
The signing of the Abraham Accord paved way for the business ties and trade between the two nations to expand at a fast pace rate and the non-oil trade between them is to be expected to hit $4 billion. Around ten thousand Israeli tourists are expected to visit the UAE in December alone.
Nadav Avni who is the Marketing Director of RadiX, an Israeli company that provides state-of-the-art device management solutions, also sees great opportunities in the UAE and a great deal of interest in Israeli products from local players. “We are looking to tap other countries of the region through Dubai and expect to find many partners in the region,” added Mr. Avni.
Noam Azran, CEO of Israeli startup Beefree Agro, is concerned about the scope of things and how they are organized. “People are very courteous and everyone is helping us. We are developing a solution for the UAE market for both grazing and racing camels. Dubai and the UAE are a great place for doing business across the Gulf region, Africa, and Asia. And Gitex is an opportunity to distribute and reach out to new markets,” said Mr. Azran.