MeeTurkey Alternative Tourism & MICE Magazine - November 2020

NEWS LINE WORLD Export Institute and Israel’s Ministries of Economy and Foreign Affairs, which are actively engaged in the promotion of Israeli industry following the recent signing of the peace treaty with the UAE. The Israel Export Institute, responsible for Israeli participation in international exhibitions, will now take on this role for the first time in the Gulf States.

DWTC hosts and organises some of the world’s most renowned mega events and exhibitions and is an influential knowledge-sharing platform with prominent events spanning diverse sectors including technology, foodtech, cyberspace and lifestyle. Fuelled by Dubai’s reputation as a strategic regional business and financial hub, DWTC serves as a leading destination for international conferences and trade fairs, as well as a multi-faceted ecosystem that supports the growth of businesses across the Middle East, North Africa and South Asia (MENASA) region. DWTC’s innovative and expansive portfolio has continued to redefine the region’s MICE industry and has also driven new areas of economic growth and investment into Dubai and the UAE. His Excellency Abdulla bin Touq Al Mari, UAE Minister of Economy said: “The historic signing of the Abraham Accords agreement has opened new avenues for strengthened collaboration and exchange between the UAE and Israel. It has also established a framework for bilateral trade and economic ties to flourish between both states. Partnerships such as the one between the Dubai World Trade Centre and the Israel Export Institute will have a wide-reaching positive impact, as not only both nations stand to benefit, but so does the wider region, particularly through an inward flow of investment and trade, increased cooperation, knowledge sharing, and large-scale innovation.”

Gabi Ashkenazi, Israel’s Minister of Foreign Affairs, said: “The Ministry of Foreign Affairs has operated for many years in the financial field in the Gulf States in general.I welcome this step, carried out in cooperation with the Israel Export Institute, and which will promote the economies of both Israel and the UAE.” Amir Peretz, Minister of Economy and Industry said: “The fruits of peace are ripening faster than imaginable. The trade agreement with the Dubai World Trade Centre is the first step towards a comprehensive trade agreement to be signed within the coming weeks between the Ministry of Economy and the UAE Government. The agreement will cover a wide range of areas that could bring billions of dollars into the Israeli economy. This development 22 | MeeTurkey | November 2020