Abu Dhabi’s Mubadala seeks Israeli tech, investment partners

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Thu, 2020-11-26 00:57

DUBAI: Abu Dhabi state investor Mubadala plans to identify potential fund partners in Israel and find high-growth technology firms in which to co-invest, as the UAE and Israel seek to boost commercial ties after normalizing relations.

“There will be interesting opportunities with joint funds or joint ventures, but we are still early on in evaluating this,” Ibrahim Ajami, head of Mubadala’s Ventures unit, told a financial technology conference in Abu Dhabi on Wednesday.

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