Abu Dhabi's ADGM and Israeli Corporations Authority partner on business registrations

Dubai: The Abu Dhabi Global Market's (ADGM) Registration Authority and the Registrar of Companies in Israeli Corporations Authority have signed an agreement to facilitate business opportunities between both jurisdictions and boost registration functions.

The deal is expected to promote “closer and wider partnership” between Israeli and UAE businesses. It will also allow sharing of professional knowledge and the provision of mutual assistance between the authorities, the regulators said in a statement.

“We are confident that this agreement will result in fruitful outcomes for entities residing in both the UAE and Israel, serving as a gateway to valuable expansion and investment opportunities across both thriving business hubs and the wider region,” said Dhaher Al Mheiri, CEO of the ADGM Registration Authority.

“The RA’s entering of this agreement will look to leverage the synergies between our respective jurisdictions across the high potential areas such as fintech and entrepreneurship, and as well as each jurisdiction’s progressive regulatory frameworks, to facilitate mutual growth.”