Al Habtoor Group plans to open office in Israel

Business Bureau, Gulf Today

Khalaf Ahmad Al Habtoor - Founding Chairman of the Al Habtoor Group (AHG) - welcomed Shlomi Fogel of Ampa Group, Co-owner, Chairman and CEO - at the AHG headquarters on Al Wasl Road, Dubai.

The meeting coincided with the signing of the Abraham Accords Peace Agreement signed in Washington between the United Arab Emirates (UAE) and Israel on Sept.15, 2020, marking a new era of normalised relations between the two nations.

Al Habtoor and Fogel, both heads of leading diversified business conglomerates in the UAE and Israel respectively, expressed their celebration of what this new historical milestone represents.

Al Habtoor said: “I have been looking forward to this day for a very long time. I have always believed that Emiratis and Israelis have a lot in common. Both peoples are business-oriented and have relied on human talent and ambition more than their countries’ natural resources to build robust, innovative economies.

“The opportunities that this deal will present are great for both sides. I am confident this will open up new doors and lead to stronger economies, and closer cultural ties between the peoples,” he added.

Fogel commented: “Through successful business collaboration and trade, peace will be cemented. Together with our Emirati counterparts, we will show the way to live in peace to the rest of the world.” Fogel was accompanied in the meeting by Erez Katz - CEO of Ciment, Or Eyal - Fogel’s Executive Advisor, Saar Bracha - CEO of the agricultural arm, and several other executives from the Ampa Group.

From AHG side, present in the meeting were Mohammed Al Habtoor - Vice Chairman & CEO, Ahmad Al Habtoor - CEO of Al Habtoor Motors, Maan Halabi - Managing Director, Sanjeev Agarwala - Assistant Managing Director, and other members of the senior management.