Home GCC UAE Israel’s two biggest banks sending delegations to UAE The normalisation process announced last month is the first between Israel and a Gulf Arab state by Bloomberg September 7, 2020 Israel’s two largest banks are headed to the United Arab Emirates this month to explore opportunities for cooperation now that the countries have started normalising ties. A delegation from Israel’s Bank Hapoalim, led by chief executive officer Dov Kotler, will travel to the UAE on Tuesday to meet with banking and finance executives, as well as senior economic officials, the lender said on Sunday in a statement. A Bank Leumi le-Israel team of 20 senior executives, led by chairman Samer Haj Yehia and CEO Hanan Friedman, is scheduled to visit the UAE on September 14, and plans to sign cooperation agreements with leading Emirati banks while there, the Israeli lender said. Read: First Abu Dhabi Bank to Start Talks With Israeli Lenders The normalisation process announced last month is the first between Israel and a Gulf Arab state. Tags Bank Hapoalim Bank Leumi le-Israel Banks Delegation Israel UAE 0 Comments You might also like UAE allocates Dhs2bn to support Emiratis affected by floods UAE-Oman railway Hafeet Rail enters implementation phase UAE, Oman firms sign multi-sectoral deals worth Dhs129bn UAE to announce petrol prices for May: will rates increase further?