The chairman had previously disclosed that the group had launched talks with Israir Airlines to open direct commercial flights between the UAE and Israel
Resident guests of the hotel will also be offered the option of kosher in-room dining services
ADIO will subsequently open offices in Europe, North America and Asia
Bank Leumi currently holds approximately 30 per cent market share in the Israeli banking system
The signing ceremony is set to take place on Tuesday
President Donald Trump praised the move by Bahrain, coming days before he was already scheduled to host leaders from Israel and the UAE in Washington for a signing ceremony at the White House
The new office will be led by a team of experts from both countries and will focus on healthcare and Covid-19 diagnostic solutions
Dr Anwar Gargash made the remarks during a remote meeting of the Arab League foreign ministers on Wednesday
The Israeli delegation will include Prime Minister Benjamin Netanyahu
The normalisation process announced last month is the first between Israel and a Gulf Arab state
The decision follows the signing of a memorandum of understanding between the UAE central bank and the Israeli Prime Minister’s Office
The collaboration will focus on innovation and technology
In another event on Monday, the UAE reiterated its support for the cause of an independent Palestinian State with East Jerusalem as its capital
A delegation of Israelis and Americans were onboard El Al flight 971 that departed from Ben Gurion Airport in Tel Aviv earlier on Monday
On August 13, the countries announced their plan to normalise ties, a first between Israel and a Gulf Arab nation
Discussions between Bank Leumi and Emirates NBD Bank are at an early stage and no final decisions have been made
An Etihad Airways cargo plane from Abu Dhabi made the first known commercial flight between the countries in May with a humanitarian shipment for the Palestinians
On August 13, the UAE and Israel reached an historic agreement to normalise relations between the two countries
His visit to the UAE forms part of a broader Middle East tour
Pompeo was in Israel and Sudan this week as part of an outreach
Reports claimed contacts had been established at the ministerial level between the two countries to conclude a security agreement
Emirates was supposed to take delivery of three A380s in June, but the carrier agreed with Airbus to delay these until later this year
The plan proposes normalised relations with Israel only after it withdraws from the Palestinian territories
Israel and the UAE disclosed on Thursday that they had decided to put aside decades of official animosity in favour of normalising ties
Abu Dhabi Stem Cells Centre and Pluristem Therapeutics Inc. signed an MoU on Monday
The two countries announced last week that they plan to normalise relations
Tehran termed the pact as a strategic mistake
The deal is all about the UAE, Israel and the United States, says Gargash
The agreement was signed between APEX National Investment and TeraGroup at the headquarters of Al Qudra Holding in Abu Dhabi
US President Donald Trump said the deal will facilitate peace in the Mideast