Dr. Ajith Kumar V.V
The normalization of relations between the UAE and Israel has opened huge opportunities for businesses and financial institutions from both countries to cooperate, Dov Kotler, CEO of Bank Hapoalim told Gulf News in a recent interview in Dubai. Founded almost 100 years ago, Bank Hapoalim is a household brand for consumer and corporate lending and has one of the largest retail branch network in the country. Bank Hapoalim has been in the forefront to establishing ties with UAE banks and financial institutions following the normalization of relations between the two countries. The Israeli bank entered to agreements with two the leading UAE banks such as the First Abu Dhabi Bank (FAB) and Emirates NBD in early September this year.