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Dubai's DIFC, Israel's Bank Hapoalim Sign Agreement

Dubai's DIFC, Israel's Bank Hapoalim Sign Agreement

Saturday, 21 November, 2020 - 09:00
The national flags of Israel and the United Arab Emirates flutter along a highway following the agreement to formalize ties between the two countries, in Netanya, Israel August 17, 2020. REUTERS/Nir Elias /File Photo

The Dubai International Financial Center (DIFC) and Israel's Bank Hapoalim have agreed to cooperate across financial services activities, the Dubai Media Office said in a statement on Saturday.

"Bank Hapoalim will become part of DIFC's global network of banks, financial centers, regulators and companies," the statement said.

The agreement came as part of other cooperation deals struck between the UAE and Israel after they normalized their relations.

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