OurCrowd Talks Areas of Joint Interest Between UAE and Israel

Following the Abraham Accords, initiated by the Trump administration that saw the normalization of relations between the UAE and Bahrain, OurCrowd – a top global early-stage investment platform, moved quickly to announce relations with middle east gr0ups. After quietly working behind the scenes for years, OurCrowd connected with the Al Naboodah Investment Company to build bridges between the two sides. – including a $100 million investment commitment.

This week, OurCrowd founder and CEO Jon Medved took the stage at the Global Investment Forum in Dubai, co-sponsored by The Jerusalem Post and the Khaleej Times, to discuss the emerging opportunities empowered by improving relations.

In a report by the JPost, Medved said that the low tax and business friendly UAE is a “gateway to billions of people who we have not been able to reach with our products and services from our start-ups.”

Medved said he saw the potential for collaboration across a range of sectors including Fintech, digital health,  mobility, Foodtech and more.

Medved stated:

“We want to bring our companies looking to grow there to access new markets and raise new capital. We are here for the long run.”

The report states that OurCrowd has already hired a Dubai based team and is in the process of opening a new office where the crowdfunding platform can work with local partners in a mutually beneficial relationship.  Medved said it a “gateway to half of the world.”

 

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