First Abu Dhabi Bank - the largest UAE bank - announced that it has started cooperation talks with Israeli financial institutions, most notably Bank Hapoalim and Leumi, the two largest banks in Israel.
He said on his Twitter account on Tuesday, "First Abu Dhabi Bank will start discussions with financial institutions in Israel, namely Hapoalim and Leumi Banks."
The Emirates Bank added that the discussions aimed at establishing banking relationships that would enhance financial and economic cooperation between the UAE and Israel, with a focus on establishing relationships between banks, bilateral trade, technology and innovation.
And last Wednesday, Bank Leumi revealed that it had started cooperation talks with a major Emirati bank.
Shmulik Erbil, head of the institutions sector at the Bank of Israel, said at the time that his bank and the UAE bank were interested in helping clients of local companies in both countries to do business in the other country.
And earlier Tuesday, an Israeli-Emirati agreement was announced for cooperation in the field of financial and banking services.
Ronen Peretz, Deputy Director General of the Israeli Cabinet, signed with the Governor of the UAE Bank, Abdullah Hamid Saeed, a preliminary protocol, in the field of financial and banking cooperation.
Israeli Prime Minister Benjamin Netanyahu said that this agreement will contribute to supporting joint investments and cooperation in several fields, including tourism, trade and air travel.
A cooperation agreement was also announced between the Abu Dhabi Investment Office and an institution that invested in Israel, to facilitate joint investments between the two sides.
On Tuesday, an official Israeli delegation ended its first public official visit to the UAE, in which it discussed the details of an agreement for full normalization between the two parties announced on August 13.
The delegation arrived at Abu Dhabi airport, on Monday, on a plane belonging to the Israeli El Al company, in the first direct commercial flight from Israel to the Emirates, and it flew over Saudi airspace.