BLP launches Tel Aviv representative base

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  • Bet the Abu Dhabi partners are over the moon about this.

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  • The gulf states are and have been for years among the largest trading partners of Israel. It is all done in a low key fashion but is not exactly a secret.
    This is a smart move by BLP. Israel's economy is booming and has been booming throughout the crisis while its high tech capabilities exceed those of Silicon Valley.

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  • "The gulf states are and have been for years among the largest trading partners of Israel."
    Wrong. The US is by far Israel's largest trade partner followed by the EU. There is some trade, of course, with Jordan and other neighbouring Arab States but little direct trade with Gulf States.

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  • Well, there is a bit of truth in both, the GCC states do trade with Israel but usually through entities in third party states so as no to breach the boycott laws which have been in place since the 70s in all GCC jurisdictions. So yes they do trade but usually not directly.

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  • What a load of rubbish - it's like saying that Israel engages in indirect trade with Iran.

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  • And if there is indirect trade, how is it possible to verify the statement that gulf states are amongst Israel's largest trade partners when this supposed trade is deliberately concealed? The reason it would be concealed, anyway, validates the first comment: connections with Israel are not something you broadcast in the Gulf.

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