DP World signs MoU with Bank Leumi to promote flow of trade between Israel and the wider region

DP World has signed a Memorandum of Understanding (MoU) with Israel’s oldest banking corporation, Bank Leumi, to work together to enhance trade and logistics in Israel.

Aiming to promote the flow of trade between Israel and the wider region, the MoU includes a framework for collaboration which will enable the parties to explore potential opportunities.

This includes the development of ports and logistics assets in Israel to drive trade and greater job creation, trade finance solutions to simplify working capital requirements for customers improved flow of cargo and digital solutions in end-to-end logistics to remove inefficiencies in the supply chain.