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UAE’s Etihad Airways joins new Israeli program to foster travel tech

15 6 9

Arieli Capital, a holdings and investment company, said that Etihad Airways, the national airline of the United Arab Emirates, will be a partner in a new Israeli accelerator program focused on fostering startups in the field of tourism.

The NIS 10 million ($3 million) program, called OnBoard, seeks to help fledgling Israeli and international firms in the field of travel technologies link up with travel giants and develop business relationships with them, enabling travel firms to tap into the latest technologies.

The program will be managed by Arieli Capital and was launched this week in partnership with tourism giants Booking.com, Spain’s travel firm Amadeus and Etihad Airways. These partners will help select the startups for the program, mentor them and link them up with strategic opportunities in the sector, Arieli Capital said.

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© The Times of Israel

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