Published On: Thu, Nov 28th, 2013

The Mexican billionaire Carlos Slim: We Want to Invest More in Israel


The Mexican billionaire told President Shimon Peres and a delegation of 80 Israelis about his admiration for Israeli technology.

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Mexico’s wealthiest businessman Carlos Slim

President Shimon Peres met Mexico’s wealthiest businessman Carlos Slim yesterday. Peres is on a state visit to Mexico, heading a delegation of 80 top Israeli executives that is seeking to deepen economic, diplomatic and security cooperation between the two countriesPeres said, “The fact that Israel did not have natural resources led us to rely on and nurture our human resources and encourage young people in Israel to dare, to break through barriers, and to think big.”

Peres extended an invitation to Slim to come to Israel at the head of a delegation of his senior executives and see at first hand the technological developments that Israel has to offer.

Slim said that he was touched to receive such an invitation and will be happy to visit Israel. He added, “Technology is the engine of the present era and the Slim Group will be happy to take part in additional investments in Israel. We like to have our finger on the pulse of everything regarding new technologies and I know that in this Israel is a world leader, so we are interested in Israeli developments. I’m glad that through our connection and friendship the opportunity was created for this unique visit here by the Israeli delegation to Grupo Carso.”

Earlier this month Slim’s América Móvil SAB de CV (NYSE: AMX; Nasdaq: AMOV; BMV: AMX) made a strategic investment in mobile social networks photo and video-sharing platform Mobli Ltd. as part of the Israeli start-up’s $60 million financing round.

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