UAE and Israel deal opens doors to business | Malay Mail

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DUBAI, Sept 1 — The UAE and Israel are opening their doors to a wide range of business opportunities after the surprise agreement to normalise relations. The two states have long forged commercial and technology links, but with the arrival of a joint US-Israeli delegation yesterday they can now...

Israeli National Security Advisor Meir Ben-Shabbat, US President's Senior Advisor Jared Kushner and UAE's National Security Adviser Sheikh Tahnoun bin Zayed Al Nahyan hold a meeting in Abu Dhabi August 31, 2020. — Picture by Ministry of Presidential Affairs/WAM/Handout via Reuters

The two already collaborate on research in various fields and even before the deal was announced on August 13, Israeli Prime Minister Benjamin Netanyahu said his country was working with the United Arab Emirates on ways to combat coronavirus. “Israel would benefit greatly if it can purchase UAE oil, and the UAE will benefit if it can sell to a hungry customer,” she said.

The UAE has forged a similar reputation, with more than a third of start-ups in the Middle East and North Africa reported to be based in the country, which seeks to be a powerhouse in the technology sector.

 

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