Business & Economy

A new economic agreement between Abu Dhabi and Israel

After the UAE and Israel signed, in mid-September, a peace agreement at the White House,

This was followed by the signing of dozens of agreements in various fields, including the economic and commercial fields.

The latest of which was what the Abu Dhabi Ports Company revealed, which was the signing of a memorandum of understanding with the Israeli Industry Association.

According to the Abu Dhabi government media office, the memorandum of understanding aims to “enhance trade, investment and technological capabilities between the two countries.”

He explained that “the memorandum opens the way for bilateral cooperation between each of Khalifa Industrial City and Zonescorp (the largest operator of economic zones in the UAE) with the Israeli side in the fields of trade, investment, technology, research, development and innovation.”

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