UAE Announces Establishment of $10 billion Fund for Investments in Israel
2021-03-12 - 7:04 p
Bahrain Mirror: The United Arab Emirates announced the establishment of a $10 billion fund aimed at investing in strategic sectors in Israel.
WAM said that Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received a phone call from Benjamin Netanyahu, Prime Minister of the State of Israel, during which they discussed the progress of bilateral relations between the two countries in the light of the peace agreement they signed.
Through this fund, the UAE will invest in and alongside Israel across sectors including energy, manufacturing, water, space, healthcare and agri-tech.
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