UAE affirms that investments in Israel are not politically driven

UAE’s announcement to study the investment prospects of $10 billion in Israel is “commercially driven and not politically associated and was in line with the UAE’s track record of looking for investment opportunities across the world Dr. Sultan Al Jaber said.

He also highlighted that “we are at a very early stage in studying the laws and policies in Israel” and stressed that “we are establishing what bilateral agreements need to be in place to support and protect our investments”.

Last Thursday, the UAE announced it is studying the possibility of investing $10 billion aimed at a number of sectors including energy, manufacturing, water, space, health care, and agri-tech. However, Dr. Al Jaber highlighted “that these are very early days”, indicating that there remain quite a number of matters to resolve before any investments are made.

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