UAE is to establish $ 10 billion funds for investment in Israel. Following a telephone conversation between Abu Dhabi Crown Prince Mohammed bin Zayed Al Nahyan and Israeli Prime Minister Benjamin Netanyahu Thursday, it was announced that the UAE would establish a $ 10 billion fund to invest in “strategic sectors” in occupied Palestine.
The UAE State News Agency (WAM) reported that these strategic sectors include energy, water supply, space, health, and agricultural technology.
According to the report, the fund was established in line with the United Arab Emirates-Israel compromise agreement, with the aim of strengthening economic relations between the two sides in the region and creating opportunities for joint cooperation.
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