First UAE-Israel understanding concluded in landmark visit
Hours before the landmark Israel delegation flew out of Abu Dhabi on Tuesday, PM Binyamin Netanyahu announced that Israel and the UAE had agreed to set up a joint committee for cooperation on financial and banking services with a view to promoting two-way investment. He added:. “We will soon announce further agreements in the fields of aviation, tourism, trade and more.”
The UAE’s media office later confirmed the deal via Twitter. “Abu Dhabi Investment Office and Israel set out plans for bilateral investment cooperation, during a landmark first meeting when both parties explored mutually beneficial areas of partnership with a strong focus on innovation and technology,” said the statement. The Israeli officials flew home via Saudi skies.