Emirati investors highly interested in Israeli high-tech, agro-tech
According to estimates, $1 billion in investments between Israel and the United Arab Emirates were made in the last two months of 2020.
The thesis that the Abraham Accords are a partial realization of the Trump administration’s “deal of the century” is gaining momentum, as by the close economic ties emerging between Israel, the United Arab Emirates (UAE) and Bahrain, and through them, Saudi Arabia, too.
The first steps were taken by the governments of these countries, which signed agreements allowing for trade. There is good reason that one of the first Israeli delegations to the UAE in September was a senior business delegation. During that visit, the chief economist in Israel’s Finance Ministry signed a series of agreements allowing for investments between the two countries. These involved the kind of banking agreements that opened the financial pipeline, as well as agreements to promote cooperation in finance and investment.
