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  • Writer's pictureMiddle East Center for Reporting an Analysis

UAE announces $10 billion for investments in Israel

Gulf News reported on March 11 that "following a constructive phone call His Highness Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has received from Benjamin Netanyahu, Prime Minister of the State of Israel, the United Arab Emirates has announced the establishment of a $10 billion (Dh36 billion) fund aimed at strategic sectors in Israel." This is an important step in Israel-UAE ties. Read more here.

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