Foreign Minister Yair Lapid tells WAM, the official news agency of the United Arab Emirates, that bilateral trade between Israel and the UAE has reached more than NIS 2.2 billion ($675 million) after just 10 months of ties.
“We need to allow our economies to integrate and prosper. We need to preserve the open dialogue and open-mindedness,” Lapid says. “Since September 2020, a number of transactions, valued at tens of millions of dollars, have been signed between Israeli and Emirati companies in the fields of AI, cyber, renewable energy, water security, health and more,” adds the foreign minister, who is currently on a two-day trip to the UAE.
“The horizons are promising for companies from both countries operating in these and other fields, including food security and desert-tech.”
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Wednesday, June 30, 2021
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