The UAE and Israel Have Agreed To Set Up A Joint Committee To Promote Investment Between The Two Countries

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The UAE and Israel have agreed to set up a joint committee to cooperate on financial services, it was announced earlier this week.

The committee will serve to promote investment between the two states

A memorandum of understanding for future cooperation in the banking and financial sector was signed between the Governor of Central Bank of the UAE and the Director-General of the Israeli Prime Minister’s Office.

The deal followed the historic visit of the US-Israeli delegation to Abu Dhabi to finalize normalizing relationships between Israel and the UAE.

Read More: The First Passenger Flight From Israel To The UAE Bearing The Words ‘Peace’ Landed Today

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