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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.
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.
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