TIMES OF ISRAEL
UAE announces $10 billion fund for investments in Israel
by AFP
March 12, 2021

The United Arab Emirates on Thursday announced it was setting up a $10 billion investment fund aimed at strategic sectors in Israel, with whom it normalized ties last year. The decision, the UAE official news agency WAM said, was taken following a “constructive” phone call between Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed and Prime Minister Benjamin Netanyahu. Through the $10 billion fund, the UAE “will invest in and alongside Israel, across sectors including energy manufacturing, water, space, healthcare and agri-tech,” it said. READ MORE