The UAE and Israel are planning to include some Palestinian areas in their bilateral economic engagements, according to the UAE's Minister of Economy.
During a virtual session organised by the Atlantic Council, Abdullah bin Touq Al Marri said: "We have discussed this today with my Israeli counterpart and we are working on something."
He also estimates that between US$300 million (AED 1.1 billion) and US$550 million (AED 2 billion) worth of businesses will emerge as part of the wider economic engagements between the UAE and Israel.
"An exact figure will come later," the minister added.
Al Marri explained that the deals will not cause competition but complement each other’s economic interests.
Abu Dhabi boosts transparency, governance in real estate sector
Dr. Sultan Al Jaber dedicates leadership award to UAE President, frontline workers
Dubai achieves highest-ever ranking in Global Financial Centres Index
Stocks gain with oil prices easing on optimism from possible ceasefire talks
Australia moves to double fines for fuel gouging amid shortages
