Eight teams will compete in this groundbreaking event and more than 10,000 spectators are expected to witness the inaugural edition
Dr. Raphael Nagel, founder and chairman of the Abrahamic Business Circle, described how the Abraham Accords have forged a path to peace and prosperity between the UAE, Bahrain and Israel, and discussed the numerous investment possibilities between Israel and the Gulf states.
Speaking in a one-on-one interview at the Global Investment Forum in Dubai, he said: “Israel’s biggest export is technology, and when you have a lot of technology, there are a lot of things that you can collaborate on with the Gulf states, and especially the UAE.”
He added that Israeli businesses have well-established knowledge, experience, and expertise across a range of areas, which the UAE can now benefit from as well, including energy (including renewable energy), water, aviation, finance and investment, and telecommunications. Dr. Nagel said that the agreements would lead to an increase in tourism, business, entrepreneurship, space exploration, and investment. At the gala evening event preceding the Global Investment Forum, Dr Nagel received the Jerusalem Post Award for Economic Diplomacy for his efforts in fostering a shared vision of tolerance and economic prosperity.
Dr. Nagel said that he anticipates the signing of a bilateral agreement that will provide incentives and protections to entrepreneurs who make investments in each other’s countries. “It is now anticipated,” he noted, “that several Israeli businesses and investors will be looking to the UAE to set up or expand their operations.”
Dr. Nagel pointed out that the Abrahamic Accords – in addition to boosting economic ties and trade between the countries – will bring new opportunities for cooperation between the UAE and Israel.
Eight teams will compete in this groundbreaking event and more than 10,000 spectators are expected to witness the inaugural edition
Robust performance acknowledged at its annual general meeting
Israel has baulked at a permanent ceasefire, saying that would only allow Hamas to regroup
Total income reached to Dh5.607 billion compared to Dh4.431 billion, a solid expansion of 26.5 per cent YoY
Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler of Sharjah, presented the awards to the winners in various categories
Apart from the road network, the exclusive island will feature a helipad, and plans are afoot to connect it through waterways from Abu Dhabi and Dubai
Move aims to deepen multi-sectoral cooperation
The new development is setting new benchmarks in luxury living, combining opulent amenities with breathtaking natural landscapes