In Porto Alegre, the capital of Rio Grande do Sul, the Guaiba lake broke its banks, flooding streets
americas9 hours ago
Business ties between the UAE and Israel will make the region more secure and also make people's lives better, said Sultan Ahmed bin Sulayem, group chairman and CEO of DP World.
"We have been wasting our time in confrontation, cold and hot wars. We believe that this new relationship between the two countries is going to strengthen the position in resolving the issues. The UAE is looking at opportunities that can come out of this (new relationship) that help both (the countries)," said bin Sulayem.
"I think any development in business between the UAE and Israel is going to have a positive effect on the region as it'll create opportunities and everybody will benefit," he told CNN in an interview on Tuesday.
The UAE and Israel have normalised ties which will benefit businesses in both the countries across a range of sectors including technology, defense, travel and tourism and logistics among others.
During the first official visit of a high-level Israeli delegations to the UAE this month, the global port operator signed a deal with Israel's DoverTower to bid for one of Israel's two main ports and to examine opening a direct shipping line between the two Middle Eastern countries. In addition, Israel Shipyards and Dubai's Drydocks World are also examining partnerships in producing and marketing products in Dubai.
Bin Sulayem said the UAE needs technology from Israel while Israel will be looking to cash in on the UAE's strategic position in order to access two billion plus market of the Indian Subcontinent and Africa.
waheedabbas@khaleejtimes.com
In Porto Alegre, the capital of Rio Grande do Sul, the Guaiba lake broke its banks, flooding streets
americas9 hours ago
Khan, 53, who became the first Muslim mayor of the British capital in 2016, has pledged to build more social housing
europe9 hours ago
Charlie Appleby and William Buick team up to win the prestigious English Classic for the second time in three years following Coroebus in 2022
sports10 hours ago
A UNESCO report found that journalists and news outlets reporting on environmental issues dealt with about 750 attacks in the past 15 years
world10 hours ago
Here is everything you need to have in hand before you register for the procedure
uae11 hours ago
The discovery was made after Sharjah National Oil Corporation drilled a well
uae11 hours ago
Over 500,000 people, who are not on the taxpayer list are liable to file their income tax returns for 2023
world11 hours ago
From interacting with authors to learning computer coding, an adventure awaits at every corner
uae12 hours ago