The United Arab Emirates (UAE) has suspended diplomatic relation with Israel protesting the death of seven World Central Kitchen humanitarian workers in Gaza, i24NEWS reported citing official sources.
Al Nahyan affirmed the UAE's ongoing commitment to bilateral relations with Israel, describing its cooperation as a strategic approach to peace and development, which is an aspiration for the entire region.
UAE-Israel ties: High-tech market beckons investors
More maturing tech companies expected to turn to capital markets this year.
Israeli high-tech market, a cynosure of global investment firms, having raised $10.2 billion in 2020 alone, offers UAE investors an opportunity to capitalise on the immense growth trends in the wake of the historic Abraham Accord.
According to the IVC-Meitar Israeli Tech Review 2020, with more maturing tech companies expected to turn to capital markets this year, the market will have a greater appeal to foreign investors who far outperformed their Israeli counterparts during funding rounds and in follow-on investment in 2020.
Foreign investment was also behind the vast majority of the year’s largest deals above $100 million.