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Israel
Tuesday, June 1, 2021 at 11:42 am | כ א סיון תשפ א
YERUSHALAYIM (Reuters) -
A general view of the Abu Dhabi skyline. (REUTERS/Ahmed Jadallah/File Photo)
Israel plans to open an economic attache office in Abu Dhabi this summer to attract foreign investment and boost economic relations with Gulf states and the broader Arab world, the Economy Ministry said on Tuesday.
On Monday, an Emirati embassy opened in Tel Aviv while Israel’s Finance Ministry said Israel and the United Arab Emirates signed a tax treaty to spur business development between the countries.
Economy Minister Amir Peretz said he saw “enormous economic potential” in strengthening Israeli-Emirati relations.
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