Israeli parliament backs UAE normalisation deal

Israel’s parliament voted Thursday in favour of normalisation of ties with the United Arab Emirates after a marathon debate with over 100 speeches lasting more than eight hours. A total of 80 lawmakers voted to approve the US-brokered agreement, with 13 from the Arab-led Joint List against. “This historic agreement… will bring us closer to … Read more

UAE, Israel working on double tax treaty to encourage investment

The United Arab Emirates and Israel have reached a preliminary agreement on avoiding double taxation, as part of moves to encourage investments between the two countries, the UAE finance ministry said on Thursday. Israel and the UAE signed a normalisation deal on Sept. 15, forging formal diplomatic ties. Israel ratified the deal in a cabinet … Read more

US warned Nevada not to use Chinese COVID tests from UAE

U.S. diplomats and security officials privately warned the state of Nevada not to use Chinese-made coronavirus test kits donated by the United Arab Emirates over concerns about patient privacy, test accuracy and Chinese government involvement, documents obtained by The Associated Press show. The documents illustrate how the U.S. government actively, if quietly, tried to keep … Read more

UAE minister says ‘the whole region’ benefits from his country’s deal with Israel

SINGAPORE — The Middle East will benefit from the bilateral deal between Israel and the United Arab Emirates, the Emirati minister of economy said this week. “Both nations will bring different mindsets to the table, different advantages, and I think the whole region will benefit from this agreement,” Abdulla bin Touq told CNBC’s Hadley Gamble on Wednesday. His … Read more

Bahrain follows Emirates and normalizes ties with Israel

U.S. President’s senior adviser, Jared Kushner (R) meets Bahrain’s Crown Prince Salman bin Hamad Al Khalifa (L), during his visit to Manama, Bahrain, September 1, 2020. Bahrain News Agency/Handout via REUTERS ATTENTION EDITORS – THIS PICTURE WAS PROVIDED BY A THIRD PARTY. Bahrain News Agency | Handout via Reuters Bahrain joined the United Arab Emirates … Read more

UAE ends boycott of Israel, permits economic and financial deals

A cargo plane operated by Etihad Airways prepares to land at Israel’s Ben Gurion Airport near Tel Aviv on June 9, 2020. The United Arab Emirates flew its first publicly announced flight to Israel on May 20, when Etihad sent medical supplies to help Palestinians cope with the coronavirus. Jack Guez | AFP | Getty … Read more