SANAA, March 14 (YPA) – Informed UAE sources revealed important details about the UAE’s creation of a $10 billion investment fund for the strategic sectors in Israel.
“The UAE announced investment fund is worth $10 billion to invest in the heart of Israel,” the sources said, according to a tweet from The Emirates Secrets account.
It came at the expense of the financial allocations that the UAE authorities were providing to the Palestinians through UNRWA.”
“The united Arab Emirates will be able to do so,” he said.
This follows Israeli Prime Minister Benjamin Netanyahu’s announcement that his visit to the UAE was postponed due to a misunderstanding with Jordan, he claimed.
A new UAE step in the road to normalization with the Israeli entity expressed by Abu Dhabi by announcing the establishment of a fund worth 10 billion dollars in order to invest in the Israeli occupation entity. In various sectors, sources said Netanyahu’s political share slumped to an important gain.
The UAE will invest in strategic sectors including energy, manufacturing, water, space, healthcare, agricultural technology and more.
The announcement follows a phone call between Abu Dhabi Crown Prince Mohammed bin Zayed and Israeli Prime Minister Benjamin Netanyahu.