Friday, 16 June 2023

#UAE, #Israel foster trade ties with new health agreement | Reuters

UAE, Israel foster trade ties with new health agreement | Reuters


Israel and the United Arab Emirates on Friday signed a health agreement between the UAE's largest health player and Israeli's largest hospital, as the two sides seek to draw economic benefits from their almost three-year relationship.

PureHealth and Sheba Medical Center said they would cooperate on research, medical tourism, training and medical technology, under the memorandum of understanding.

The UAE became the first Gulf country to normalise relations with Israel in 2020, breaking with decades of Arab policy towards the Palestinian cause.

Both countries have pushed economic and trade cooperation as a way to show other countries the benefits of dealing with Israel.

Friday's agreement is the second UAE-Israel deal in as many days. On Thursday, Abu Dhabi's artificial intelligence firm G42 and Israeli investment group Viola announced a platform to supply high-skilled tech workers.

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