Hosting the conversation

Middle East Experience

Latest News

‘Welcome to Israel’: First UAE delegation received by Israeli PM Netanyahu at airport

The first official UAE delegation to Israel landed at Ben Gurion airport near Tel Aviv on Tuesday, accompied by top US officials including Treasury Secretary Steven Mnuchin.The UAE-US delegation was received by Israeli Prime Minister Benjamin Netanyahu, who opened the trilateral ceremony, which included the signing of four Israel-UAE agreements regarding the promotion and protection of investments, science and innovation, aviation, and visa exemptions.Netanyahu announced that the UAE and Israel will allow their citizens to travel between countries without visas.Read more: Open for business: How UAE-Israel peace is driving deals at breakneck speedIn his speech, Netanyahu said that the officials are “making history in a way that will stand for generations.”“Jews and Arabs are the descendants of one common ancestor: Abraham…in his spirit we wish to foster a Middle East of coexistence and cooperation,” he added.Abraham Fund announcedThe US announced the “Abraham Fund,” a joint American-Israeli-Emirati initiative based in Jerusalem focused on strengthening regional economic resiliency across the Middle East and to North African countries.The Abraham Fund will start with a $3 billion trilateral commitment, said US International Development Finance Corporation CEO Adam Boehler.The countries will “trilaterally open a development office based in Israel to identify and initiate strategic projects with a high developmental impact, including those that catalyze economic growth, improve standards of living, and create high-value, quality jobs,” according to a joint statement.UAE Minister of State Ahmed Al Sayegh said that the fund “reflects the desire of the three countries to put the wellbeing of people first, regardless of their creed or identity.”Participation from other countries to advance the objectives of the fund - promoting regional economic cooperation and prosperity in the Middle East and beyond - is welcomed, the statement said.Boehler added that “we’ve already made progress…to change and modernize the checkpoints for Palestinians throughout all of Israel and Jordan.”In his remarks, Mnuchin said that along with the United States, “Israel and the UAE share a similar outlook regarding threats and opportunities in the region.”After the ceremony, Netanyahu, Mnuchin, US Assistant to the President Avi Berkowitz, UAE Minister of State for Financial Affairs Obaid Humaid Al Tayer, and UAE Minister of Economy Abdulla Bin Touq Al Marri met in a closed door meeting, according to the prime minister's office.The delegation visit is confined to the area of Ben Gurion airport due to coronavirus precautions.An Israeli delegation already visited the UAE’s capital city Abu Dhabi on August 31, taking the first direct flight in history from Israel to the UAE.The Emirati delegation boarded an Etihad Airways flight on Tuesday morning at the airport in Abu Dhabi.On Monday the first ever passenger flight from the UAE to Israel landed near Tel Aviv, one month after the countries signed an agreement normalizing ties. Only flight crew were on board.The flight was operated by Etihad Airways, which became the first Gulf airline to operate a civilian flight to Israel.Read more:UAE ministers host US Treasury Secretary Mnuchin, Israeli executives in Abu DhabiUAE Cabinet approves peace deal with IsraelUS condemns ISIS call to attack Saudi Arabia: Official
Source: Al Arabiya
Full Article: ‘Welcome to Israel’: First UAE delegation received by Israeli PM Netanyahu at airport

Israel's EAPC pipeline company says it will bring UAE oil to Europe in new deal

Israeli pipeline company EAPC said on Tuesday it signed a preliminary deal to help transport oil from the United Arab Emirates to Europe via a pipeline that connects the Red Sea city of Eilat and the Mediterranean port of Ashkelon.State-owned EAPC said it signed the memorandum of understanding with MED-RED Land Bridge, a company with Israeli and Emirati owners, in Abu Dhabi on Monday during a ceremony with visiting U.S. Treasury Secretary Steve Mnuchin.For all the latest headlines follow our Google News channel online or via the app.The company did not disclose financial details.A source familiar with the deal said a final deal could be worth $700-$800 million over several years and that supplies could start at the beginning of 2021.Read more:‘Welcome to Israel’: First UAE delegation received by Israeli PM Netanyahu at airportUAE ministers host US Treasury Secretary Mnuchin, Israeli executives in Abu DhabiUAE Cabinet approves peace deal with Israel
Source: Al Arabiya
Full Article: Israel's EAPC pipeline company says it will bring UAE oil to Europe in new deal

Coronavirus: UAE reports 1,077 COVID-19 cases, four deaths

The United Arab Emirates on Tuesday reported 1,077 new coronavirus cases, bringing the total number of cases in the country to 117,594, according to the UAE Ministry of Health and Prevention.Visit our dedicated coronavirus site here for all the latest updates.Health officials have detected over 1,000 new infections daily since October 5. The country reported 915 new cases on Monday.The death toll rose to 470 after four new deaths were reported on Tuesday.The total number of recoveries was 110,313 after 1,502 new recoveries were detected.Additionally, the health ministry announced that 112,196 tests were conducted in the past 24 hours.
Source: Al Arabiya
Full Article: Coronavirus: UAE reports 1,077 COVID-19 cases, four deaths

Egypt eyes more economic benefits after signing maritime demarcation deal with Greece

Egyptian President Abdel Fattah al-Sisi issued a presidential decree to ratify the historic agreement signed with Greece on the demarcation of maritime borders, which could help further boost Egypt’s ambition to become a major regional energy hub.
Source: Al Monitor
Full Article: Egypt eyes more economic benefits after signing maritime demarcation deal with Greece

Coronavirus: Saudi Arabia reports 385 new COVID-19 cases, 16 deaths

Saudi Arabia on Tuesday reported 385 new coronavirus cases and 16 deaths, according to the Ministry of Health.For more coronavirus news, visit our dedicated page.The total number of cases in the Kingdom is 342,968, while the total number of recoveries rose to 329,270 after 375 recoveries were recorded on Tuesday.Additionally, 16 deaths were reported, bringing the death toll to 5,217 in the Kingdom.The city of Medina continues to have the highest number of daily COVID-19 cases in Saudi Arabia, with 59 reported on Tuesday. Yanbu had 31 coronavirus cases, and Mecca reported 27 cases.The number of active coronavirus cases in the Kingdom is 8,481, 840 of them being critical cases, the health ministry said.
Source: Al Arabiya
Full Article: Coronavirus: Saudi Arabia reports 385 new COVID-19 cases, 16 deaths