Dubai Eye 103.8

On Air Now
The Business Breakfast
6:00am - 10:00am

Listen To Dubai Eye

UAE and Israel establish partnership in large-scale conferences

Monday, 5 October 2020 15:20

Supplied

The UAE and Israel will work together in the areas of major conferences and exhibitions.

It comes following the signing of an agreement between the Dubai World Trade Centre and Israel Export Institute.

The two sides will facilitate the participation of Israeli exhibitors in the UAE by the end of the year.

The latest partnership also creates a framework for organising and exchanging business delegations between the countries and exploring joint business opportunities.

It's in line with the UAE and Israel's efforts to further peace, dialogue and stability and enhance cooperation to drive sustainable development.

The commercial potential of agreements between the two countries is estimated at $500 million per annum across several key sectors.

#UAE and Israel establish partnership in large-scale conferences and exhibitions and broader trade development, with the signing of an agreement between the #Dubai World Trade Centre and Israel Export Institute. https://t.co/Labc1ppxV7 pic.twitter.com/Buw4lfECRQ
— Dubai Media Office (@DXBMediaOffice) October 5, 2020

More from Business

Dubai-based Telegram app to hit 1 billion users 'within a year'

The Telegram messaging app, one of the most popular social media platforms, will likely cross one billion active monthly users within a year as it is spreading like "forest fire", its billionaire founder Pavel Durov said on Tuesday.
Microsoft invests $1.5 billion in Abu Dhabi AI company G42

G42, the leading UAE-based artificial intelligence (AI) technology holding company, has announced a $1.5 billion investment from Microsoft to strengthen it's expansion into new markets across the globe.
Spinneys announces intention to float on Dubai Financial Market

Spinneys Holding has announced its intention to proceed with an initial public offering (IPO) and to list its ordinary shares for trading on the Dubai Financial Market.
DXB remains world's busiest international airport

Dubai International Airport (DXB) has been ranked the world's busiest hub for international passengers for a tenth consecutive year.
Apple loses top phonemaker spot to Samsung

Apple's smartphone shipments dropped about 10 per cent in the first quarter of 2024, hurt by intensifying competition by Android smartphone makers aiming for the top spot, data from research firm IDC showed on Sunday.

Coming Up on Dubai Eye

The Agenda
10:00am - 1:00pm

Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.
Entertainment Extra
1:00pm - 2:00pm

BUSINESS BREAKFAST LATEST

Is there a summer slowdown in the UAE property market?
John Lyons of Espace Real Estate says there is a slight slowdown in the property market during summer. So we asked him, does this mean prices are negotiable during the summer months?
UAE's new prosecution offices to deal with financial crime
Lawyer Rebecca Kelly of Clyde & Co. explained why UAE judicial authorities are setting up new offices to deal with financial crime, including money laundering.
Airalo
Airalo - an eSim company disrupting telco's roaming revenues, has raised $60 million in funding including investment from our own e&.

On Dubai Eye

Flying Taxis
It sounds like an episode of The Jetsons, but the sight of flying taxis whizzing around our cities could be much closer than you think.
Tough penalties for deliberate tax evasion
The UAE has said that tougher penalties will come into force from 1st August for not keeping proper corporate tax records.