Tech advances will lay out strong base cutting across sectors
Speaking at the first virtual UAE-Israel Business Leaders Summit, co-hosted by Gulf News and TheMarker, Samer Haj-Yehia, Chairman of Bank Leumi, said: “The wealth of each surges if they engage in trade of goods and services produced in the country with the lower opportunity cost - this is definitely the case in the bilateral relations between the UAE and Israel.”
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Investors and market participants are curious to see the role Israeli companies would play in the UAE market. “The principal areas for export from Israel to the UAE will include agritech, water tech, food tech, fintech and cybertech,” said Haj-Yehia. “Together, they provide food security, which is one of the top national security interests of any country.”
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