Israel and the UAE signed their first bi-national agreement Tuesday for cooperation in banking and financial services, including the war on terror.
“Today we signed the first agreement between Israel and the United Arab Emirates on cooperation in the field of banking and finance. The agreement will help us promote huge investments in Israel that will bring more money to citizens and more jobs,” Prime Minister Benjamin Netanyahu tweeted.
A statement from the prime minister’s office said the two sides will establish special working groups to focus on creating the conditions for joint investments that would “meet international standards including in the struggle against money laundering and financing terrorism.”
“We will soon announce additional agreements in aviation, tourism, trade and others,” the prime minister said.
Also t he UAE’s Etihad Airlines signed a deal with an Israeli company to begin selling air tickets to Israelis. Etihad is expected to begin direct flights to Tel Aviv in the near future, allowing Israelis to fly through its hub airport in Abu Dhabi to connect to its numerous destinations in Asia and the Middle East.