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Strategies

Israel venture capital firm JVP in talks for potential UAE innovation centre

Dubai - Israeli venture capital firm Jerusalem Venture Partners (JVP) is in talks with potential partners in the United Arab Emirates to set up an innovation hub there, its chairman said on Monday. JVP Chairman Erel Margalit has met with potential partners and looked at at least one possible site for a hub during a visit to the UAE this week

Diplomacy

Cargo from Dubai arrives in Haifa, cementing Israel-UAE trade route

Haifa - The ship-to-shore crane paused above the cargo ship just arrived from Dubai, then set its load down on the pier in Israel. One after another, eight containers filled with electronics, cleaning supplies, iron and firefighting equipment were unloaded off the "MSC Paris", one of the first cargo ships to make the voyage between the United Arab Emirates and Israel

After Israeli-UAE agreement

Dubai's DP World to partner with Israeli firm in bid for Haifa Port

Jerusalem - Dubai's DP World is partnering with an Israeli group to bid for one of Israel's two main ports and to examine opening a direct shipping line between the two Middle East states, it said on Wednesday. The announcement came a day after Israel and the United Arab Emirates signed an historic agreement to normalize ties

Diplomacy

UAE cancels Israel boycott, allows economic agreements

Tel Aviv - The president of the United Arab Emirates has issued a decree cancelling a law on boycotting Israel and allowing trade and financial agreements between the two countries. The decree from UAE President Khalifa bin Zayed Al Nahyan aims at "supporting bilateral cooperation in order to arrive at (the establishment) of bilateral relations"

Diplomacy

Israeli tech's thirst for UAE cash must overcome old enmity

Dubai - A thaw in relations between Israel and the United Arab Emirates has raised expectations of an influx of funding in Silicon Wadi, Israel's answer to Silicon Valley: "The UAE has excess amounts of money, but not enough places to invest it in the Middle East" said Eldad Tamir, founder and CEO of the Tamir Fishman investment house, one of Israel's top investment funds

After political agreement

El Al to fly Israel's first flight to UAE by commercial carrier, airport timetable shows

Tel Aviv - El Al Airlines on Monday will fly Israel's first flight to the United Arab Emirates by a commercial carrier, a timetable on the Israel Airports Authority's website showed, as the countries forge ahead with a deal to normalise ties. The direct flight between Tel Aviv's Ben Gurion Airport and the UAE's political capital of Abu Dhabi is expected to carry an Israeli delegation

Aviation

Etihad looks to UAE supply chain in refreshed procurement strategy

Abu Dhabi - Etihad Aviation Group is has launched a new programme for suppliers in the UAE who would like to partner with the airline to provide their products and services. Vendors across the supply chain are encouraged to join Etihad’s Al Watani programme provided they fulfil its application criteria. To be eligible, suppliers must demonstrate their active contribution to the UAE’s market by having an operating business in the country.

New rules

Dubai to welcome tourists from 7 July under new air travel protocols

Dubai residents stranded abroad will be able to travel back to the emirate from 22 June, while citizens and residents are allowed to travel overseas from Tuesday under new air travel protocols revealed by the Supreme Committee of Crisis and Disaster Management. Under the directives, visitors and tourists will also be able to travel to Dubai from 7 July. Full details were released by the Dubai Media Office