UAE, Israel deals set to hit $10b

UAE
 

The UAE-Israel Cepa has been designed to help facilitate global supply chain efficiency, including for agriculture and food products, which would have an impact on food security. It would also help facilitate the movement of natural persons, especially the business community.

The agreement, which is expected to have a major catalysing effect on mutual investment flows, has opened the doors to new export opportunities in the services and services-related sectors. It provides better market access for key UAE products to Israel, such as aluminium, petrochemicals, and polymers such as ethylene and propylene.

The deal also secures more favourable access for UAE companies to Israel’s market in services, such as business services, communications services, distribution services, environmental services, financial services, tourism and travel-related services, and transport services.

According to the investment consultants, Cepa will also enable investment flows into tourism infrastructure projects and open more flights between both countries, besides offering greater market access for UAE services exports, of which travel and aviation will be the major beneficiaries.

Comments

Post a Comment

Popular posts from this blog

The World Health Organization adopts the UAE government accelerators model

Image
  WHO announced will adopt the UAE government accelerators model to speed up the achievement of its strategic goals and initiatives, and to ensure providing of healthy lifestyles and prosperity for all ages.  aims to promote the acceleration of service delivery in the fields of global health care and wellbeing by adopting the UAE government accelerators model to implement initiatives, develop solutions and projects, as well as build capabilities and competencies.  UAE is keen to share successful work models and advanced initiatives developed over the past years to support international efforts in achieving the global sustainable development goals  through building comprehensive health plans and strategies for a better future.   UAE government and the WHO will promote their partnership elevating efficiency for the health sector, by placing health challenges a global priority and support the adoption of WHO strategies on a larger scale covering the areas of capacity building, preparing l
Read more

Nafis Program Empowering Emirati Nationals

Image
  Nafis program aims to support Emirati nationals to pursue their professional careers in the private sector   Through  Support for graduates  Child allowance  Retirement fund and incentives  As Nafis offers an bold and exciting vary of choices for each employers and Emirati nationals. One key thought for employers is access to those programs to support their employment of Emirati nationals with the caveat that they have to buy achieving 10% Emiratisation For additional info regarding the Nafis program you can visit their official website  https://nafis.gov.ae/
Read more

UAE funded 5MW solar PV plant in Seychelles

Image
  The Seychelles inaugurated a UAE -funded five-megawatt star electrical phenomenon plant with battery storage, the second clean-energy project within the African island nation. Developed by United Arab Emirates's capital’s clean energy companyMasdar and therefore the Seychelles’ Public Utilities Corporation, the Ile First State Romainville star Park was supported by Abu Dhabi Fund for Development, one amongst the Emirates’ leading development-financing establishments owned  by the Abu Dhabi government. The facilities embrace the 5MW solar PV plant set in Ile de Romainville, a 3.3MWh (megawatt hours) energy storage system located on Mahe, and a 33kV (kilovolt) system that enables for the safe and stable offer of electricity from the PV station to the most island of Mahe, Masdar aforesaid in an exceedingly statement on Monday. it's calculable that the project can save roughly two million litres of fuel annually and offset 6,000 tonnes of carbon dioxide. By saving about 2 million
Read more