UPDATE 1-UAE, Israeli corporations signal ‘strategic industry agreement’ on coronavirus and development

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DUBAI, 16 Aug (Reuters) – Emirati national investment firm APEX signed a “strategic industry agreement” with Tera Group of Israel to cooperate in studies and progression due to COVID-19, adding a verification device, UAE state news firm WAM said in the past. due on Saturday.

The agreement “is seen as the first company to open up trade, the economy and effective partnerships between the Emirati and Israeli trade sectors, to gain the benefits of humanity by strengthening studies and studies on the new coronavirus,” said APEX President Khalifa Yousef Khoury. Training

The agreement signed at a press convention in Abu Dhabi shortly after Israel and the United Arab Emirates announced on Thursday an agreement that will lead to a complete normalization of diplomatic relations between the two states.

“The United Arab Emirates and Israel will without delay expand and boost cooperation on the remedy and progression of a coronavirus vaccine,” the two countries said as a whole on Thursday.

U.S. President Donald Trump helped negotiate the deal, which Israel agreed to suspend its planned annexation of spaces in the occupied West Bank.

The delegations of Israel and the United Arab Emirates will meet in the coming weeks to signal agreements on investment, tourism, direct flights, security, telecommunications and other issues, the whole said.

In June, the United Arab Emirates said two personal corporations in the United Arab Emirates and two Israeli corporations would work in combination on medical projects, contributing to the fight against the new coronavirus. (Report through Nayera Abdallah; written through Nafisa Eltahir; edited through Daniel Wallis)

All quotes were delayed for at least 15 minutes. See here for a complete list of transactions and delays.

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