The Emirati Foreign Minister said he “appreciate[s] the efforts you are making to promote cooperation between our countries and I have full faith in your unreserved support for opening diplomatic missions in Tel Aviv and Abu Dhabi as quickly as possible.“Best wishes to both countries and both friendly nations for advancement and prosperity in the future,” Bin Zayed wrote in Arabic. Earlier, the US, Israel and the United Arab Emirates announced the establishment of a joint regional development fund based in Jerusalem.
The Abraham Fund – derived from the Abraham Accords, as the peace between Israel and the UAE and Bahrain is known – will be launched with an office in Jerusalem and a $3 bn. starting trilateral investment to promote economic cooperation and prosperity in the Middle East and North Africa.
US International Development Finance Corporation CEO Adam Boehler announced the fund on the tarmac at Ben-Gurion Airport, where a ceremony was held in honor of the first Emirati government delegation to Israel, led by UAE Financial Affairs Minister Obaid Humaid Al Tayer. (Read More)
