Israel expects $500m in deals with Bahrain and UAE – Israel

Israel expects to seal deals worth about $500m after Tuesday’s historic agreements to normalise ties with the UAE and Bahrain come into force.

Ofir Akunis, Israel’s minister of regional co-operation, said the accords would expand into bilateral trade and investments reaching “billions of dollars for each side”.

The Jewish state will offer its expertise in water desalination and agricultural technology as the most promising sectors for co-operation with its new business partners in the Gulf.

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