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UAE to implement plan to speculate $10bn in Israel – Center East Monitor

The UAE will begin finishing up its plan to speculate $10 billion in Israel, sources revealed on Monday to Israeli financial publication the Globes, noting that the Abu Dhabi Development Fund (ADG) will make investments $200 million this 12 months.

UAE Crown Prince Mohamed Bin Zayed promised former Israeli Prime Minister Benjamin Netanyahu that his nation would spend $10 billion in investments in Israeli corporations. This, nonetheless, was shelved because of the repeated failure to place collectively an Israeli authorities.

In keeping with Globes, Bin Zayed determined to unfreeze the plan throughout Israeli President Isaac Herzog’s visit to the Gulf state on Sunday.

READ: Israel plans to sell early warning, defence systems to UAE

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