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Source: https://www.newarab.com/news/uae-signs-economic-cooperation-deal-israel
UAE's Ras Al Khaimah Economic Zone Signs Cooperation Deal with Israel
(The New Arab) The UAE and Israel will look to expand mutual investment and manufacturing under a deal signed on Wednesday between the Ras Al Khaimah Economic Zone (RAKEZ) and the Israeli Manufacturers Association (IMA), the UAE's WAM state news agency reported. The Memorandum of Understanding (MoU) calls for the two sides to collaborate to create investment opportunities and expand the operations of industrial companies, WAM reported. The IMA includes firms in sectors such as advanced technology, textiles, fashion, chemicals, pharmaceuticals, environment, food, metals, electricity, infrastructure, and consumer products.