Almost a year into the Abraham Accords, dozens of companies, foundations and government offices from Israel and the United Arab Emirates have established ties, reached agreements and inked deals in an array of fields.
Think venture capital, endangered wildlife and everything in between.
On July 14, the UAE inaugurated its embassy in Tel Aviv.
To mark the first anniversary of the historic accords agreed to on Aug. 13, 2020, and signed on Sept. 11, 2020, here are significant deals to have come out of the peace pact.
Israeli shoe store sets foot in UAE
Immediately after the announcement of the Abraham Accords, Israeli budget footwear chain Scoop announced that it will open five stores in Dubai and Abu Dhabi, the first such endeavor for an Israeli retailer. But Scoop’s new Emirati business wasn’t the first of its kind for one of its proprietors, Ronnie Insaz, who traded with Dubai as a young businessman in his native Iran. He arrived in Israel from Iran as a young man.
Hebrew school opens in four Emirati locations
A couple of months after the Abraham Accords were signed, reports of a Hebrew language and Israeli culture institute opening in the UAE began making rounds. Called the Educational Hebrew Institute, the school aims to teach local businesspeople eager to begin interacting with Israelis in their language.
Israel’s top brass discuss cybertech in Dubai
A number of Israeli top brass — a former Mossad chief, retired army generals and leading CEOS — were invited to speak at the Cybertech Global conference in Dubai in April. The conference covered trends, challenges and solutions in the world of cyber, and the Israeli participants’ attendance highlighted the deepening ties between the two countries.
Israeli search-and-rescue group signs MoU with Emirati counterpart
In a first agreement of its kind, Israel’s ZAKA Search and Rescue organization and organizers of the Dubai International Humanitarian Aid & Development Conference & Exhibition (DIHAD) signed an MoU that supports future collaborations in response to international crises and disasters, to be distributed regardless of color, race, gender, religion or political opinions.
Joint Israel-UAE water research institute is on the way
Representatives from Israeli air-to-water company Watergen, Tel Aviv University and the Emirati Baynunah company met in June to sign on the establishment of a joint water research institute in the UAE. The institute is set to tackle issues of drinking water and water treatment in the arid region, as well as enable student and faculty exchanges.
Israeli water-from-air generators placed in Abu Dhabi
Watergen, the Israeli water-from-air generator company, now has 15 medium-sized machines dotted around beaches and parks of Abu Dhabi as part of a pilot program. Some 700 more machines have reportedly been ordered, the large majority of them for home use.
Israel, UAE give wing to preservation of rare desert bird
A major beneficiary of the Abraham Accords has been a little bird called the houbara bustard. An endangered species that resides both in Israel and the UAE, it is now the subject of a joint research project between the Israel Nature and Parks Authority and Abu Dhabi’s International Fund for Houbara Conservation.
Israelis and Emiratis to develop COVID stem-cell therapy together
Immediately after the Abraham Accords were announced, the Haifa-based regenerative medicine company Pluristem Therapeutics signed a non-binding MoU with the Abu Dhabi Stem Cells Center to advance cell therapies for diseases including COVI-19. Almost a year later, the company made headlines again when its CEO sent employees a touching message of hope amid the violence erupting throughout Israel.
Dubai chooses blue-and-white drones to secure expo
In what can only be described as a fantastic Middle Eastern twist, Dubai reportedly chose none other than an Israeli drone company to provide security for the World Expo it is to host this fall. Airobotics’ drone-in-a-box solution reportedly will aid local police in securing the international event and shorten emergency response time, as well as reduce the need for traditional security personnel.
Israeli, Emirati museums draw on shared heritage
Jerusalem’s Heritage Center for Middle East and North African Jewry and Dubai’s Crossroads of Civilizations Museum in Decembere signed an MoU in which they committed to highlight positive past relationships between Jews and Muslims and preserve and share the culture, traditions and history of the two people in the region.
Israeli and Emiratis start doing sports together
Ice hockey, rugby, baseball and cycling were all fields that Israelis and Emiratis shared for the first time this year as Israeli athletes traveled to the UAE to compete against their newly friendly neighbors. The baseball games were particularly heartwarming, featuring both nations’ Little Leagues.
Emiratis get a share of Israeli natural gas
Israel’s offshore Tamar natural gas field got new owners this year when local drilling giant Delek sold its shares in the site — amounting to 22 percent — to Abu Dhabi’s Mubadala Petroleum for $1.1 billion in the biggest commercial deal to take place between the two countries to date. In a region marked by war and strife over oil, there now seems to be a cleaner, more collaborative future.
National memory institutions join hands
The National Library of Israel and the National Archives of the United Arab Emirates signed an MoU covering an initial three-year period in which the two institutions will collaborate in digitization, knowledge-sharing and cultural exchanges, including study tours, conferences and trainings.
Bahraini, Israeli think tanks collaborate on regional security
The Abba Eban Institute for International Diplomacy at the IDC Herzliya and the Derasat Institute – The Bahrain Center for Strategic, International and Energy Studies signed an MoU this summer to collaborate in the fields of regional security and multilateral relations in the Middle East. The two institutions plan on addressing these issues via annual meetings, joint research projects, a fellowship exchange program and joint seminars, conferences and workshops.
Abu Dhabi fund invests in Israeli cultivated meat startup
Aleph Farms is an Israeli company that grows steaks directly from non-genetically modified animal cells. It has also developed the world’s first cultivated beefsteak and the first cultivated steak grown in outer space. This year it marked another achievement as the first Israel-based partner of DisruptAD, the venture capital platform of Abu Dhabi’s sovereign fund ADQ, which led Aleph’s $105 million Series B funding round.
Abu Dhabi’s Department of Health links up with Sheba Medical Center
Top brass from world-famous Israeli hospital Sheba Medical Center flew to Abu Dhabi, where they signed an MoU this summer allowing for the formation of a cooperation framework focused on research and development in telemedicine and the use of artificial intelligence in medicine, as well as the exchange of knowledge and best medical practices.
Israeli burn treatment company goes commercial in the UAE
MediWound became the first Israeli biotech company to form a drug commercialization partnership with an Emirati corporation when it signed a distribution agreement with the Ghassan Aboud Group. GAG will have exclusive rights to market NexoBrid, a burn treatment enzyme gel derived from pineapple, across the United Arab Emirates, subject to regulatory approval.
Israeli clean-tech engine startup to set up in UAE
Aquarius Engines, an Israeli startup that’s developed a lightweight linear engine based solely on hydrogen gas, signed an MoU with British multinational Kampac International (KIP) to form a joint company that will produce automotive products based on Aquarius technology in the UAE. The joint company will be called Middle East Aquarius Automotive. KIP will invest up to $1.2 billion in establishing the manufacturing facility in the UAE, where it has an energy division.
Israeli-UAE film deal aims to promote tolerance
Shortly after the Abraham Accords were signed, an agreement was made between the Israel Film Fund and the Abu Dhabi Film Commission to promote tolerance through the medium of film and television production. The agreement calls for the establishment of joint training and development programs for Emirati and Israeli filmmakers, in partnership with Jerusalem’s Sam Spiegel Film & Television School.
Israeli, Emirati health-tech firms launch home-care product in UAE
The first joint product to be launched in the UAE between an Israeli technology company and an Emirati company was IoT healthcare solution HBKiCare, a home-care kit enabling continuous monitoring of ECG, temperature, pulse, blood oxygen and blood pressure. The deal was carried out by SURE Universal of Ramat Gan and the UAE’s Hamad Bin Khalifa (HBK) Department of Projects, a UAE royal family economic and social growth initiative.
Partnership agreement aims to catapult Israeli, Emirati media
Israeli TV channel i24News reached a partnership agreement this summer with the Dubai-based Motivate Media Group to collaborate across a range of media. Cooperation will focus on print, broadcast and digital media, as well as on events.
Edited by Judith Isacoff and Bryan Wilkes
The post One Year On, Israel-UAE Pacts Expand Trade, Research, Health Care And Technology appeared first on Zenger News.