Dr Sultan Al Jaber, Minister of Industry and Advanced Technology, said on Tuesday that the UAE’s announcement to study the investment prospects of $10 billion in Israel is “commercially driven and not politically associated”, and was in line with the UAE’s track record of looking for investment opportunities across the world.
Dr Al Jaber highlighted that “we are at a very early stage in studying the laws and policies in Israel” and stressed that “we are establishing what bilateral agreements need to be in place to support and protect our investments”.
He added that “the UAE has a long history and rich track record in making the right investments in the right locations, based on the commercial assessment of that market”.
Last Thursday, the UAE announced it is studying the possibility of investing $10 billion aimed at a number of sectors including energy, manufacturing, water, space, health care and agri-tech. However, Dr Al Jaber highlighted “that these are very early days”, indicating that there remain quite a number of matters to resolve before any investments are made.
Responding to questions about the intended investment in Israel, Dr Al Jaber said “the UAE is always on the look out for attractive investments in the right locations, in a highly competitive world. There are plenty of opportunities in different markets and we continue to evaluate them based on both strategic merits and commercial value”.
Which honey takes your fancy?
Al Ghaf Honey
The Al Ghaf tree is a local desert tree which bears the harsh summers with drought and high temperatures. From the rich flowers, bees that pollinate this tree can produce delicious red colour honey in June and July each year
Sidr Honey
The Sidr tree is an evergreen tree with long and strong forked branches. The blossom from this tree is called Yabyab, which provides rich food for bees to produce honey in October and November. This honey is the most expensive, but tastiest
Samar Honey
The Samar tree trunk, leaves and blossom contains Barm which is the secret of healing. You can enjoy the best types of honey from this tree every year in May and June. It is an historical witness to the life of the Emirati nation which represents the harsh desert and mountain environments
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The bio
Date of Birth: April 25, 1993
Place of Birth: Dubai, UAE
Marital Status: Single
School: Al Sufouh in Jumeirah, Dubai
University: Emirates Airline National Cadet Programme and Hamdan University
Job Title: Pilot, First Officer
Number of hours flying in a Boeing 777: 1,200
Number of flights: Approximately 300
Hobbies: Exercising
Nicest destination: Milan, New Zealand, Seattle for shopping
Least nice destination: Kabul, but someone has to do it. It’s not scary but at least you can tick the box that you’ve been
Favourite place to visit: Dubai, there’s no place like home
UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
New UK refugee system
- A new “core protection” for refugees moving from permanent to a more basic, temporary protection
- Shortened leave to remain - refugees will receive 30 months instead of five years
- A longer path to settlement with no indefinite settled status until a refugee has spent 20 years in Britain
- To encourage refugees to integrate the government will encourage them to out of the core protection route wherever possible.
- Under core protection there will be no automatic right to family reunion
- Refugees will have a reduced right to public funds
UAE currency: the story behind the money in your pockets
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