Israel, UAE to cooperate on clean hydroelectricity – Israeli companies are eager to cooperate with Emirati partners for the development of clean, cheap and low-energy hydrogen production. | Al-Monitor: The Pulse of the Middle East
Trade and economic cooperation between Israel and the United Arab Emirates (UAE) has been growing steadily since the signing of the Abraham Accords a year and a half ago. Most of this consists of business cooperation between private firms and companies, but the governments of both countries are planning to bridge the gap with large-scale, government-sponsored projects. One of these already being implemented is an agreement between Israel’s Trans-Israel Pipeline and the Emirati Med-Red company to carry petroleum from the UAE from Eilat to Ashkelon through the Israeli pipeline. This shortens the distance from the Emirates to Europe and spares the need to transport the oil by way of the Suez Canal.
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