UAE launches $10b Israel investment fund – The UAE says it will invest in and alongside Israel across sectors including energy, manufacturing, water, space, healthcare and agri-tech. | Globes

The United Arab Emirates has announced the launch of a $10 billion strategic Israel investment fund. The announcement was originally supposed to be made yesterday after the meeting in the UAE between Prime Minister Benjamin Netanyahu and Sheikh Mohammed bin Zayed, the de facto ruler of Abu Dhabi. But the meeting was cancelled due the diplomatic argument between Israel and Jordan, which closed its airspace to Netanyahu’s aircraft.