News / IN-DEPTH / More / Editor's Choice

UAE's support of Israeli economy and militarism

Saturday, 24 August 2024 9:24 AM [ Last Update: Saturday, 24 August 2024 9:24 AM ]

Khalifa Khouri, chairman of the UAE's Apex company, and Oren Sadiy, chairman and chief executive officer of Israel's TeraGroup, sign their first agreement in Abu Dhabi in August 2020. (Photo by Wam)

The UAE has allocated $10 billion for direct investment in the Zionist entity in compliance with its obligations under the US-guided Abraham Accords.

The UAE’s deep involvement in Zionist militarism is barely noticed in the shadow of the Gaza genocide.

A deal was signed in 2021 between state-owned UAE arms firm, Edge Group, and weapons manufacturer, Israel Aerospace Industries, to design unmanned surface vessels with a range of military applications.

UAE “normalization” of ties with Israel: Hidden agenda

UAE “normalization” of ties with the Israel regime: Hidden agenda

The UAE and Israel, having had clandestine dealings with one another for many years, have decided to make their relationship public under the guise of “normalization” of ties.

The UAE has also initiated a partnership between G42 and the Zionist entity-owned arms firm, Rafael Advanced Defense Systems. G42 is run by Tahnoun bin Zayed Al Nahyan, the UAE's National Security Advisor who is the controlling shareholder and chairs the company.

Dorian Barak, co-president of the UAE-Israel Business Councilو expects to see about 1000 Israeli-owned companies operating in the Persian Gulf state very soon.

One such example could be Elbit Systems, which has set up a subsidiary in the UAE known as Elbit Systems Emirates. The branch produces weapons for both the UAE military and Israel.

KSA and UAE funding of Israeli arms firms and illegal settlements

KSA and UAE funding of Israeli arms firms and illegal settlements

Saudi Arabia and the United Arab Emirates are facilitating the expansion of illegal settlements in Palestine, as well as contributing to the Gaza genocide by funding Israeli arms firms.

The UAE state-owned firm, Mubadala, has an 11% participating interest in the Tamar and Dalit leases, which includes the bountiful Tamar gas field.

Mubadala has also invested in the Israeli venture capital firm, Pintango Venture Partners. Originally named Polaris Venture Capital, it was founded in 1993 by Chemi Perez, the son of the late Israeli president, Shimon Peres.

The UAE has also invested in the tech firm Synaptech, which is closely linked to the Israeli military. The chairman of Synaptech is the former war minister and the military chief of staff, Moshe Ya’alon.

The UAE is deeply integrated, economically, with the Zionist entity.

UAE and Israel have been interacting for some time

UAE and Israel have been interacting for some time

Amid much fanfare the UAE and Israel have recently decided to formalize, or as they like to put it to “normalize” their relations, despite their longstanding interaction in various areas such as trade and cybersecurity.

Press TV’s website can also be accessed at the following alternate addresses:

www.presstv.co.uk

Moshe Yaalon Elbit Israel Aerospace Industries Abraham Accords Rafael Advanced Defense Systems Ltd. G42 ahnoun bin Zayed Al Nahyan UAE Israel Business Council Mubadala Tamar Gas Field