Professor Dan Shechtman speaks during the event.
Strong incentives for UAE investors to target the Israeli high-tech market are underlined in a first of its kind report published on Sunday following record investment activity and growth in 2020, despite the COVID-19 pandemic.
The start of the engagement between UAE and Israel is set to be a turning point in the economic and investment relationship between the two countries with mutual trade expected to grow to Dhs15 billion in the next few years,
Tapping into the mutual strengths of the UAE, India and Israel could propel the trilateral trade between the countries to a high of $110 billion by 2030, said top diplomats
The non-oil trade between the UAE and China increased by 78.5 per cent from 2012 to 2021, totalling Dhs223.5 billion by the end of 2021 compared to Dhs125.1 billion in 2012.
The Water, Energy, Technology and Environment Exhibition (WETEX) and Dubai Solar Show (DSS), organised by Dubai Electricity and Water Authority (Dewa), saw a large turnout of visitors in its 24th edition.
Tesla CEO Elon Musk said the electric vehicle maker’s eagerly anticipated humanoid robot ‘Optimus’ would cost under $20,000 and cautioned it still had way to go before becoming fully functional.