Given the complementarity of long-term economic interests between Israel and the United Arab Emirates and the already deep-rooted relations, it is likely that ties will continue to grow, especially in the economic field, after the Israel and UAE Normalization. In August 2020, the United States announced the Israel and UAE Normalization, which establishes formal relations between Israel and the United Arab Emirates. The text of
Work is underway on a tax treaty that would strengthen investment relations between Israel and the UAE and could be completed within the coming weeks.
The Middle East and Africa region include 55 startup ecosystem represented in the top 1000 rankings. The region mainly consists of developing countries and consists