Israel can link Middle East, European ports, DP World chairman says
The UAE recently broke with decades of Arab policy, forging ties with Israel, and looking to form business collaborations in several areas
DP World, whose European operations include ports in the United Kingdom and the Netherlands, runs the Middle East’s largest transshipment port in Dubai. In September, it signed a series of agreements with Israel’s DoverTower, including a joint bid for the privatization of the Haifa Port in the Mediterranean. The UAE is looking to form business collaborations with Israel in several areas.
The UAE in August broke with decades of Arab policy when it agreed to forge ties with Israel in a move that angered Palestinians and some Muslim states. Bahrain and Sudan followed suit in establishing relations.
UAE and Israeli officials have touted significant economic opportunities from the agreement and the UAE has publicly begun importing Israeli goods.