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We will see a New Era of Jewish and Arabs with new business deals between UAE and Israel.

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uae and israel business deal

It’s always good to see something good happen between two countries—the new start of an era between UAE and Israel. New business deals between UAE and Israel are all-new scripts that can only gain countries and the world. 

uae and israel flags in business deal

uae and israel flags in business deal

Israel and UAE business ties:

According to the sources, Israel and UAE companies are tying up new projects together in the coming time. It will boost the momentum, and fresh air of positive road may start between two countries. New business deals between UAE and Israel will start era between two countries. 

New Era of Jewish’s and Arabs:

Two Country’s deals and the development of private sector collaboration have satisfied earlier concerns that the so-called Abraham Accords. Israel contracted with the UAE and Bahrain in September last year, were slow to make substantial economic activity. 

In November 2022, Jordan, Israel, and the UAE were granted renewable power and water desalination plants. Aim was too boost  power and water security across the Jordan River. 

Solar Plant Project:

The plan covers solar plants generating 600 megawatts in Jordan for export to Israel. Israel building water desalination factories to export 200m cubic meters of water to Jordan. “It is a big event made possible by growing much-needed peace in the region,” said Sean Murphy, the US acting ambassador to the UAE, at an event organized by the US-UAE Business Council in Dubai. 

We see a promising future for both countries as they are coming to closure for business projects. It will build trust, help both countries understand cultures, and make a new trust era between two nations, says John Kerry. 

Dubai Air Show:

State-led events held at the Dubai Air Show in November 2022. Israel Aerospace Industries signed a deal with Dubai’s Emirates to turn four passenger airliners into tramps to sustain the booming cargo sector. The Israeli Govt also agreed to increase crewless surface vehicles, or drone ships, with UAE state-controlled defense group Edge. 

These business deals can give UAE more advantage as a mass number of Jewish will come to Dubai for more projects. It is a good move by UAE and Israel. After all, we all need a promising future. 

Jewish in Dubai:

The good relations with Israel initially sparked a flurry of trade visits and mass tourism from the Jewish state to Dubai, the UAE’s tourist hub.  Get all the latest UAE Market news only on Arab Market news. Your own trustable news portal which brings all the latest news of UAE, Dubai and world business news. 

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EXPO 2020 Indian Pavilion to host function on Republic Day.

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india republic day 2022 indian pavilion expo 2020

Singer Shweta Subram is going to perform in the EXPO 2020 Indian Pavilion. Expo visitors will see the significant function in Indian Pavilion.

indian pavilion expo 2020 dubai

Indian Pavilion EXPO 2020

73rd Republic Day kick started in EXPO 2020 Indian Pavilion. The flag ceremony done in the morning time at EXPO 2020. Diplomats and a few people were present in the morning for the ceremony. Function is organise at 9:30 pm at Indian Pavilion.

Dr. Aman Puri at EXPO 2020:

The consul general of India to Dubai, Dr. Aman Puri, hoisted the Indian tri-color at 7.30 am at Indian Pavilion. They were followed up by reading President Ram Nath Kovind’s message to the nation. 

In 1950 India got their laws after gaining independence in 1947. After 3 years of hard work, India got the most suited constitution, helping the nation run smoothly even after 75years.

India is the world’s biggest Democratic country bringing liberty, justice, and equality to all the people living in the nation. They believe that the world is one policy. Our brothers and sisters help everyone on earth stay with people in hard times. 

Today, India has made its name one of the most tolerant nations in the world. Peace comes first for India. The growth of India in the past few decades is impressive. Many top business tycoons today feel India is the biggest market in technology. 

Special performances by singer Shweta Subram will lighten up Indian Pavilion EXPO 2020. Performances of Shweta and Anupam Nair will start at 9:30pm. 

Get all the latest UAE Market news only on Arab Market news. Your own trust-able news portal which brings all the latest news of UAE, Dubai and world business news.

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Business

Gold prices in Dubai UAE shine brighter, 24k Gold rates at Dh223.80 per gram.

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gold rates dubai 2022 24k

Spot Gold prices in Dubai are hovering around $1846.90 from morning trade. Gold Prices in Dubai UAE are shining even brighter. Today’s 24k Gold rate in Dubai UAE is around Dh224 per gram.

Gold prices in the UAE rise

Gold prices in the UAE rise

Today on 26th Jan 2022, Gold prices in Dubai UAE are stable. The Ukraine issue creates lots of anxiety, and investors are heading towards favorite Gold once again. Today’s Spot gold rates are hovering around $1847 per ounce from morning trade.

Today we show a slight jump in gold prices. In the morning, trade gold rates moved to 0.50 per gram. It carried more than 0.50 Dirham in morning trade from yesterday’s close today. 

 Among the other unique metal variants, 22K opened at Dh210 per gram, 21K at Dh200.5, and 18K at Dh172.0 on Wednesday morning.

Experts believe Gold is stable, and it will do good till US Fed news are positive. Inflation and a few disputes can give rise to interest rates. Many experts believe Gold is growing due to investors feeling safe. Fear of the Fed will aggressively tighten policy, and few conflicts around will push Gold prices. 

North Korea Nuclear tests, Russia and US issues in Ukraine and Iran Nuclear talks will impact a lot to Gold prices in the coming time in 2022.

Get all the latest UAE Market news only on Arab Market news. Your own trust-able news portal which brings all the latest news of UAE, Dubai and world business news.

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Dubai provides full support to financial markets for them to grow faster

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The Dubai Mercantile Exchange

The Dubai Mercantile Exchange was able to gain the trust of major oil producers and solidify its position as the region’s most reliable source of oil pricing.

Sheikh Maktoum Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and Deputy Prime Minister and Minister of Finance. Stated that the Dubai government provided all necessary support for the growth of the Emirate’s financial markets by developing legislative framework. And infrastructure to allow exchanges to consolidate their presence regionally and globally.

During the meeting, Dubai provides full support he praised Dubai Mercantile Exchange (DME) for its achievements in the previous stage. Noting that the successful Exchange strategy contributed to the growth of trading volume and enhanced. Its ability to honor the steady growth of crude oil trading in the Middle East and Asia regions.

Sheikh Maktoum discussed with the DME board of directors the latest developments in the sector on the regional and international level. Particularly during the rapid changes experienced by the energy market and the significant growth opportunities that it offers.

Dubai provides full support to financial markets

Dubai provides full support to financial markets

He also reviewed DME’s qualitative achievements over the last period, noting that the number of companies using the exchange platform for physical delivery had reached 60. And the number of barrels of oil delivered through the DME mechanism had reached 2.5 billion barrels. In addition, according to the Oman Crude Oil Futures Contract, a total of 17 billion barrels were traded.

While 5.2 million barrels of oil are priced every day.

DME’s flagship contract is the Oman Crude Oil Futures Contract (DME Oman). Which provides the region’s most fair and transparent crude oil benchmark. Since 2018, DME Oman has been the clear and sole benchmark for approximately 170 million barrels of crude oil per month.

Since 2018, DME Oman has priced more than 170 million barrels of crude oil per month. Compared to around 30 million barrels per month before the switch by Saudi Arabia, Kuwait, and Bahrain. Because of the high quality of Oman Blend, which represents the majority of GCC crude oil grades. The contract is regard as the most reliable crude oil futures price benchmark.

DME is the Middle East’s first international energy futures and commodities exchanges operator. The US CFTC regulates the company as a recognized body by the DFSA, thus addressing the growing market want for price discovery of sour crude oil.

Get all the latest UAE Market news only on Arab Market news. Your own trust-able news portal which brings all the latest news of UAE, Dubai and world business news.

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