Israeli and Emirati have signed an agreement to jointly develop research and studies on the novel coronavirus, the UAE’s state WAM agency reported.
The business deal comes days after political agreement between the UAE and the Zionist entity to normalize relations, a move widely condemned by different Resistance movement in Arab and Muslim world.
The UAE’s APEX National Investment and Israel’s TeraGroup signed the “strategic commercial agreement” late Saturday in Abu Dhabi, WAM said in a statement.
“We are delighted with this cooperation with TeraGroup, which is considered the first business to inaugurate trade, economy and effective partnerships between the Emirati and Israeli business sectors,” APEX chairman Khalifa Yousef Khouri said.
APEX is an investment company with a particular focus on the healthcare sector.
The deal would be “serving humanity by strengthening research and studies on the novel coronavirus,” Khouri added.