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UAE’s support of Israeli economy and militarism

Press TV – August 24, 2024

The UAE has allocated $10 billion for direct investment in the Zionist entity in compliance with its obligations under the US-guided Abraham Accords.

The UAE’s deep involvement in Zionist militarism is barely noticed in the shadow of the Gaza genocide.

A deal was signed in 2021 between state-owned UAE arms firm, Edge Group, and weapons manufacturer, Israel Aerospace Industries, to design unmanned surface vessels with a range of military applications.

The UAE has also initiated a partnership between G42 and the Zionist entity-owned arms firm, Rafael Advanced Defense Systems. G42 is run by Tahnoun bin Zayed Al Nahyan, the UAE’s National Security Advisor who is the controlling shareholder and chairs the company.

Dorian Barak, co-president of the UAE-Israel Business Councilو expects to see about 1000 Israeli-owned companies operating in the Persian Gulf state very soon.

One such example could be Elbit Systems, which has set up a subsidiary in the UAE known as Elbit Systems Emirates. The branch produces weapons for both the UAE military and Israel.

The UAE state-owned firm, Mubadala, has an 11% participating interest in the Tamar and Dalit leases, which includes the bountiful Tamar gas field.

Mubadala has also invested in the Israeli venture capital firm, Pintango Venture Partners. Originally named Polaris Venture Capital, it was founded in 1993 by Chemi Perez, the son of the late Israeli president, Shimon Peres.

The UAE has also invested in the tech firm Synaptech, which is closely linked to the Israeli military. The chairman of Synaptech is the former war minister and the military chief of staff, Moshe Ya’alon.

The UAE is deeply integrated, economically, with the Zionist entity.

August 24, 2024 - Posted by | Economics, Militarism | , ,

1 Comment »

  1. It is simple, the US gives $50bn to UAE on the condition that UAE gives $10bn to Israel.

    Israel is happy, UAE is happy, the US politician got $5mn in money from the Jewish/Israeli donor is happy, and the only people who lost out are the US citizens who somehow are supposed to pay back the $35 trillion sovereign debt.

    Liked by 1 person

    Comment by peterjohnarnold | August 25, 2024 | Reply


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