The Israeli Dovertower company has signed a cooperation agreement with Dubai Ports World on shipping, according to Israeli media on Wednesday.
The cooperation agreement was signed by Dovertower leader Shlomi Fogel during his visit to Dubai, the Hebrew newspaper Globes said. “Our work to build trade routes between the UAE, Israel and beyond will help our customers make business in the region easier and more efficient,” said DP World President Sultan Ahmed bin Sulayem.
The agreement also includes participation in a joint bid for the privatization of Israel’s Haifa port and a possible direct shipping company between the Red Sea port of Eilat and Dubai’s Jebel Ali.
On September 15, the United Arab Emirates (UAE) and Bahrain signed US-sponsored agreements to establish diplomatic relations with Israel.
The Palestinian Authority and resistance groups have condemned the normalization agreements, saying they do not serve the Palestinian cause and ignore the rights of the Palestinians.