Home GCC UAE DP World, Bank Leumi to explore Israel logistics investments The UAE last week signed an agreement to move toward establishing normal ties with Israel by Bloomberg September 22, 2020 DP World and Bank Leumi signed an accord to explore potential opportunities in the logistics sector as the United Arab Emirates and Israel normalise relations. The memorandum of understanding includes a framework for collaboration in developing ports and logistics assets in Israel, and trade finance and digital solutions, Dubai-based DP World said in a statement. The UAE and Bahrain last week signed agreements to move toward establishing normal ties with Israel, setting in motion a potentially historic shift in Middle East politics. DP World, one of the world’s largest port operators, last week said it plans to make a joint bid for Israel’s Haifa Port. Also read: DP World, Israel Shipyards weigh joint bid for Haifa port Tags Bank Leumi DP World Israel Logistics UAE 0 Comments You might also like Flying Taxis: How Archer aims to revolutionise travel in the UAE Sharjah bans New Year’s Eve fireworks in solidarity with Gaza Saudi Arabia’s Mawani signs four contracts worth SAR1bn UAE to announce petrol, diesel prices for January; will rates drop in 2024?