ABU DHABI: Firms from the United Arab Emirates and Israel 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 a surprise political agreement between the UAE and Israel to normalize relations, a historic shift which will make the Gulf state only the third Arab country to establish full diplomatic ties with the Jewish state. 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.
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