Dubai’s DP World to work with Israeli firm in bid for Haifa Port

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Thu, 2020-09-17 00:44

JERUSALEM: Dubai’s DP World is partnering with an Israeli group to bid for one of Israel’s two main ports and to examine opening a direct shipping line between the two Middle East states, it said on Wednesday.

The announcement came a day after Israel and the United Arab Emirates signed a historic agreement to normalize ties, and marks a big development in trade and economic collaboration.

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