Archive for November 2nd, 2017

Israel companies in talks to invest in Saudi Arabia’s ‘smart city’

October 26, 2017

Several Israeli companies are in talks with the Public Investment Fund of Saudi Arabia about business opportunities in the Kingdom’s new “smart city”, according to documents obtained by the Jerusalem Post.

The Israeli daily claims to have seen correspondence confirming economic cooperation between Arab diplomats and businessmen in Tel Aviv; Israeli firms will reportedly be competing under the table for billion-dollar contracts from the Saudi government.

“The Saudis are not so willing to cooperate with the Israelis formally, but … it’s much easier to create all kinds of cooperation on water, energy, ag-tech, food tech. This is the stuff that the prince of Saudi Arabia [Mohammed Bin Salman] wants to promote in the smart city,” said a source in Israeli venture capital who is familiar with the project.

On Tuesday, Saudi Arabia officially launched the NEOM, a developmental project to create an economic zone spanning the country and parts of Egypt and Jordan. Designed to free the Kingdom of its dependency on oil, it will focus on industries including water, biotechnology, food, advanced manufacturing and entertainment; at an estimated cost of $500 billion.

The project is part of Bin Salman’s 2030 economic vision for the country, which he has also promised will come with modernization.

The news comes amid increased rumors of a burgeoning relationship between Saudi Arabia and Israel; causing controversy in recent weeks. The normalizing of relations between the two countries remains a proposal that has repeatedly been rejected by the Saudi public.

Yesterday Major General Anwar Bin Majed Bin Anwar Eshki, a former government advisor, was reported to have confirmed suspected relations when he said diplomatic and intelligence cooperation between Saudi Arabia and Israel were solely based on non-political matters.

Last week, Israeli officials also confirmed that Bin Salman had secretly visited Tel Aviv in September. The suggestion was vehemently denied by Saudi officials who insist that settling the Palestinian issue must take place before any normalization of relations.

Last month, leaked documents by the Twitter account Mujtahidd spoke of the country’s plans to “accept Israel as a brotherly state”, causing widespread controversy. The rumors were again denied by state officials. But recent months have witnessed an informal economic rapprochement between Riyadh and Tel Aviv, with former Saudi businessmen and former senior officials visiting Israel.

Israel has also supported the current blockade imposed by Saudi Arabia, the United Arab Emirates, Bahrain and Egypt on Qatar. Tel Aviv has repeatedly called on Doha not to host prominent Palestinian figures, a view now shared by Riyadh and Abu Dhabi.

Source: Middle East Monitor.

Link: https://www.middleeastmonitor.com/20171026-israel-companies-in-talks-to-invest-in-saudi-arabias-smart-city/.

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Israeli PM blasts Palestinian reconciliation agreement

13.10.2017

Israeli Prime Minister Benjamin Netanyahu has criticized a landmark reconciliation agreement hammered out this week in Cairo between rival Palestinian factions Fatah and Hamas, claiming the deal would “make it harder to achieve peace”.

“Israel opposes any [Palestinian national] reconciliation in which the terrorist organization Hamas does not disarm and end its war to destroy Israel,” Netanyahu declared late Thursday on his official Facebook page.

“Reconciliation between Fatah and Hamas makes peace much harder to achieve; it is part of the problem, not part of the solution,” he said.

Naftali Bennett, Israel’s hardline education minister, also blasted the deal, saying: “The Palestinians today [Thursday] decided to form a terror government.”

He went on to assert that, by partnering with Hamas, Palestinian President Mahmoud Abbas — who serves as chairman of both Fatah and the Palestinian Authority (PA) — “turns the PA into a terror authority”.

“Israel must sever any connection to this terror authority,” Bennet said in a statement carried by the Times of Israel news website. “From now, any Israeli cooperation with Abbas is cooperation with Hamas.”

He added: “This must be said ahead of expected international pressure to resume [Israel-Palestine] negotiations in light of the Palestinian agreement.”

Israeli Intelligence Minister Yisrael Katz also slammed the reconciliation deal, describing it as “a convenient cover for Hamas to continue its… activity as a terror organization while relinquishing civilian responsibility for the Gaza Strip”.

On Thursday, Hamas and Fatah signed a landmark reconciliation agreement in Cairo aimed at ending ten years of deep inter-Palestinian political division.

Under the deal, the Ramallah-based Palestinian unity government will assume political and administrative responsibility for the Gaza Strip no later than Dec. 1.

The West Bank and the Gaza Strip have remained politically and administratively divided since 2007, when Hamas wrested control of the strip from Fatah following several days of bloody street fighting.

Hamas’s capture of Gaza in 2007 ended an earlier — if short-lived — unity government established after Hamas swept 2006 Palestinian legislative polls.

Source: Anadolu Agency.

Link: http://aa.com.tr/en/politics/israeli-pm-blasts-palestinian-reconciliation-agreement/934916.

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