Business Recorder
By Reuters
June 2021
DUBAI: Israel’s new foreign minister inaugurated its embassy in the United Arab Emirates on Tuesday and offered an olive branch to other former adversaries, saying: “We’re here to stay.” Yair Lapid’s two-day visit is the first to the Gulf state by an Israeli cabinet minister since the countries established ties last year. He was due to sign a bilateral agreement on economic cooperation and open an Israeli consulate in Dubai on Wednesday.
The trip is also an opportunity for the two-week-old Israeli government of Naftali Bennett, a nationalist who heads an improbable cross-partisan coalition, to make diplomatic inroads despite long-stymied talks with the Palestinians.