Israeli peace deal coaxes UAE investors out of the shadows
Israeli entrepreneurs are preparing for a flood of investments into the local technology industry
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Tel Aviv
WHEN Tel Aviv-based financier Edouard Cukierman started his first fund in the late 1990s, some of the investors he signed up from the United Arab Emirates (UAE) hid their identity behind a trust to keep their involvement discreet.
Now, the LinkedIn account of the head of Cukierman & Co Investment House is buzzing with 20 to 30 messages a day from Emiratis eager to do deals - without having to conceal themselves. The shift comes after a United States-brokered peace process aimed at ending decades of official hostility between the two Middle East nations.
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