Israeli peace deal coaxes UAE investors out of the shadows

Israeli entrepreneurs are preparing for a flood of investments into the local technology industry

Published Wed, Aug 19, 2020 · 09:50 PM

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.