‘Abrahamic’ conference in Dubai aims to further UAE-Israel business dialogue

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Prominent business leaders converged in Dubai on Thursday at a conference aimed at building UAE-Israel relations, held under the patronage of Dubai royal Sheikh Juma Bin Maktoum.

The event was hosted by the newly founded Abrahamic Business Circle, an organization that aims to pursue economic diplomacy between the UAE and Israel following last year’s bilateral normalization agreement, known as the “Abraham Accords.”

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Entrepreneurs and leaders from a range of different industries and companies, including Dubai-based global port operator DP World and Microsoft for Startups, were featured. Israelis and Emiratis were in attendance.

Raphael Nagel, founder of the Abrahamic Business Circle, told Al Arabiya English that the organization’s mission is to build business relations across religion and culture in the Middle East, between Jewish people, Israelis, and Arabs.

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“I really believe if we are able to build up business relations, sooner or later we will build up friendships,” Nagel said in an interview with Al Arabiya English.

Nagel, a Jewish-German businessman based in the UAE, said the event was timed with the International Holocaust Remembrance Day, commemorated annually on January 26.

“The reason of setting up this gathering, even in hard coronavirus times, was the Holocaust Remembrance Day. As Jews, we have been the victims, but we don’t have to allow this to happen again,” he said.

“The Abrahamic Business Circle - where Jewish people, Muslim people, and people of all religions work together - can be the right tool to avoid anything like the Holocaust to happen in the future,” he said.

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The Abrahamic Business Circle is planning to host a convention this October, the same time as Dubai’s World Expo, where Israel will have a pavilion.

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