November Edition 2020

26 Both countries will thrive on personal interaction and relationship-building Lustman adds: “Both cultures thrive on in-person interaction from a relationship-building perspective," says Lustman. "Travel restrictions and challenges during the pandemic could affect the pace, which will hopefully resume full force once travel opens up more freely.” Joining the UAE in normalizing ties with Israel is Bahrain - and more recently Sudan. With a population of 1.7 million, Bahrain has signed several MoUs with Israel – covering trade, air services, telecommunications, finance, banking and agriculture, according to a list provided by a Bahraini official. With other countries – such as Morocco and Oman are also rumored to follow suit, many investors will be closely following how these lucrative agreements and these exciting developments progress.

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