UAE-Israel

The UAE and Israel: A Year of Progress

Sep 16, 2021

On the occasion of the first anniversary of the Abraham Accords, we are glad to share the progress UAE and Israel have made with the common goal of building people-to-people connections, spurring growth and generating new opportunities.

Trade between countries hits over $600m in the 1st half of 2021 and investors say big opportunities are still ahead. The UAE believes that economic activity between the two countries can reach more than $1 trillion over the next decade. The projects initiated during the first year of agreements include a new UAE embassy in Tel Aviv, joint coronavirus research, and an agreement by Abu Dhabi’s Mubadala sovereign wealth fund to buy a $1 billion stake in a Mediterranean gas rig co-owned by Chevron and several Israeli energy companies.

Tourism is booming, too, despite pandemic restrictions. The past year has seen some 200,000 Israelis flying to the UAE, especially Dubai, where hotels now cater to Jewish travelers with kosher buffets and ballrooms turned into synagogues for this week’s Rosh Hashanah holiday. When the Dubai Expo opens in October, Israel will be, for the first time at any such event in the Arab world, among 191 nations with an official pavilion.

You can read about all the projects that have already been achieved here
Download attachments:

accords_uae-isr_partnerships_9.3.21.pdf

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Data Processing Terms of Business for Suppliers

DATA PROCESSING TERMS

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NOW IT IS HEREBY AGREED as follows:

SCHEDULE: Security measures

Processor shall put in place the following measures, as applicable.

Minimum technical measures

Firewalls which are properly configured and using the latest software;
user access control management;
unique passwords of sufficient complexity and regular expiry on all devices;
secure configuration on all devices;
regular software updates, if appropriate, by using patch management software;
timely decommissioning and secure wiping (that renders data unrecoverable) of old software and hardware;
real-time protection anti-virus, anti-malware and anti-spyware software;
https;
encryption of all portable devices ensuring appropriate protection of the key;
encryption of personal data in transit by using suitable encryption solutions;
multi-factor authentication for remote access;
WPA-TKIP secured WiFi access;
delinquent web filtering and other appropriate internet access restrictions;
intrusion detection and prevention systems;
appropriate and proportionate monitoring of personnel; and
data backup and disaster recovery measures and procedures.

Minimal organisational measures

Vet all personnel including staff, contractors, vendors and suppliers (including Subprocessors) on continuous basis;
non-disclosure agreements used with all personnel;
regular training of all personnel on confidentiality, data processing obligations, identification of Security Breaches and risks;
apply principle of least authority, including a restricted or strictly controlled transit of data and material outside of office;
physical security on premises including reception or front desk, security passes, clean desk policy, storage of documents in secure cabinets, secure disposal of materials, CCTV, etc.;
apply appropriate policies including Information Security Policy, Data Protection Policy, BYOD, Acceptable Use Policy; limited and monitored personal use of work resources, as appropriate.