Dubai’s Chamber of Commerce and Industry has signed a strategic cooperation agreement with Tel Aviv’s Chamber of Commerce who were represented by the Federation of Israeli Chambers of Commerce. The aim of the agreement is to explore business opportunities and boost bilateral cooperation following the signing of the peace treaty between the UAE and Israel. Under the agreement the two bodies will cooperate on conducting economic studies on bilateral markets, investment opportunities, growth prospects, and partnerships which can form the basis for bilateral cooperation in various economic sectors. They will also cooperate on organising virtual events on growth opportunities and cooperation between the business communities in both countries and visits of economic delegations. They will also organise joint business forums and cooperate in the fields of entrepreneurship and emerging enterprises.