UAE, US, Israel announce establishment of Abraham Fund

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The United Arab Emirates, the United States of America, and Israel, have announced the establishment of the Abraham Fund, which fulfills a commitment made in the Abraham Accords.

Through this fund, the UAE, the US International Development Finance Corporation, and Israel will mobilise more than $3 billion in private sector-led investment and development initiatives to promote regional economic cooperation and prosperity in the Middle East and beyond. The partners welcome participation from other countries to advance these objectives.

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