Report: UAE Signed Massive Secret Deal with an Israeli Company

Translation by SadaNews Economy - The French website Intelligence Online revealed on Tuesday that the UAE is the country that signed a massive and secret deal with the Israeli Elbit military industries about a month ago.

The Hebrew economic newspaper Calcalist had revealed days ago that a huge and secret deal was signed with the Israeli military industries, involving the sale of a strategic security system based on unique and pioneering technology.

The value of the deal was approximately $2.3 billion, and it is described as one of the largest deals in Elbit's history, having been signed under the auspices of the Israeli Ministry of Defense, and it will last for about a decade, according to SadaNews Economy.

The security system related to the agreement has not been disclosed, as the country that signed it conditioned non-disclosure of its details, which could lead to its cancellation.

The newspaper stated that this will affect Israel's ability to maintain its qualitative military superiority in the Middle East over the coming years.

Through this deal, Israel aims to channel the necessary funds into its military industries via arms deals, instead of the state funding production and development operations itself from a treasury that has been drained after two years of regional war.

Israel and the UAE signed a peace agreement about five years ago as part of the Abraham Accords promoted by U.S. President Donald Trump during his first term, and since then, Israeli defense companies, including Elbit and Israeli Aerospace Industries, have opened official representative offices in Abu Dhabi.