Report Reveals UAE Tycoon’s Secret Contribution to Israel Food Initiative


Report Reveals UAE Tycoon’s Secret Contribution to Israel Food Initiative

TEHRAN (Tasnim) – The National Food Security Initiative conference held last week in Tel Aviv revealed the names of five donors who have funded a food security program, including United Arab Emirates (UAE) tycoon Mohamed Alabbar.

Hebrew daily business newspaper Calcalist reported that the five donors had funded assistance to thousands of hungry families worth NIS 550 million for the past 18 years.

The names included Moti Ben Moshe, Len Belvatnik and Alabbar, the owner of Emaar Properties, which owns the famous Burj Khalifa, the highest tower in the world.

For 18 years, donors have been careful not to be exposed. The unveiling was planned for early 2020, but COVID-19 postponed it to last Monday.

According to Calcalist, the most surprising partner to join the Israeli initiative in 2018 was Alabbar, the Middle East Monitor reported.

Calcalist pointed out that Alabbar had joined long before the normalization deals reached between Tel Aviv and a number of Arab states, including the UAE.

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