Al-Thani will visit Israel to launch the Israel-Palestine Commercial Arbitration Center (also known as the Jerusalem Arbitration Center), a venture led by the President of the International Chamber of Commerce Oren Shachor and Palestinian Arab businessman Munib al-Masri, which is meant to solve disputes between Israeli and Palestinian businesses for amounts of up to seven million shekels.
There are unofficial trade relations between Israel and Qatar but they generally do not include high-tech products. According to the Calcalist, the Qatari government is interested in strengthening its local high-tech sector by acquiring knowledge and technology and by encouraging the Israeli high-tech companies to export jobs and development projects to Qatar, rather than to India or Eastern Europe.
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| Al Thani and Shachor |
The visit was set during a meeting last weekend between Al Thani and Shachor to promote commercial relations between the two countries. The prince is considered very close to the Emir and other Qatari leaders.
Qatar has been in the forefront of sending aid to Hamas-ruled Gaza, both fuel and building materials.