Stinging Blow for Israel in Major Dubai Cyber Bid
The Israeli group, led by Rafael Advanced Defense Systems, had hoped that Israel’s reputation and the normalization of ties with the UAE would clinch the deal
The United Arab Emirates has rejected a $300 million bid by a consortium of Israeli firms to set up a cyberdefense center, dealing a stinging economic blow to leading Israeli companies and to the Defense Ministry.
The Israeli group, led by Rafael Advanced Defense Systems, had hoped that the country's reputation in the field of cybertechnology, the normalization with the UAE and Israel’s prior covert ties with the Emirates would clinch the Israeli bid.