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International relations

UAE-Israel deal's reverberations extend to Asia ahead of signing

Investors abuzz over tech, trade and travel as China watches closely

Israeli flag carrier El Al's plane is seen after landing at Abu Dhabi on Aug. 31. Saudi Arabia's decision to grant overflight permission could make it easier for Israelis to do business in Asia.   © Reuters
NESREEN BAKHEIT and JAMES HAND-CUKIERMAN, Nikkei staff writers | Middle East

DUBAI/TOKYO -- On Sept. 13, 1993, Israeli and Palestinian leaders shook hands on the White House lawn to seal the Oslo Accords. The late Israeli statesman Shimon Peres, one of the architects of the arrangement, trumpeted the coming of a "new Middle East" that would bring peace and prosperity.

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