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From the blog of Raphael Lachter at The Times of Israel

Hailed as the first major partnership to come out of the Abraham Accords, the deal has come under fire from environmental groups for allegedly posing a risk to the Gulf of Eilat’s coral reefs.

Pétur Einarsson, the head of Reykjavik-based investment bank Straumur, has been dismissed following the release of a report stating that he evaded paying taxes in Britain whilst serving on the board of failed London investment firm Cbridge Ltd.

Emirati official tells Ynet termination of agreement signed in October 2020 is only 'a private commercial matter' that is not going to affect the Abraham Accords; deal would have seen Gulf oil brought to Israeli ports, then shipped to Europe

JERUSALEM: Israel’s environmental protection ministry said on Sunday it was delaying implementation of a proposed oil transport deal with the United Arab Emirates, freezing a project that has angered environmentalists. The agreement, which followed the UAE and Israel establishing diplomatic ties last year, would see Gulf oil brought to the Red Sea port of Eilat by tanker, than moved by pipeline through mainland Israel to the Mediterranean port of Ashkelon, from where it would be shipped to Europe. The oil deal, involving Israel’s state-owned Europe-Asia Pipeline Company (EAPC) and an Isra...