Kazakhstan and Israel have signed seven memorandums of cooperation covering healthcare, artificial intelligence, cybersecurity, water management and trade during a business forum in Tel Aviv.

The agreements were reached at the New Economy. New Opportunities business forum, which brought together representatives of more than 100 Israeli companies, government institutions and businesses from both countries, DKNews.kz reports.

Discussions focused on digital technologies, artificial intelligence (AI) and investment cooperation, with participants exploring opportunities for joint projects across several key sectors.

Among the most notable initiatives are plans to establish a medical cluster in Kazakhstan, explore technologies for producing drinking water from atmospheric air, strengthen cybersecurity cooperation and introduce AI solutions into public administration.

The Kazakh delegation was led by Deputy Prime Minister and Minister of Artificial Intelligence and Digital Development Zhaslan Madiyev.

The forum's opening ceremony was attended by Ze'ev Elkin, head of a department at Israel's Ministry of Finance, Yael Ravia-Zadok, Deputy Director-General of Israel's Ministry of Foreign Affairs, and other officials.

Participants also discussed potential joint projects in energy, water management, agriculture, healthcare and the digital economy.

In addition to the seven memorandums, Kazakhstan and Israel signed an agreement on the avoidance of double taxation. The deal is expected to create more favorable conditions for investment and strengthen business ties between the two countries.