I would say it's no issue.
There are lots of existing business ties already, Haliburton are setting up shop and Israel the UAE and Saudi are allies in the making against the big, bad presence of Iran.
Give it few more years and Dubai will be as much Kosher as it is Habibi.
- Dam, I love posting from Europe
I could get used to this.
On a serious note - as long as you don't have an Israel passport or are not planning on broadcasting your religion you will be fine.
But if it ever happens - say your Christian. I told the truth and said I was atheist which went down like a lead balloon.