UAE-Israel ink 60 major agreements since Abraham Accords

Wednesday, 15 September 2021 10:47

By ARN News Staff

Nearly 60 major agreements were signed at the government and private-sector levels between the UAE and Israel.

The figures were revealed by Abdullah bin Touq Al Marri, UAE Minister of Economy, as a part of a virtual meeting with a non-partisan think tank that reviewed the growth of UAE-Israeli relations since ties were normalised a year ago, today.

The UAE and Israel’s non-oil trade exchange rate nears AED 2.5 billion in the one-year since the signing of the Abraham Accords.

With EXPO 2020 Dubai opening its doors in 15 days, the UAE minister expects to see a boost in UAE-Israeli relations.

The event will essentially act as a platform for Israeli businesses to test the waters and showcase their products and services in the UAE.

More from Business

ADNOC, Gecko Robotics sign deals to accelerate AI, robotics, skills training

ADNOC and Gecko Robotics have expanded their strategic partnership with three new agreements to explore deploying robotics and artificial intelligence (AI) across ADNOC’s operations and boosting future skills training for UAE nationals.
Maktoum bin Mohammed chairs Board meeting of Federal Tax Authority

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and Chairman of the Board of the Federal Tax Authority (FTA), chaired the latest FTA Board meeting, during which he reviewed development projects.
UAE’s first AI-designed business complex launched in Sharjah

Al Marwan Developments has launched its pioneering project, “District 11”, the UAE’s first smart work resort designed using artificial intelligence, setting a new benchmark for urban innovation and economic vitality in Sharjah and the wider UAE.
ADNEC Group to host two of world’s largest events simultaneously in Abu Dhabi, London

ADNEC Group is set to demonstrate its international prowess by simultaneously hosting two of the world’s largest events at Excel London and ADNEC Centre Abu Dhabi from November 3-6.