Israeli and United Arab Emirates parliaments have formally ratified the free trade agreement that they signed in May. The FTA eliminates or reduces tariffs on 96% of products traded between the two countries. https://www.israeltoday.co.il/read/israel-united-arab-emirates-ratify-major-free-trade-agreement/

In the last year, trade with the United Arab Emirates has increased from $270 million (see here previously) to 2.5 billion. The two countries have just signed a Free Trade Agreement. https://www.arabianbusiness.com/politics-economics/uae-israel-bilateral-trade-crosses-2-5bn-within-two-years-of-abraham-accords-uae-minister https://www.arabianbusiness.com/politics-economics/uae-israel-sign-trade-agreement-to-boost-non-oil-trade-to-over-10bn-in-five-years https://www.youtube.com/watch?v=cYov1P-BJqU

Israel and the United Arab Emirates have finalized details for a massive free trade agreement worth hundreds of millions of dollars. It covers 95% of all traded products, leading the way to customs-free import-export of food, agricultural products, medical equipment, … Continue reading →

The Southern California Israel Chamber of Commerce is publicizing a webinar (Mon 14 Sep) featuring the UAE’’s new Minister of Economy, Abdulla bin Touq Al Mari, on the business implications of the historic Abraham Accord. https://www.cvent.com/c/express/8604adab-9dd8-4f19-a360-3957cb9d4eff http://www.usuaebusiness.org/israel-u-a-e-u-s-agreement-heralds-much-more-than-peace/

Israel signed its first official agreement with the United Arab Emirates. A joint committee was set up to advance cooperation in finances and investments. The UAE formally ended its economic boycott of Israel and signed a decree to build ties … Continue reading →

The Manufacturers’ Association of Israel has signed an agreement with the United Arab Emirates’ Ras Al Khaimah Economic Zone. Its aim is to foster business and manufacturing ties and boost relations with institutions in industry, trade, and investment. https://www.timesofisrael.com/israel-and-uae-sign-agreement-to-expand-industrial-cooperation-and-investment/

Dubai Multi Commodities Centre (DMCC) CEO Ahmed Bin Sulayem came to the Tel Aviv Stock Exchange to promote its free trade zone to hundreds of Israeli entrepreneurs. 78 Israeli companies operate in the DMCC, able to trade with businesses in … Continue reading →

Following the success of a Free Trade Agreement with the United Arab Emirates (see here previously), Israel has successfully completed the first round of FTA talks with Bahrain. Israel’s Economy ministry remarked on the “quick progress in the negotiations”. https://unitedwithisrael.org/israel-bahrain-free-trade-talks-enjoy-successful-first-round/