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Al Jazeera
Al Jazeera
Business

Israel signs first Arab free trade agreement with UAE

UAE Economy Judaism
Israel and the UAE have grown closer since they signed a deal to normalise relations, known as the Abraham Accords [File: Haim Zach/Israel Government Press Office via AP]

Israel has signed a free trade agreement with the United Arab Emirates, its first big trade accord with an Arab state and a move aimed at boosting trade between the two Middle Eastern nations.

The pact was signed in Dubai by Israel’s Minister of Economy and Industry Orna Barbivai and her counterpart, UAE Minister of Economy Abdulla bin Touq al-Marri, on Tuesday after months of negotiations.

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