UAE seeks staggering $1 trillion in economic ties with Israel over next decade

UAE seeks staggering $1 trillion in economic ties with Israel over next decade

UAE seeks staggering $1 trillion in economic ties with Israel over next decade A year into the Abraham Accords, trade between countries hits over $600m in 1st half of 2021; investors say big opportunities still ahead Ricky Ben-David is a senior news editor at The Times of Israel. A year after the photo-ops in Washington DC and the breathless reports from the footsteps of the Burj Khalifa, the United Arab Emirates believes that economic activity with Israel could reach more than $1 trillion over the next decade. That stratospheric figure was touted this week by Emirati Minister of Economy Abdulla bin Touq Al-Marri during a virtual event marking the first anniversary of the Abraham Accords, the historic US-brokered agreement that normalized ties between Israel and the UAE, quickly followed by …
More on: www.timesofisrael.com