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.