UAE value of business deals with Israel estimates up to $500 million
It is estimated that the value of busines deals that come as a result of the peace treaty, also known as Abraham Accords, between UAE and Israel is in the range of $300 million to $550 million.
“It was a day where we look towards the future with optimism, hope and confidence.” Minister of Economy Abdulla Al Marri said. He also mentioned that the UAE’s ties with Israel will benefit the Palestinians in the process.
UAE’s courageous decision represents doors of opportunity for all Arab countries across a number of sectors including health care, food security, aviation, finance, tourism, energy and science and technology.