UAE-Israel trade set new record

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UAE 


According to   Israel's Ambassador to the UAE Amir Hayek stated in a tweet.   Trade in goods (excluding software) between Israel and the UAE reached a new record in 2022 and stands at $2.56 billion compared to $1.22 billion in 2021 

Since 2020 UAE and Israel have been working to strengthen their business ties even since both countries signed the Abraham Accord  

UAE-Israel Financial Dialogue brings together the ministries of finance and central banks, as we believe it is important to keep an open dialogue between both countries to discuss issues that impact our financial systems and potential areas of bilateral and regional cooperation 

Earlier this month, the UAE held its first financial dialogue meeting with Israel in a bid to boost cooperation ties and encourage innovation between the two countries

Furthermore recently signed comprehensive economic partnership Agreement between the UAE and Israel will further solidify the bilateral relations between both countries and create new opportunities to develop priority sectors such as agri-tech, renewable energy, and advanced technology 


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