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Bank Leumi Le-Israel

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UAE, Israel Bilateral Trade Projected to Hit $4 Billion by 2022
September 17th, 2020 - 06:10 GMT

UAE, Israel Bilateral Trade Projected to Hit $4 Billion by 2022

As the UAE and Israel signed the Abraham Accord in Washington DC to set up diplomatic ties and normalise relations, private and public sector companies are gearing to explore trade and investment opportunities in both countries. Industry sources and private sector officials said at least half-a-dozen deals are in the pipeline that will foster bilateral annual trade up to $4 billion by 2022. In addition, both the countries will be ...
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