|
Trending Topics
|
Source: https://www.reuters.com/world/middle-east/israel-uae-sign-free-trade-deal-ambassador-2022-05-31/
Israel, UAE Sign Free Trade Pact
(Reuters) Alexander Cornwell - Israel signed a free trade agreement with the United Arab Emirates on Tuesday in Dubai, its first big trade accord with an Arab state. The UAE-Israel Business Council predicts there will be almost 1,000 Israeli companies working in or through the UAE by the end of the year doing business with South Asia, the Far East and Middle East. "The domestic market doesn't represent the entirety of the opportunity. The opportunity is really setting up in Dubai, as many companies have, in order to target the broader region," said Council President Dorian Barak.