Two years on, the accords are creating endless opportunities for B2B companies in the MENA region and building a pro-business environment
Since the accords were signed, there have been notable steps in deepening the economic relations between both countries such as the Dubai International Chamber’s decision to open an office in Tel Aviv.
According to Israel’s Central Bureau of Statistics trade between Israel and the United Arab Emirates reached $212.6 million in August 2022, constituting a 163% increase in trade from August 2021. For the first eight months of 2022, bilateral trade was just over $1.62 billion, constituting a 121% increase in trade from the first eight months of 2021.
Image - iStock