{"id":24906,"date":"2020-09-07T15:43:20","date_gmt":"2020-09-07T14:43:20","guid":{"rendered":"http:\/\/thefreezonechannel.com\/?p=24906"},"modified":"2020-09-07T15:43:20","modified_gmt":"2020-09-07T14:43:20","slug":"israel-uae-in-4bn-yearly-trade-outcome","status":"publish","type":"post","link":"https:\/\/thefreezonechannel.com\/old\/israel-uae-in-4bn-yearly-trade-outcome\/","title":{"rendered":"Israel, UAE in $4bn yearly trade outcome"},"content":{"rendered":"\n<p><strong>Reuters<\/strong><\/p>\n\n\n<p>After normalising relations, Israel and the United Arab Emirates (UAE) have announced that annual trade between them is expected to reach $4 billion.<\/p>\n\n\n<p>The two countries in August they normalised diplomatic relations in a deal brokered by Washington.<\/p>\n\n\n<p>The UAE has since announced it was scrapping an economic boycott on Israel and officials from the two countries have said they were looking at cooperation in defense, energy, medicine, tourism, technology and financial investment.<\/p>\n\n\n<p>A number of Israeli and Emirati businesses have signed deals since the normalisation accord was announced.<\/p>\n\n\n<p>\u201cWithin three to five years, trade between Israel and the United Arab Emirates (UAE) will reach $4 billion,\u201d Israeli Intelligence Minister Eli Cohen told Israel\u2019s Reshet Bet radio station.<\/p>\n\n\n<p>A spokesman for Cohen, Israel\u2019s former economy minister, said the figure was annual and included defence trade.<\/p>\n\n\n<p>Israeli carrier Israir said on Sunday it had reserved slots for commercial flights from Tel Aviv to the UAE, preparing for potential tourism.<\/p>\n\n\n<p>The heads of Israel\u2019s two biggest banks will travel to the UAE this month, the first such visits since the countries agreed to normalise relations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters After normalising relations, Israel and the United Arab Emirates (UAE) have announced that annual trade between them is expected to reach $4 billion. The two countries in August they normalised diplomatic relations in a deal brokered by Washington. The UAE has since announced it was scrapping an economic boycott on Israel and officials from [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17343,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[126],"tags":[233],"class_list":["post-24906","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trade-and-industry","tag-uae","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Israel, UAE in $4bn yearly trade outcome - The Freezone Channel<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thefreezonechannel.com\/old\/israel-uae-in-4bn-yearly-trade-outcome\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Israel, UAE in $4bn yearly trade outcome - The Freezone Channel\" \/>\n<meta property=\"og:description\" content=\"Reuters After normalising relations, Israel and the United Arab Emirates (UAE) have announced that annual trade between them is expected to reach $4 billion. 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