UAE-Israel trade already tops last year
The increase in bilateral trade follows the signing of a trade agreement.
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Trade between the United Arab Emirates and Israel has increased considerably this year, according to recent comments from an Israeli diplomat.
Israel’s ambassador to the UAE, Amir Hayek, tweeted Thursday that bilateral trade during the first seven months of 2022 reached $1.407 billion. In the entirety of 2021, trade amounted to $1.221 billion. These figures exclude software, Hayek said.