UAE formally ends Israel boycott amid US-brokered deal

Dubai, August 29

The ruler of the United Arab Emirates on Saturday issued a decree formally ending the nation’s boycott of Israel amid a US-brokered deal to normalise relations between the 2 international locations.

The state-run WAM information company mentioned the transfer was made on the orders of Sheikh Khalifa bin Zayed Al Nahyan, the ruler of Abu Dhabi and the Emirates’ chief.

WAM mentioned the brand new decree permits Israelis and Israeli corporations to do enterprise within the UAE, a federation of seven sheikhdoms on the Arabian Peninsula. It additionally permits for the acquisition and commerce of Israeli items.

“The decree of the new law comes within the UAE’s efforts to expand diplomatic and commercial cooperation with Israel,” WAM mentioned.

It lays out “a roadmap toward launching joint cooperation, leading to bilateral relations by stimulating economic growth and promoting technological innovation.”          

On Monday, the primary direct industrial flight by Israel’s flagship provider El Al is anticipated in Abu Dhabi, carrying US and Israeli officers, together with President Donald Trump’s son-in-law Jared Kushner. AP

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