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Israel-UAE Flights Opening-up


Israel and the UAE will sign an agreement on Tuesday to allow 28 weekly commercial flights between Israel’s Ben Gurion Airport, Dubai and Abu Dhabi, Israel’s Transport Ministry said on Sunday. The deal, which also allows for unlimited charter flights to a smaller airport in southern Israel and 10 weekly cargo flights, comes after Israel and the UAE agreed to normalize relations. The aviation deal will be signed at Ben Gurion Airport and flights are expected to begin within a few weeks, the ministry said. The two countries have also reached a bilateral agreement that will give incentives and protection to investors investing in their respective countries, both finance ministries said on Sunday. The deal is one of the first between the UAE and Israel after they agreed to normalize relations in August. It is also the first such agreement that Israel has made with an Arab country and will become the 37th treaty of this type for Israel, with the other 36 mainly Western countries. The latest was signed with Japan in 2017. The UAE signed 99 investment protection treaties and this with Israel would strengthen economic ties, encourage competition and increase investment attractiveness between the two countries, he said in a statement the Undersecretary of the Ministry of Finance of the United Arab Emirates Younis Haji Al Khoori.

Elaboration by IICUAE on source Khaleej Times



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