Dubai company to work on direct trade route between UAE and Israel

DP World is partnering with Israeli companies to establish a trade route between Dubai and Eilat and to bid on the strategic Port of Haifa.
GettyImages-1228529251.jpg
Israeli Prime Minister Benjamin Netanyahu, UAE Foreign Minister Abdullah bin Zayed Al-Nahyan and Bahrain Foreign Minister Abdullatif al-Zayani pose before they participate in the signing of the Abraham Accords where the countries of Bahrain and the United Arab Emirates recognize Israel, on the South Lawn of the White House in Washington, DC, Sept. 15, 2020. - SAUL LOEB/AFP via Getty Images
Al Monitor: The Pulse of the Middle East
Al-Monitor Staff

A multinational logistics company in the United Arab Emirates said it is working on establishing trade ties between the Gulf state and Israel.

DP World, based in Dubai, said it signed memorandums of understanding with the Israeli company DoverTower. The firm’s chairman and CEO said direct trade between Israel and the UAE will help economic activity in the Middle East.

Access the Middle East news and analysis you can trust

Join our community of Middle East readers to experience all of Al-Monitor, including 24/7 news, analyses, memos, reports and newsletters.

Subscribe

Only $100 per year.

Videos

See more