UAE ends boycott of Israel, permits economic and financial deals

BusinessUAE ends boycott of Israel, permits economic and financial deals

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UAE ends boycott of Israel, permits economic and financial deals

Abu Dhabi: The president of the United Arab Emirates has issued a decree canceling a law on boycotting Israel and allowing trade and financial agreements between the two countries, the UAE official news agency WAM reported on Saturday.

The decree from UAE President Khalifa bin Zayed Al Nahyan aims at “supporting bilateral cooperation in order to arrive at (the establishment) of bilateral relations,” the agency said.

The announcement comes as El Al Airlines plans to operate Israel’s first direct flight between Tel Aviv’s Ben Gurion Airport and the UAE’s capital Abu Dhabi, carrying an Israeli delegation and top aides to U.S. President Donald Trump, who brokered an Aug. 13 accord to normalize Israel-UAE ties.

Trump’s senior adviser Jared Kushner will be among the U.S. officials on the El Al flight departing on Aug. 31 at 10 a.m. (0700 GMT), a U.S official said.

The Israel-UAE deal awaits negotiations on details such as opening embassies, trade and travel links before it is officially signed.

There are no official air links between Israel and the UAE, and it was unclear whether El Al would be able to fly over Saudi Arabia, which has no official ties with Israel, to cut down on flight time.

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