UAE formally ends the country’s boycott of Israel

Dubai: The president of the United Arab Emirates (UAE) has formally ended the country’s boycott of Israel by issuing a decree to this effect. Sheikh Khalifa bin Zayed Al Nahyan has issued a decree that allows for trade and financial agreements to commence between the two countries.

Proded by the United States, UAE and Israel reached a peace agreement, known as Abraham Accord, on August 13, 2020.

The decree aims at “supporting bilateral cooperation in order to arrive at (the establishment) of bilateral relations,” reported UAE’s official news agency WAM on Saturday.