Israel News

UAE Seeks to Grow Economic Ties with Israel

In News Surrounding Israel by Chris Katulka

Bloomberg reports, the United Arab Emirates is seeking to grow economic ties with Israel, to the tune of more than $1 trillion over the next decade, strengthening a year old relationship that’s already produced billions of dollars worth of business.

The Abraham Accords, as they’re called, have done more than just bring stability to the Middle East, it has sparked economic growth to the region. On one of my trips to Israel a few years ago, I listened to a Middle East expert explain that if peace could come to the region, the Middle East could become an economic powerhouse in the global economy. Maybe we’re seeing the start of something new for a region that’s often fraught with unrest.

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About the Author

Chris Katulka

Chris Katulka is the assistant director of North American Ministries for The Friends of Israel Gospel Ministry, the host of The Friends of Israel Today radio program, a Bible teacher, and writer for Israel My Glory magazine.