Dubai, Israel Trade Reaches One Billion Dirham Since Normalization

DUBAI (Reuters) -
An El Al plane approaches landing at Abu Dhabi International Airport, United Arab Emirates August 31, 2020. (Ministry of Presidential Affairs/WAM/Handout via Reuters)

The trade between Dubai and Israel has reached 1 billion dirham ($272 million) over the last five months, the Dubai media office said on Saturday.

Israel and the United Arab Emirates agreed in August to normalize diplomatic relations.

The amount includes around 325 million dirham of imports and 607 million dirham of exports, the media office said in a statement.