the UAE became the first Gulf nation to establish formal relations with the Jewish state, and the third Arab country ever to do so after Egypt and Jordan in 1979 and 1994 respectively.
Business exchanges between the two countries, whose economies were hard-hit by the coronavirus pandemic, reached $500 million in August -- excluding investments -- after tourism, aviation and financial services deals were struck.
The UAE and Israel have sought to emphasise the economic dividend offered by normalisation, especially Dubai, which continuously seeks to expand its tourism, technology and business sectors
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