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Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq Al-Awsat

Dubai, Israel Trade Reaches $272 Million Since Normalization

Emirates Airlines aircrafts are seen at Dubai International Airport, United Arab Emirates May 10, 2016. REUTERS/Ashraf Mohammad/File photo

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.

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