Over 1 million Israelis visit UAE in 3 years; bilateral trade reaches Dh20.55 billion

News Network
September 17, 2023

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Dubai, Sept 17: The number of Israeli tourists visiting the UAE surpassed the one million mark since the signing of the Abraham Accord three years ago.

According to data released by the UAE Embassy in Israel, the number of flights increased from zero to 106 per week in three years, reflecting growing economic relations.

The UAE and Israel signed the Abraham Accord in September 2020, establishing economic and political relations. Since then, the two countries have signed numerous agreements to give fillip to trade, travel, tourism and other industries, especially new-age technologies such as artificial intelligence.

The UAE also signed the Comprehensive Economic Partnership Agreement (Cepa) with Israel. It was the first free trade agreement of Israel with a Gulf country, giving greater market access for UAE products entering the Israeli market, covering more than 96 per cent of tariff lines and 99 per cent value of trade with Israel.

"The Comprehensive Economic Partnership Agreement between the UAE and Israel will serve as a major engine to strengthen economic and commercial ties between the UAE and Israel. We expect the agreement to produce significant mutual economic benefits,” said Mohamed Al Khaja, the UAE ambassador to Israel, at the signing of the customs agreement recently.

Dh20.55 billion

According to the latest figures released by the UAE Embassy in Israel on X (formerly Twitter), bilateral trade between the UAE and Israel reached $5.6 billion (Dh20.55 billion) in three years since the signing of the Abraham Accord.

The trade of goods – excluding software – between the UAE and Israel reached $ 1.29 billion in the first five months of 2023 as compared to $912.5 million in the same period last year, up more than 41 per cent.

Trade of goods between the two countries during the January-May 2023 period exceeded all trade between them in 2021, said the Embassy of Israel in the UAE.

While the number of Israeli companies operating in the UAE has surpassed 70, signing more than 120 agreements and memorandum of understanding with local entities.

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News Network
November 12,2024

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The Palestinian Hamas resistance movement says its fighters have killed at least 20 Israeli soldiers in northern parts of the besieged Gaza Strip in just two days, in retaliation for the occupying regime’s genocidal war on the Palestinian territory.

In a statement on Monday evening, Hamas said that fighters of its military wing, al-Qassam Brigades, “killed at least five occupation soldiers” in northern parts of the coastal territory earlier in the day.

It added that Hamas fighters also killed 15 Israeli soldiers in the war-ravaged region on Sunday.

The resistance movement’s “qualitative operation … confirms once again the failure of the criminal Zionist entity to suppress and eradicate the Palestinian resistance, which continues to direct qualitative strikes against its terrorist soldiers,” Hamas further said on its Telegram channel.

Palestinians have increased their resistance operations in the face of intensified Israeli aggression in northern Gaza that has claimed the lives of more than 1,000 over the past weeks.

“Our valiant resistance is waging a war of attrition with the criminal enemy, inflicting daily losses on its soldiers and vehicles, and all of [Israeli prime minister Benjamin] Netanyahu’s bets and dreams of achieving any of his goals are failing,” the Gaza-based resistance movement added.

Hamas also vowed that Israel’s ongoing crimes and aggression against Gaza would be met with increased resistance and painful strikes, which will continue until the aggression against Palestinians ends and the regime fully withdraws from the blockaded territory.

As the war in Gaza enters its 14th month, the Health Ministry reports that Israeli attacks have killed at least 43,603 Palestinians and wounded 102,929 others.

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News Network
November 15,2024

Udupi: The Tourism Department is planning a major eco-friendly development initiative for Kamini Island, located near the Blue Flag-certified Padubidri End Point beach, aiming to attract more visitors while maintaining environmental sustainability.

Assistant Director Kumar CU emphasized that, given the island’s proximity to the Blue Flag beach, all development efforts will center around eco-friendly practices. “We are looking to enhance the Kamini River and the island’s surroundings by adding a hanging bridge, nature trails, and eco-friendly food courts offering traditional cuisine. Visitors will also be able to reach the island by pedal boats or kayaking,” he said.

The development project is estimated to cost between Rs 3 crore and Rs 4 crore. Meanwhile, the Blue Flag beach, Padubidri, continues to see a steady flow of visitors. Vijay Shetty, manager of the beach, shared that tenders for food courts and water sports have been awarded to private parties. Recently, three new coracles have been introduced, which are proving to be a hit with visitors. Additionally, three more shelters are expected to be ready by November 20.

Shetty mentioned that the beach can now accommodate between 2,500 and 3,000 visitors daily, although footfall remains lower than other district beaches due to user fees and activity restrictions. “Initially, most visitors were from Mangaluru, but now nearly 40% come from other districts, showing a shift in the visitor demographics,” Shetty noted.

To further boost tourism and promote a healthy lifestyle, a Beach Carnival is set to take place on November 23-24, featuring the National Sea Swimming Championship and a sea marathon in collaboration with the Padubidri JCI, which is celebrating its golden jubilee. Cultural events will be held at the main beach, with some sports events taking place at the Blue Flag beach. Emphasis will be placed on making all activities environmentally friendly.

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News Network
November 19,2024

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