Amid Ongoing Conflict, Trade Volume Between Israel and Arab States Increases

Monday, August 19, 2024  Read time1 min

SAEDNEWS: The latest report of the Israel regime's Central Bureau of Statistics indicates the growth of the volume of commercial exchanges between the Tel Aviv Regime and Arab states.

Amid Ongoing Conflict, Trade Volume Between Israel and Arab States Increases

According to SAEDNEWS, According to a report from the Central Bureau of Statistics of the Israeli regime, trade between Israel and the UAE has seen notable growth, reaching a volume of 271.9 million dollars in June 2024. This figure represents a 5% increase compared to the same month in the previous year.

The "Abraham Accords Peace Institute," referencing the data from this organization, highlights that the total commercial exchanges between the UAE and the Zionist regime amounted to 1.66 billion dollars during the first half of 2024. This marks a 7% rise compared to the same period in 2023, indicating a positive trend in economic relations between the two regions.

In addition to the trade with the UAE, the relationship between the Zionist regime and Bahrain has also experienced a remarkable surge. The trade volume reached 16.8 million dollars in June 2024, reflecting an astounding 740% increase compared to June 2023.

These figures underline the growing economic ties among Israel, the UAE, and Bahrain, following the normalization agreements established in recent years.