It is an exciting time, as the third anniversary of the Abraham Accords has arrived amidst much media attention on the potential to achieve progress between Israel and Saudi Arabia. This could prove to be incredibly meaningful to the region.
Moreover, the Accords have provided many chances for Israeli organizations in the Gulf region. According to interviews with Dorian Barak, who is the co-founder and president of the UAE-Israel Business Council, and an investor based in the Emirates and Israel, the Accords have already accomplished far more than expected in terms of business ventures.
With approximately $3 billion in yearly trade between the two countries, and services, tourism, and other non-goods trade being conducted in, with, and through the UAE, the scope of the growth is even more impressive. The UAE-Israel Business Council has predicted that the number of mutual ventures could potentially reach $5 billion by 2025.