UAE President issues decree to abolish Israel Boycott Law

Saturday, 29 August 2020 12:45

Following the announcement of a peace accord with Israel, UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued a decree cancelling a law on boycotting the country.

Federal Decree-Law No. 04 of 2020 announced on Saturday abolishes Federal Law No. 15 of 1972.

The decree comes as part of the UAE's efforts to expand diplomatic and commercial cooperation with Israel.

It lays out a roadmap towards launching joint cooperation, leading to bilateral relations by stimulating economic growth and promoting technological innovation.

Following the abolition of the Israel Boycott Law, individuals and companies in the UAE may enter into agreements with bodies or individuals residing in Israel or belonging to it by their nationality, in terms of commercial, financial operations, or any other dealings of any nature.

It is now permitted to enter, exchange or possess Israeli goods and products of all kinds in the UAE and trade in them.

More from Local News

H.H. Sheikh Hamdan reviews operations, developments at Jebel Ali Port

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai's Crown Prince and the UAE's Deputy Prime Minister and Defence Minister, has visited Jebel Ali Port to review operations and examine ongoing efforts to strengthen Dubai’s role as a global trade hub.
Drugs hidden inside passenger’s body seized at Abu Dhabi Airport

A drug smuggling attempt involving more than 1.4 kg of cocaine hidden inside a passenger’s body has been foiled at Abu Dhabi's Zayed International Airport.
UAE President, Montenegro PM discuss stronger bilateral cooperation

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has met with Montenegro’s Prime Minister Milojko Spajić, who is on a working visit to the UAE.
Fujairah says pipeline work triggered fire in petroleum industries area

Authorities in Fujairah have clarified that smoke seen in the Emirate's industrial area was caused by an "accidental fire" during routine pipeline maintenance work.
Yas Island announced as location for Sphere Abu Dhabi project

Abu Dhabi's Department of Culture and Tourism and Sphere Entertainment Co. have announced Yas Island as the location for Sphere Abu Dhabi.
Warning issued on dangers of sudden road stops after 1 dead, 19 injured

Dubai Police have issued a warning after a truck crashed into a bus that had broken down on Al Yalayis Street, near Sheikh Zayed bin Hamdan Bridge, leaving one dead and 19 injured.
UAE says reports of Israeli PM Netanyahu's visit 'entirely unfounded'

The UAE has denied reports circulating online claiming Israeli Prime Minister Benjamin Netanyahu visited the country or that an Israeli military delegation had been received in the Emirates.
UAE launches platform to help Emiratis choose 'right academic, career paths'

Authorities in the UAE have unveiled a platform to help Emirati students choose the right academic and career paths, by tracking global trends, analysing skills’ gaps, and finding the right programme and job opportunities.
Dubai Customs foils attempt to smuggle endangered bears through airport

Dubai Customs said on Thursday it stopped an attempt to smuggle rare endangered animals through Dubai International Airport after officers discovered concealed bears inside a passenger’s luggage.
UAE, Syria Presidents discuss cooperation and regional developments

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and his Syrian counterpart Ahmad Al Sharaa have discussed fraternal relations during a phone call.
UAE President, Qatari Emir discuss ties and regional developments

The UAE and Qatar have reaffirmed their commitment to strengthening bilateral cooperation and continuing coordination on regional issues.
UAE reinforces anti-money laundering standards in gold sector

The UAE's Minister of Economy and Tourism, Abdulla bin Touq Al Marri, has carried out an inspection tour of Dubai’s Gold Souq to review compliance with regulations in the gold sector, particularly those related to anti-money laundering and counter-terrorism financing standards.
Eid Al Adha holidays confirmed for Dubai Government entities

The Eid Al Adha holiday for Dubai Government departments and entities will begin on Monday, May 25, and continue until Friday, May 29.
UAE President holds talks with US, Saudi Arabia leaders

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has held talks with US President Donald Trump and of Saudi Arabia's Crown Prince and Prime Minister Mohammed bin Salman bin Abdulaziz Al Saud in separate phone calls on Tuesday.
Dubai's Parkin begins roll out of AI curb-side parking cameras

Dubai parking operator Parkin has introduced on-street smart parking camera systems at three key locations in the city.
UAE reviews AI readiness across federal government

His Highness Sheikh Mansour bin Zayed Al Nahyan, UAE Vice President, Deputy Prime Minister and Chairman of the Presidential Court, has chaired a meeting of the Ministerial Council for Artificial Intelligence and Development.
From Sweden to India, 10 nurses shortlisted for $250,000 global award

India's Hindumbi Kourom Kakkada and Sweden's Dr. Aidah Alkaissi are among 10 finalists from across the world who have been shortlisted for the $250,000 Aster Guardians Global Nursing Award.
UAE, Kuwaiti Foreign Ministers discuss foiled infiltration operation by Iran's IRGC

Foreign ministers of the UAE and Kuwait have discussed the need to strengthen regional cooperation after an infiltration operation in Bubiyan Island by Iran’s Islamic Revolutionary Guard Corps (IRGC) was foiled.
UAE adds 16 individuals, 5 entities to terror list over Hezbollah links

The UAE has added 21 individuals and entities linked to Hezbollah to its local terrorist list as part of ongoing efforts to combat terrorism financing and extremist activities.
UAE fully prepared to deal with hantavirus, any health threats

The UAE’s National Emergency Crisis and Disaster Management Authority (NCEMA), alongside the Ministry of Health and Prevention, has confirmed the country is fully prepared to respond to any developments related to hantavirus and other health threats.

News

H.H. Sheikh Hamdan reviews operations, developments at Jebel Ali Port
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai's Crown Prince and the UAE's Deputy Prime Minister and Defence Minister, has visited Jebel Ali Port to review operations and examine ongoing efforts to strengthen Dubai’s role as a global trade hub.
Drugs hidden inside passenger’s body seized at Abu Dhabi Airport
A drug smuggling attempt involving more than 1.4 kg of cocaine hidden inside a passenger’s body has been foiled at Abu Dhabi's Zayed International Airport.
UAE President, Montenegro PM discuss stronger bilateral cooperation
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has met with Montenegro’s Prime Minister Milojko Spajić, who is on a working visit to the UAE.

UAE President issues decree to abolish Israel Boycott Law

More from Local News

News

Our Shows

Quick Links

Listen on the Go

UAE President issues decree to abolish Israel Boycott Law

Share

More from Local News

News

Our Shows

Quick Links

Listen on the Go