The talks between Israel and the United Arab Emirates for a robust trade deal are advancing successfully and a signing ceremony will be held next year.
This was disclosed by Israel’s new ambassador to the UAE, Amir Hayek, while talking to the state news agency.
Hayek said that the Comprehensive Economic Partnership Agreement (CEPA) will be signed within the nine-month timeframe.
During the interview, he said that the sky is the limit in relations with the UAE, adding that the CEPA is vital for enhancing the bilateral trade ties.
Hayek’s interview comes as the Federation of Israeli Chambers of Commerce has projected that trade between the UAE and Israel could surge to $1.5 billion by the end of this year. The FICC sees this trade volume at over $5 billion within two to three years.
In the meantime, the president of the UAE-Israel Business Council said that the number of Israeli companies operating in the UAE is expected to double within a year.
In July, Dorian Barak, who is also the founder of Indigo Strategic Partners, said that he expects over 1,000 Israeli companies to be active in the UAE by next July. He said the coronavirus pandemic could be the only hurdle in enhancing bilateral economic ties.
Meanwhile, the UAE’s Economy Minister Abdulla Bin Touq has said that his country is seeking to grow economic ties with Israel to more than $1 trillion over the next decade.
Speaking at a virtual conference from the US, he said that the UAE has signed over 60 memorandums of understanding (MoUs) with Israel since normalising relations in 2020.
He added that currently, the UAE and Israel are engaged in up to $700 million dollars of bilateral trade and both sides have already announced joint funds of billions of dollars.
Earlier this month, the UAE also announced plans to strengthen its trade ties with the fast-growing economies in Asia and Africa.
The UAE’s long-awaited passenger rail network has taken another major step forward after Etihad Rail confirmed the completion of its first passenger station in Fujairah ahead of operations launching later this year.
Located in the Madinat Al Hilal area, the new station spans more than 51,900 square metres and is expected to become a key transport hub linking Fujairah with Dubai and Abu Dhabi.
A new way to travel across the UAE
Officials say the launch of passenger rail services could significantly reshape travel between emirates, offering faster and more comfortable journeys while reducing pressure on roads.
Travel at 200km/h
Travel time between Fujairah and Abu Dhabi will take around 105 minutes
Trains will reach speeds of up to 200km/h
Each train will accommodate up to 400 passengers
The first operational phase is expected to launch simultaneously across routes connecting Abu Dhabi, Dubai and Fujairah.
Strategically located near key landmarks
The new station sits close to several major destinations in Fujairah, including:
Fujairah International Airport — approximately 12 minutes away
Umbrella Beach Corniche — around six minutes away
Sakamkam Fort — roughly five minutes away
Officials believe the railway connection will help boost tourism, investment and economic activity across the emirate.
VIP lounges, Wi-Fi and dining onboard
The passenger experience is also expected to feel far more modern than traditional regional rail travel.
Station and trains will include:
Retail areas
VIP lounges
High-speed Wi-Fi
Dining carriages
Automated payment machines
Passenger service offices
Modern waiting areas and digital signage
Built with strong local contribution
Etihad Rail also revealed that around 70 per cent of materials used across the national railway network were sourced locally through 97 UAE suppliers, highlighting the project’s broader economic impact.
While official schedules and ticketing details are still expected to be announced closer to the launch date, the completion of Fujairah Passenger Station is a major step towards rail travel in the UAE.
Authorities in the UAE have reaffirmed the country’s readiness to respond to any emerging health developments, including situations linked to Ebola, as officials reviewed national preparedness systems and precautionary measures already in place.
The update came during a high-level meeting chaired by Ahmed Ali Al Sayegh under the supervision of the National Emergency Crisis and Disaster Management Authority alongside the Ministry of Health and Prevention and strategic partners.
Focus on preparedness and monitoring
Officials reviewed:
The latest developments related to Ebola
The UAE’s national surveillance systems
Existing precautionary health measures
Coordination between local and international authorities
Authorities stressed that the UAE’s health monitoring and emergency response systems are continuously reviewed and updated in line with international standards and global best practices.
Hospitals and medical teams remain ready
NCEMA and MoHAP said precautionary monitoring measures continue to be implemented across the country as part of the UAE’s proactive public health strategy.
They added that healthcare facilities and medical teams remain fully prepared to respond efficiently to any health developments if required.
The UAE has consistently invested in strengthening:
Communicable disease response systems
Emergency preparedness plans
Integrated healthcare coordination
Public health awareness initiatives
Authorities urge residents to rely on official information
Officials also called on the public to avoid sharing unverified information online, stressing the importance of relying only on official sources for updates related to public health matters.
The authorities said community awareness and responsible information sharing remain essential components in protecting public health and preventing unnecessary panic.
While no emergency has been announced, the meeting reflects the UAE’s ongoing approach of preparing early, monitoring developments closely and maintaining readiness for a wide range of public health scenarios.
Drivers in Dubai could soon experience dramatically shorter journeys as the Roads and Transport Authority (RTA) announced that the huge Al Khaleej Street Tunnel Project is now 80 per cent complete.
Part of the wider Al Shindagha Corridor Improvement Project, the development is expected to reduce travel times from 104 minutes to just 16 minutes by 2030.
One of Dubai’s biggest road projects
The giant tunnel project stretches approximately 1,650 metres, extending from the end of the Infinity Bridge ramp in Deira to the intersection of Al Khaleej Street and Al Wuheida Street.
Once completed, the project is expected to serve around one million people across several rapidly growing districts.
The tunnel includes:
Three lanes in each direction
Capacity for up to 12,000 vehicles per hour, both ways
Development of 15 major intersections
Areas set to benefit
The upgraded road network will improve connectivity to several key areas, including:
Dubai Islands
Waterfront Market
Dubai Maritime City
Port Rashid
Officials say the project is designed to support population growth and keep pace with rapid urban expansion across the emirate.
Round-the-clock construction
To meet the planned completion schedule in the fourth quarter of this year:
14 teams are working continuously on excavation support
Four additional teams are handling tunnel excavation works 24/7
Current excavation output stands at:
5,000 to 6,000 cubic metres daily
Expected to increase to 8,500 cubic metres in the next phase
Massive safety milestone reached
The RTA also revealed the project has been completed nearly:
Eight million work hours
With zero lost-time injuries reported
The workforce currently includes:
1,591 engineers, technicians and workers
221 machines and heavy equipment across sites
Tunnel inspired by Dubai’s skyline
Adding a creative touch to the infrastructure project, the inside of the tunnel will feature a mosaic mural designed by Emirati artist Maryam Hathboor.
The artwork is inspired by banknote-style illustrations showcasing Dubai’s skyline, blending public art with urban engineering.
For commuters frustrated by heavy traffic, this project could eventually become one of the city’s most game-changing transport upgrades yet.