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UAE issues decree to abolish 1972 Israel boycott law

President Sheikh Khalifa abolished a decades-old UAE law banning dealings with Israel as part of ongoing efforts to normalise relations between the countries.

The UAE announced the issuing of Federal Decree-Law Number 4 of 2020, abolishing Federal Law Number 15 of 1972. The decision to remove the Israel Boycott Law will allow people and companies in the UAE to enter into agreements with bodies or people living in Israel or belonging to it by nationality as part of commercial or financial operations or dealings of any other nature...

UAE, Israeli Companies Sign

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