DP World and Dubai Customs agree to form trade links with Israel
Following the normalisation of relations between the UAE and Israel, DP World and Dubai Customs are planning to develop trade links between the countries, with a focus on ports, free zones and infrastructure.
DP World’s group chairman and CEO Sultan Ahmed bin Sulayem signed memorandums of understanding (MoUs) with DoverTower, a company owned by Shlomi Fogel, the co-owner of Israel Shipyards and Port of Eilat.
The agreements create a framework for the companies to work together in assessing opportunities to develop infrastructure for trade between Israel and the UAE, as well as within Israel and the region.
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