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The Fox News Rundown

Evening Edition: Business Looks Good A Year Into The Abraham Accords

The Fox News Rundown

FOX News Podcasts

News, Daily News, Politics

3.41.7K Ratings

🗓️ 13 August 2021

⏱️ 11 minutes

🧾️ Download transcript

Summary

One year ago today Israel and the United Arab Emirates agreed to normalize relations and what followed was a string of other peace deals with Bahrain, Morocco and Sudan. Trade between Israel and the UAE is expected to reach one billion dollars and could exceed three billion in just a few years. FOX's Trey Yingst speaks to Dorian Barak, co-founder of the UAE-Israel Business Council, about how companies in both countries have really embraced the business potential offered. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It's time to take the quiz.

0:01.7

Five questions, five minutes a day, five days a week.

0:04.3

Take the quiz every weekday at the quiz dot fox and then listen to the quiz

0:08.5

podcast to find out how you did.

0:10.2

Clay, share, and of course listen to the quiz at the quiz.

0:13.7

I'm Kennedy.

0:15.4

I'm Bill Hemmer.

0:16.2

I'm Sandra Smith and this is the Fox News rundown.

0:19.6

Friday, August 13th, 2021. I'm Trey Yanks. Today marks one year since the Abram Accords were signed.

0:30.0

Once you can regularize the relationship, once you can see the other side as individuals, really as ordinary people,

0:35.6

it's much more likely the peace will emerge and that people will begin to trust and be able to get along and coexist in a way that's very different from what happened in the past.

0:45.6

This is the Fox News rundown, evening addition.

0:48.8

A year after a historic peace deal was signed between Israel, the UAE and Bahrain.

0:58.0

Business between the three countries is ongoing.

1:01.0

From trade to travel to venture capital, there's a new era of

1:04.8

cooperation happening in the Gulf. Since then other countries have signed on and

1:09.2

still the US looks to expand the agreement. You know it it's a seismic change from the perspective of the Israeli business community.

1:16.0

For more on this story, this is Dorian Barak, the co-founder of the UAE Israel Business Council.

1:22.0

For years and years, Israelis have wanted to trade in the Gulf, and I'm speaking purely from a business perspective here.

1:28.0

They've wanted to trade in the Gulf.

1:30.0

People have actually done it. I mean, I am, I've been active in UAE for the past 10 years

1:35.0

But there's been the seismic change since the agreements happen everything's come out into the open and

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