→ 18 August 2020
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The Israel-UAE agreement, winners and losers edition | JTA

(L-R, rear) Senior Advisor Jared Kushner, US Secretary of the Treasury Steven Mnuchin and National Security Advisor Robert O’Brien clap for US President Donald Trump (L) after he announced an agreement between the United Arab Emirates and Israel to normalize diplomatic ties, the White House August 13, 2020, in Washington, DC. – Trump on Thursday made the surprise announcement of a peace agreement between Israel and the United Arab Emirates. The normalization of relations between the UAE and Israel is a “HUGE breakthrough” Trump tweeted, calling it a “Historic Peace Agreement between our two GREAT friends.” (Photo by Brendan Smialowski / AFP) (Photo by BRENDAN SMIALOWSKI/AFP via Getty Images)

The treaty between Israel and the United Arab Emirates is a big deal.

President Trump announces the Israel-UAE agreement with, from left to right, senior adviser Jared Kushner, Treasury Secretary Steven Mnuchin and National Security Adviser Robert O’Brien, Aug. 13, 2020. (Brendan Smialowski/AFP via Getty Images)

The UAE is a Muslim kingdom in the Persian Gulf made up of seven smaller entities, called emirates, with huge oil and natural gas reserves. Its metropolis, Dubai, is a wealthy city known as a commercial center for the region. The country borders Saudi Arabia and is only dozens of miles across the water from Iran. It has a tiny Jewish community.

It becomes only the third Arab nation to establish official ties with the Jewish state. In addition to trade, tourism and other exchanges, the treaty means the two countries can collaborate on treatment for the coronavirus and countering the influence of Iran, a shared nemesis.

That makes Iran a likely loser in this deal. The dealmakers are, of course, likely winners.

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Filed Under: Opinion Tagged With: Geo-Politics, Hamas, Iran, Israel, Middle East Conflict, Palestinian Authority

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