On Monday, the Cabinet of the United Arab Emirates (UAE), headed by Sheikh Mohammed bin Rashid, approved a peace deal with Israel, dubbed as the Abraham Accords that aims to normalize ties between the two countries.
The agreement, which was brokered by the US, was signed in Washington by the UAE and Israel in August to normalize ties.
The cabinet's approval comes ahead of the first official visit by a UAE government delegation to Israel.
The cabinet expressed its confidence that the deal will help pave the way for peace and stability in the region as it strengthens bilateral relations.
It also added: "the Abraham Accord would be an avenue of peace and stability to support the ambitions of the region's people, and enhance efforts for prosperity and advancement, especially as it paves the way for deepening economic, culture and knowledge ties."
The UAE and fellow Gulf state Bahrain in September became the first Arab states in a quarter of a century to sign agreements to establish formal ties with Israel, forged largely through shared fears of Iran.
The two sides signed memoranda of understanding on economic cooperation at the summit, Sky News Arabia reported, airing footage of the signing.