ABU DHABI — The Cabinet of the United Arab Emirates on Monday approved the Israeli peace deal formally known as the Abraham Accords to normalize ties between the two countries. The Cabinet chaired by UAE Prime Minister and Vice Preside Sheikh Mohammed bin Rashid Al Maktoum, who is also the ruler of Dubai, expressed its confidence that the deal will help pave the way for peace and stability in the region as it strengthens bilateral relations "The Council of Ministers headed by Mohammed bin Rashid adopts a resolution ratifying the Abraham Accords... and orders the initiation of constitutional procedures to issue a federal decree ratifying the agreement," the UAE government said in a statement carried by the state news agency WAM. "The Cabinet indicated that the agreement reflects the Emirati approach based on moderation and tolerance and giving priority to the culture of dialogue as an effective means of rapprochement and peace by consolidating the noble human principles and values, the foremost of which is understanding and coexistence," the statement read. "In essence, the agreement aims to provide space for the constructive cooperation to create more opportunities for growth and development and to face the existing challenges in the Middle East region in a way that guarantees the fulfillment of people's hopes for a decent life and a secure future," the statement added. Israel and the UAE had in August announced that they reached a US-brokered deal to normalize ties. Israel's parliament ratified the UAE deal last week. The UAE is only the third Arab states to normalize ties with Israel, following Israel's 1979 peace deal with Egypt and a 1994 pact with Jordan.
