Explanation:

Recently, US President announced that the United Arab Emirates (UAE) and Israel have agreed to establish full diplomatic relations as part of a new peace deal. UAE and Israel plan to exchange embassies and ambassadors and begin cooperation on a broad range of areas including tourism, education, healthcare, trade and security. Under the agreement, Israel would suspend its plans to annex parts of the West Bank. UAE will be the third Arab country to open relations with Israel, after Egypt and Jordan. The deal is a significant step towards building a more peaceful Middle East. Hence option 4th is correct.