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The Belorussian has been waiting for the two clubs to agree a deal after he agreed personal terms and he will now fly to the Catalan capital to undergo a medical and sign for the Blaugrana.
Joan Laporta scraped through a vote of no confidence at the weekend and that has allowed his board to continue with business as usual and Hleb represents the first piece of business to be done since that fans' vote.
Arsenal recognised that they were not going to be able to hold on to the former VfB Stuttgart playmaker and it was just a matter of time before he left the club this summer.
The 27-year-old is Barça's fifth new signing of the summer and their second midfield acquisition after the arrival of Seydou Keita from Sevilla last month.
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