Page 211 - MOE ENGLISH PR REPORT - MAY 2025 ( Part 2)

5/23/25, 4:08 PM Trump’s Abu Dhabi visit highlights robust UAE-US economic ties

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Strong corporate presence

The economic ties between the two nations are demonstrably strong. As Al Marri pointed out, the total number of American companies operating in the
UAE markets has reached nearly 13,000, with over 66,000 US trademarks present in the country by the end of 2024. Simultaneously, more than 115
Emirati companies operate in the US across diverse sectors, including healthcare, e-commerce, tourism, aviation, hospitality, technology, and artificial
intelligence.

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Highlighting the trade aspect, Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, noted the importance of the US as a key trade
partner, highlighting the ongoing efforts to elevate the partnership to new heights of growth and prosperity.

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"The US is a close partner and friend to the UAE, and we look forward to further strengthening our bilateral trade relations and ensuring that our shared
path of prosperity continues by promoting the smooth flow of goods, services, and capital necessary to stimulate shared economic growth," he stated.

Surging trade volume

Al Zeyoudi further emphasised the significant trade volume between the two countries, noting that the US remains the UAE’s largest trading partner
outside Asia and its sixth-largest globally, accounting for 4 per cent of the UAE's total non-oil trade, which reached $32.8 billion in 2024.

This robust trade relationship is expected to grow further as both nations actively seek to stimulate intra-regional trade and investment in sectors of
mutual interest, such as clean energy, sustainable industrial development, and advanced technology.

Booming tourism

The strong tourism ties also play a crucial role in this partnership. Minister Al Marri highlighted that UAE hotel establishments welcomed
approximately 980,200 American guests in 2024, marking a 5.4 percent increase compared to the previous year. The 112 weekly flights between the
two countries further underscore the growing tourism activities and connections.

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