Page 215 - MOE ENGLISH PR REPORT - MAY 2025 ( Part 2)
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5/23/25, 4:08 PM US President's visit highlights robust UAE-US economic ties
for 4 percent 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.
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.
US President Donald Trump (centre) attends a breakfast with business leaders in Doha on Thursday.
AFP
For his part, Suhail Mohamed Al Mazrouei, Minister of Energy and Infrastructure, emphasised the
UAE’s role as a reliable energy partner and highlighted its position as one of the largest investors in
the US renewable energy sector. This, he said, stands as a model of successful cross-border
economic collaboration.
The minister noted that President Trump’s visit follows recent talks held during the visit of the US
Secretary of Energy Chris Wright to the UAE, where both sides explored avenues to enhance
cooperation in energy, AI, and efficiency, as well as new investment opportunities. These discussions
reflect the countries' shared commitment to energy transition, sustainability, and innovation.
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