Page 175 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 2)

4/18/25, 11:28 AM UAE, Ireland Sign MoU To Enhance Economic, Technical Cooperation, Establishment Of Joint Economic Commission - UrduPoint
direct investment in strategic sectors. With over 1,000 Irish trademarks registered

in the UAE, including notable companies like Stripe and Kentech Group, there is a

clear indication of growing economic ties. Previous collaborations, such as the
MoU between Dubai’s Roads and Transport Authority (RTA)

and Enterprise Ireland, highlight the importance and mutual benefit of increased

trade and connectivity.

The establishment of the Joint Economic Committee will serve as a vital

institutional framework for enhancing economic dialogue and cooperation,

enabling both countries to develop programs and initiatives that further strengthen

their partnership and promote sustainable economic growth. With non-oil trade

between the UAE and Ireland reaching US$1.1 billion in 2024
up from US$694 million in 2019, this collaboration aims to elevate trade

exchanges to new heights that reflect the many opportunities of mutual benefit

available in both countries.

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