Page 275 - MOE ENGLISH PR REPORT - JANUARY 2025

UAE-Kuwait Week to launch in Dubai on February 3

• Friday, January 24, 2025 9:09 PM

• 5 minutes Reading

• A+

DUBAI, 24th January, 2025 (WAM) -- Under the patronage of His Highness Sheikh Mohammed bin
Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, the inaugural UAE-Kuwait
Week will take place in Dubai from February 3-4, 2025.

The event aims to bolster strategic economic and trade ties between the two nations and identify
new opportunities for collaboration across priority sectors.

Jointly organised by the UAE Ministry of Economy and Dubai Chambers, in collaboration with the
Kuwaiti Consulate General and Dubai Culture & Arts Authority, the event will act as a dynamic
platform for businesses, policymakers, and industry leaders to exchange insights, explore
investments, and strengthen bilateral trade relations.

Dr. Thani Al Zeyoudi, Minister of State for Foreign Trade, underscored the significance of the UAE-
Kuwait Week as a key milestone in advancing bilateral economic cooperation and fostering
strategic partnerships.

He said, “The UAE and Kuwait share a deep-rooted relationship, driven by our leadership’s shared
vision for sustainable growth and mutual prosperity. This event serves as a vital platform to identify
opportunities, foster partnerships, and unlock the potential of key sectors such that are central to
both our economies. Whether in energy, logistics, food security, or advanced industries, we aim to
create synergies that will empower businesses and set the foundation for long-term economic
growth.”

He further emphasised the role of the private sector in driving innovation and sustainable
development, highlighting the importance of small and medium enterprises (SMEs) as the
backbone of economic diversification.

“By engaging the private sector and promoting SME collaboration, we are fostering an ecosystem
that encourages innovation, builds resilience, and delivers tangible economic benefits for both our
nations. Through this joint effort, we reaffirm our commitment to nurturing opportunities that
enhance our shared prosperity.”

Al Zeyoudi highlighted the shared vision for the future between the two brotherly nations and noted
synergies between the "We the UAE 2031" and "Kuwait 2035" visions and their overarching aims to
achieve sustainable development and enhance economic prosperity right across the region. He
noted the value of non-oil trade between the UAE and Kuwait during the 11 months of 2024
amounted to AED 45.4 billion (US$ 12.4 billion), an annual growth of 7.2 percent compared to the
same period of 2023, according to preliminary figures, while the investments flowing from the State
of Kuwait to the UAE for the beginning of 2023 amounted to close to US$4 billion.

https://www.wam.ae/en/article/bhunn2g-uae-kuwait-week-launch-dubai-february