Page 280 - MOE ENGLISH PR REPORT - JANUARY 2025

to deepen cooperation, support the private sector, and promote sustainable development.

Meanwhile, Khaled Al Zaabi, Consul-General of the State of Kuwait to the United Arab Emirates,
praised the deep fraternal ties between the State of Kuwait and the United Arab Emirates,
highlighting the strong bond between their leaderships. These ties have fostered broad relations
across many sectors including economic, cultural, and tourism, leading to accelerated growth and
significant expansion of strategic partnerships which support both nations’ sustainable
development goals.

The two-day event will feature a comprehensive agenda designed to drive cooperation and unlock
new opportunities for growth. Conferences and panel discussions will focus on unlocking
investment potential across key sectors, including energy, renewable energy, healthcare, logistics,
and tourism. These sessions aim to bring together experts, investors, and policymakers to share
insights and explore actionable strategies for economic development.

Business-to-business meetings will play a central role in facilitating dialogue and fostering
partnerships between government and private sector representatives. These engagements will
provide a platform for identifying opportunities, addressing challenges, and expanding
collaboration in strategic areas.

The event will also showcase success stories, highlighting the achievements of small and medium-
sized enterprises (SMEs) and exploring pathways for collaboration in emerging industries. By
sharing these success narratives, the program will underline the critical role of SMEs as drivers of
innovation and growth.

The UAE-Kuwait Week is expected to open new avenues for bilateral cooperation in sectors such as
renewable energy, logistics, healthcare, and financial services. It also aims to stimulate growth in
trade for key goods, including chemicals, metals, jewelry, and food products, aligning with the
UAE’s We the UAE 2031 Vision and Kuwait’s Vision 2035.

In addition, a dedicated exhibition will provide SMEs, government entities, and major corporations
with an opportunity to showcase their projects, exchange expertise, and promote innovative
solutions. Complementing the business agenda, the exhibition will celebrate the rich cultural
heritage of both nations through traditional performances, artisan displays, and interactive cultural
experiences.

Non-oil trade between the UAE and Kuwait exceeded $12.4 billion (Dh 47 billion) in 2023,
representing 4 per cent annual growth compared to 2022 and 19 per cent compared to 2021. Non-
oil trade is expected to exceed $13 billion in 2024. The event will also highlight significant
investment flows between the two nations. The UAE remains Kuwait’s top global destination for
non-oil exports, accounting for 22 percent of Kuwait’s global exports, and the third most important
Kuwaiti import market after China and the United States. On the other hand, Kuwait ranked as the
UAE’s 12th most important trading partner during 2023 and third in the Gulf after Saudi Arabia and
Oman, it ranks 9th in non-oil UAE exports and 6th in re-exports.

https://en.aletihad.ae/news/uae/4546660/uae-kuwait-week-to-launch-in-dubai-on-february-3