Page 285 - MOE ENGLISH PR REPORT - JANUARY 2025

1/31/25, 1:13 PM UAE-Kuwait Week To Launch Next February In Dubai Under The Auspices Of Mohammed Bin Rashid
HE Dr. Thani Al Zeyoudi, UAE 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“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 emphasized 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.”

HE 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 ($ 12.4 billion), an annual growth of 7.2%

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 $4

billion.

HE Abdulaziz Al Ghurair, Chairman of Dubai Chambers, emphasized the role of UAE-Kuwait

Week in driving bilateral economic ties to new heights:
“The UAE-Kuwait Week represents a strategic opportunity to expand trade and investment

flows, creating pathways for growth in sectors such as tourism, logistics, healthcare, and real

estate. By fostering collaboration and sharing expertise, we can unlock promising

opportunities that will contribute to sustainable economic progress for both nations.”

He added:“Dubai continues to provide Kuwaiti businesses with a gateway to regional and

global markets, supported by advanced infrastructure, a pro-business environment, and a
vibrant economy. Today, the Kuwaiti Business Council under Dubai Chambers' umbrella

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