Page 293 - 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 - Middle East Business News an…
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 actively

supports the interests of Kuwaiti companies, whose numbers have risen to 775 registered
members as of September 2024. This reflects the growing confidence of Kuwaiti businesses in
Dubai’s status as a leading hub for trade and investment.”

His Excellency Khalifa Al-Ajeel, Minister of Commerce and Industry in Kuwait, emphasized the

strong brotherly relations between Kuwait and the UAE, highlighting the “We the UAE 2031”
and “Kuwait 2035” guiding visions that target sustainable development and the enhancement

of economic prosperity across the region.

Looking ahead to the “UAE-Kuwait Week” in Dubai on February 3-4, Al-Ajeel stated that the
event aims to explore new investment opportunities and strengthen joint economic

https://mid-east.info/uae-kuwait-week-to-launch-next-february-in-dubai-under-the-auspices-of-mohammed-bin-rashid/ 5/7