Page 298 - 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 : GoDubai.com
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 cooperation. It will focus on enhancing bilateral relations
and stimulating growth in vital sectors such as tourism, healthcare, energy, and financial services. The event

underscores the commitment of both nations to deepen cooperation, support the private sector, and promote
sustainable development.

Meanwhile, His Excellency 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.

Diverse Program to Drive Collaboration

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.

Cultural Activities

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.

Strengthening Bilateral Ties

Non-oil trade between the UAE and Kuwait exceeded $12.4 billion (AED 47 billion) in 2023, representing 4% annual
growth compared to 2022 and 19% 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% of Kuwait's global exports, and the third most important Kuwaiti
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