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1/31/25, 1:16 PM                        UAE-Kuwait Week To Launch In Dubai On February 3 | Pakistan Point

        UAE-Kuwait Week To Launch In Dubai On February 3


         7 days ago

        DUBAI, (Pakistan Point News - 24th Jan, 2025) 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.

        Abdulazis Al Ghurair, Chairman of Dubai Chambers, emphasised 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.”



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