Page 728 - MOE ENGLISH PR REPORT - JANUARY 2025

1/20/25, 3:20 PM UAE advances tech cooperation with key U.S. players at CES 2025
Total UAE investment in the U.S. already tops $35 billion, and officials from both countries are
working together to create additional opportunities for businesses and investors,” stated Al Zeyoudi.
Al Zeyoudi added that as the two countries continue to expand their partnerships in advanced
technology, they seek to foster innovation, create jobs and accelerate the adoption of next-
generation technologies.

Al Zeyoudi meets key C-suite executives
During the three-day visit, Al Zeyoudi also engaged with C-suite executives from leading tech
companies specializing in AI, health and automotive technologies, including major industry players,
including Accenture, Qualcomm, the Consumer Technology Association, Skylo and MGM Resorts
International.
Additionally, he participated in a panel discussion on current geopolitical trends and challenges,
providing a positive outlook on global trade and highlighting the UAE’s role in bridging markets
and facilitating seamless trade flows. He highlighted that, through its Comprehensive Economic
Partnership Agreement (CEPA) program, the UAE is actively expanding trade ties and fostering
greater connectivity with strategic global markets.
Read: UAE’s Hussain Sajwani to invest $20 billion in U.S. data centers, says Trump
UAE-U.S. trade ties grow
Notably, the U.S. is the UAE’s fourth-largest trading partner globally, accounting for 4.8 percent of
the UAE’s total non-oil trade. In the first nine months of 2024, bilateral non-oil trade reached $28.3
billion, marking a 46.2 percent growth compared to the same period in 2019.
The UAE is also the most important trading partner in the Arab World for the U.S., with bilateral
trade comprising 27 percent of America’s trade with the region.
In terms of investments, the UAE holds $35 billion in assets in the U.S., representing more than 50
percent of the total FDI from Arab countries in the U.S. at the end of 2023. Meanwhile, U.S.
investments in the UAE exceeded $5 billion by the end of 2022.

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