Page 739 - MOE ENGLISH PR REPORT - JANUARY 2025

1/20/25, 3:21 PM UAE advances tech cooperation with US partners at CES 2025 - Middle East Business News and Information - mid-east.info

Additionally, HE Al Zeyoudi 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. His Excellency 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.

During the three-day visit, His Excellency 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 ®.

The US is the UAE’s fourth-largest trading partner globally, accounting for 4.8% of the UAE’s
total non-oil trade. In the first nine months of 2024, bilateral non-oil trade reached US$28.3
billion, marking a 46.2% growth compared to the same period in 2019. The UAE is the US’

most important trading partner in the Arab World, with bilateral trade comprising 27% of the
US’ trade with the region. In terms of investments, the UAE holds FDI US$35 billion in assets in

the US, representing more than 50% of the total FDI from Arab countries in the US at the end
of 2023. US investments in the UAE exceeded US$5 billion by the end of 2022.

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