Page 743 - MOE ENGLISH PR REPORT - JANUARY 2025

1/20/25, 3:21 PM UAE advances tech cooperation with US partners at CES 2025 – UAE Business and Travel Insights – TotalUAE.com
During the three-day visit, he 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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