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1/20/25, 3:21 PM UAE advances tech cooperation with US partners at CES 2025 - Dubai Eye 103.8 - News, Talk & Sports
investment in the US already tops $35 billion, and officials from both countries are working together to create
additional opportunities for businesses and investors. As we expand our partnerships in advanced technology, we
aim to foster innovation, create jobs, and accelerate the adoption of next-generation technologies.”
Additionally, 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. He highlighted that, through its Comprehensive Economic Partnership Agreement (CEPA) programme, the
UAE is actively expanding trade ties and fostering greater connectivity with strategic global markets.
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 per cent 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 per cent growth
compared to the same period in 2019.
The UAE is the Unites States most important trading partner in the Arab World, with bilateral trade comprising 27 of
US trade with the region.
In terms of investments, the UAE holds $35 billion in FDI assets in the US, representing more than 50 per cent of the
total FDI from Arab countries in the US at the end of 2023. US investments in the UAE exceeded $5 billion by the
end of 2022.
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