Page 262 - MOE ENGLISH PR REPORT - MAY 2025 (Part 1)_Neat

5/30/25, 4:39 PM HE Al Zeyoudi welcomes EU Trade Commissioner Maroš Šefčovič to the UAE for CEPA Talks - Middle East Business News and Inf…
During the investment roundtable, representatives from the UAE and the European private
sectors, engaged in discussions to identify mutual investment opportunities that can drive

innovation and sustainable economic development. FDI flows between the UAE and EU are
strong and robust, with recent partnerships in data centers in Italy, solar plants in Spain, and

neighbourhood redevelopment in Budapest. A UAE-EU CEPA has the potential to unlock further
opportunities, including a US$50 billion AI data center deal with France and a US$40 billion

commitment in Italy’s energy and defense sectors.

The CEPA program is a key pillar of the UAE’s foreign trade agenda, reflecting the nation’s
commitment to open, rules-based trade to drive economic growth and diversify its economy. By
enhancing access to global markets and establishing stronger trade and investment flows with

partners around the world, the CEPA program has contributed to a record non-oil trade of
US$816 billion in 2024, marking a 14.6% increase over 2023.

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