Page 265 - MOE ENGLISH PR REPORT - MAY 2025 (Part 1)_Neat

5/30/25, 4:40 PM UAE and EU look to boost $68bn trade relations with CEPA deal - Arabian Business: Latest News on the Middle East, Real Estate, …
innovation and sustainable economic development.

FDI flows between the UAE and EU are strong and robust, with recent partnerships in data
centres in Italy, solar plants in Spain, and neighbourhood redevelopment in Budapest.

A UAE-EU CEPA has the potential to unlock further opportunities, including:

A $50bn AI data centre deal with France

A $40bn commitment in Italy’s energy and defence sectors.

The CEPA programme is a key pillar of the United Arab Emirates’ 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 programme has contributed to a record

non-oil trade of $816bn in 2024, marking a 14.6 per cent increase over 2023.

https://www.arabianbusiness.com/politics-economics/uae-and-eu-look-to-boost-68bn-trade-relations-with-cepa-deal 3/3