Page 279 - MOE ENGLISH PR REPORT - MAY 2025 (Part 1)_Neat

5/30/25, 4:47 PM Dubai Chambers hosts roundtable to strengthen trade cooperation with EU
Union to the United Arab Emirates; Mohammad Ali Rashed Lootah, President and CEO of Dubai
Chambers; and Leon Delvaux, Director at the Directorate-General for Trade and Economic Security,
together with representatives from Dubai and the European private sectors.

Dr. Thani Al Zeyoudi commented, “The European Union is one of the main pillars of the global economy

and our second-most important trade partner. As we accelerate efforts to bring our markets closer
together, it is important we build the platforms for our private sectors to identify and explore areas for
collaboration, particularly in sectors that align with our economic diversification objectives. The EU-UAE
Investment Roundtable is an important opportunity for business leaders from across all industries to

build the relationships that can drive trade and investment to even greater heights.”

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Sultan Bin Saeed Al Mansoori stated, “Dubai and the European Union share deep-rooted economic ties
built on common interests, mutual aspirations, and a joint commitment to developing a diversified and

sustainable economy. Today’s roundtable is designed to advance collaboration in high-potential sectors
and identify new avenues for growth. We are committed to supporting European companies and
enabling them to expand and thrive while leveraging Dubai as a strategic hub to access new
opportunities across local and regional markets.”

The roundtable highlighted the growing economic relations between Dubai and the EU. The total value

of non-oil trade between Dubai and EU member states reached AED 206 billion in 2024, representing
year-on-year growth of 8%.

In a further indication of Dubai’s growing appeal as a leading business hub for European investors, the
emirate attracted 380 foreign direct investment (FDI) projects from EU countries last year, with a total

value of AED11.3 billion. This represents a 6.7% year-on-year increase in the number of projects and a
remarkable 106% rise in the total value of investment projects.

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