The inaugural ‘UAE-Kuwait Week’ is set to kick off in Dubai from February 3-4, 2025, aimed to strengthening economic and trade ties between the two nations and unlock new opportunities for collaboration across priority sectors.
Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, the event will serve as a thriving platform for businesses, policymakers, and industry leaders to share valuable insights, explore investments, and enhance bilateral trade relations.
Organized by the UAE Ministry of Economy and Dubai Chambers, in collaboration with the Kuwaiti Consulate General and Dubai Culture & Arts Authority, the two-day event will feature conferences and panel discussions with a focus on exploring investment potential across key sectors, including energy, renewable energy, healthcare, logistics, and tourism, to drive economic development.
Dr. Thani Al Zeyoudi, Minister of State for Foreign Trade, stated that, “The UAE and Kuwait share a deep-rooted relationship, driven by our leadership’s shared vision for sustainable growth and mutual prosperity. By engaging the private sector and promoting SME collaboration, we are fostering an ecosystem that encourages innovation, builds resilience, and delivers tangible economic benefits for both our nations. Through this joint effort, we reaffirm our commitment to nurturing opportunities that enhance our shared prosperity.”
The minister also highlighted the UAE and Kuwait’s mutual commitment to driving sustainable development and economic prosperity, as outlined in “We the UAE 2031” and “Kuwait Vision 2035”.
Abdul Aziz Abdulla Al Ghurair Chairman – Dubai Chambers
“The UAE-Kuwait Week represents a strategic opportunity to expand trade and investment flows, creating pathways for growth in sectors such as tourism, logistics, healthcare, and real estate. By fostering collaboration and sharing expertise, we can unlock promising opportunities that will contribute to sustainable economic progress for both nations. Dubai continues to provide Kuwaiti businesses with a gateway to regional and global markets, supported by advanced infrastructure, a pro-business environment, and a vibrant economy. Today, the Kuwaiti Business Council under Dubai Chambers’ umbrella actively supports the interests of Kuwaiti companies, whose numbers have risen to 775 registered members as of September 2024. This reflects the growing confidence of Kuwaiti businesses in Dubai’s status as a leading hub for trade and investment.”
Khalifa Al-Ajeel, Minister of Commerce and Industry in Kuwait, underscored the strong brotherly relations between the two nations, emphasizing “We the UAE 2031” and “Kuwait 2035”.
The inaugural event will also include success stories, highlighting the remarkable accomplishments of small and medium-sized enterprises (SMEs) and exploring pathways for collaboration in emerging industries. By sharing success stories, the program aims to stress the key role of SMEs as drivers of innovation and growth.
The UAE-Kuwait Week seeks to boost growth in trade for key goods, such as chemicals, metals, jewelry, and food products, aligning with the UAE’s We the UAE 2031 Vision and Kuwait’s Vision 2035.
In addition, the event will set a dedicated exhibition for SMEs, government entities, and major corporations to showcase their projects, share expertise, and foster innovative solutions.
Furthermore, the event will highlight significant investment flows between the UAE and Kuwait. The UAE maintains its position as Kuwait’s leading market for non-oil exports, accounting for 22 percent of Kuwait’s global exports, and the third most important Kuwaiti import market after China and the US.
On the other hand, In 2023, Kuwait emerged as the UAE’s 12th most important trading partner and third in the Gulf after Saudi Arabia and Oman. Kuwait is the 9th largest market for the UAE’s non-oil exports and the 6th largest for re-exports.
