With the start of UAE-Kuwait Week, the two GCC nations are aiming to enhance economic and cultural cooperation. The two-day event in Dubai gathers ministers, senior officials, and key business leaders from both countries to explore avenues for further collaboration.
Central to discussions is the rising volume of non-oil trade between the UAE and Kuwait, which reached $13.6bn in 2024, a 9% increase from 2023. Beyond trade, mutual investments between the UAE and Kuwait have also been on an upward trajectory, totalling $5.44bn by the end of 2022.
The goals of the meeting are aligned with the We the UAE 2031 and Kuwait 2035 development strategies both seeking to increase sustainable growth and economic diversification and resilience.
Gulf Economist Staff Writer