Latest news with #UAE-Kuwait
Kuwait Times
14-05-2025
- Business
- Kuwait Times
UAE, Kuwait strengthen economic ties as trade exchange hits $13.5bn
ABU DHABI: UAE Ambassador to Kuwait Dr Matar Al Neyadi affirmed on Tuesday that bilateral relations between the United Arab Emirates and Kuwait are witnessing steady growth across various sectors, with a particular focus on economic cooperation and private sector engagement. Speaking virtually at a symposium titled 'The Nature of Economic Relations between the UAE and Kuwait', held at the Emirates Center for Strategic Studies and Research (ECSSR) in Abu Dhabi, Dr Al Neyadi highlighted the strong momentum in economic collaboration within the broader framework of Gulf Cooperation Council (GCC) integration. Al Neyadi revealed that the volume of trade exchange between the two countries reached AED 49.7 billion ($13.53 billion) by the end of 2024, marking an 8.8 percent increase compared to 2023. He added that trade for the first quarter of 2025 stood at AED 10.2 billion ($2.78 billion), underscoring the resilience of economic ties. He noted that both nations enjoy a favorable investment climate that offers considerable opportunities for the private sector, semi-government entities, and small and medium-sized enterprises to expand cooperation and establish strategic partnerships. UAE Ambassador to Kuwait Dr Matar Al Neyadi address the audience.- KUNA photos The ambassador also praised the outcomes of the fourth and fifth sessions of the UAE-Kuwait Joint Higher Committee meetings, which identified priority sectors for collaboration. These include food security, healthcare, communications, information technology, artificial intelligence, defence industries, infrastructure, energy, and air and maritime transport. For his part, Dr Sultan Al Nuaimi, Director General of ECSSR, said the symposium comes at a pivotal time as the region seeks to deepen Gulf integration. He emphasized the need for continued dialogue and alignment of shared visions to build resilient, competitive, and sustainable economies amid evolving global economic challenges. Al Nuaimi noted the historical depth of UAE-Kuwait relations, describing them as a model of Gulf cooperation. He pointed out that bilateral trade has surged by approximately 75 percent over the past decade, with the UAE currently ranking as the third-largest investor in Kuwait. He further highlighted the alignment between the two nations' economic visions, especially their early commitment to diversifying income sources and fostering innovation across strategic sectors. This shared outlook, he said, paves the way for advanced partnerships in renewable energy, digital innovation, and knowledge-based industries. 'These synergies open wide horizons for joint initiatives and investment in sustainable development projects,' Al Nuaimi said. Relations between Kuwait and the UAE continue to be defined by mutual respect and strategic collaboration, particularly in non-oil sectors, which have shown consistent growth in recent years. With non-oil trade already surpassing $13.5 billion in 2024, expectations remain high for even stronger economic engagement in the months ahead. — KUNA
Sharjah 24
11-05-2025
- Politics
- Sharjah 24
Kuwait Emir receives Mansoor bin Mohammed
Strengthening UAE-Kuwait relations The Emir of Kuwait welcomed His Highness Sheikh Mansoor and his delegation at Bayan Palace, expressing appreciation for the leadership, government, and people of the UAE. He emphasised the strong fraternal bonds between the two nations and their peoples. Warm reception and diplomatic exchange Sheikh Mansoor expressed his pleasure at visiting Kuwait and extended his gratitude for the warm hospitality shown to him and his delegation. Conveying leadership greetings During the meeting, Sheikh Mansoor conveyed greetings from President His Highness Sheikh UAE delegation members in attendance Accompanying Sheikh Mansoor were Dr Ahmad Belhoul Al Falasi, Minister of Sport and Vice President of the UAE National Olympic Committee; Dr Matar Hamed Al Neyadi, UAE Ambassador to Kuwait; and Faris Mohammed Al Mutawa, Secretary-General of the UAE National Olympic Committee.
Sharjah 24
10-05-2025
- Business
- Sharjah 24
Abdulla Al Hamed leads UAE deleg. to Arab Media Forum in Kuwait
UAE recognised as Guest of Honour The UAE was selected as Guest of Honour for this year's edition, in recognition of its pioneering role in the Arab and global media landscape. The designation reflects the UAE's commitment to promoting responsible media practices and strengthening dialogue and cultural exchange. UAE-Kuwait ties highlighted in opening remarks In his address, Al Hamed praised the strong UAE-Kuwait relationship, noting the historic and growing media cooperation between the two nations. He conveyed greetings from UAE leadership and expressed appreciation for the efforts of the forum's organisers and participants. Media as a strategic development partner Al Hamed emphasised that the UAE views media as a crucial development partner—one that documents achievements and guides future direction. He affirmed the UAE's commitment to a modern media system rooted in Islamic and Arab values, while embracing innovation. Addressing the challenges of digital media Highlighting both the opportunities and dangers of social media, Al Hamed warned of the spread of misinformation and societal division. He called for a unified Arab legislative framework to ensure platforms are used responsibly, balancing freedom of expression with social protection. The need for a new Arab media discourse Al Hamed urged Arab media institutions to modernise their messaging and tools, focusing on quality, relevance, and authenticity. He called for a renewed media discourse that blends professionalism with core values and reinforces public trust. UAE media initiatives and the "Bridge" Summit Al Hamed detailed new UAE initiatives to elevate media standards, including the launch of the Global "Bridge" Summit. This summit aims to foster international media partnerships, promote innovation, and serve as a sustainable platform connecting East and West. Call for collaboration and participation He invited Arab media leaders to contribute their ideas to the Bridge Summit, reinforcing regional cooperation and strengthening the global presence of Arab media. Media as a force for positive change In his conclusion, Al Hamed described media as a powerful tool of influence in today's world—one that should serve as a bridge between cultures, a platform for truth, and a driver of sustainable development and unity. UAE pavilion showcases national media journey The UAE is participating with a dedicated pavilion that highlights its national media journey. Using hologram technology, the pavilion offers an immersive experience reflecting three key phases of UAE media: Phase One: The Voice of the Union This phase covers the early days of the UAE, when media served as a unifying voice, spreading messages of identity and belonging. Phase Two: Growth and global engagement The second phase reflects the UAE's integration of modern infrastructure with professional content, rooted in tolerance and openness. Phase Three: Future-focused media vision The final phase illustrates the UAE's ongoing evolution, marked by international collaboration, innovation, and readiness to face the digital future.
Al Etihad
10-05-2025
- Business
- Al Etihad
Abdulla Al Hamed leads UAE delegation to Arab Media Forum in Kuwait
10 May 2025 22:55 KUWAIT (WAM)Abdulla bin Mohammed bin Butti Al Hamed, Chairman of the National Media Office (NMO), and Chairman of the UAE Media Council (UAEMC), led the UAE delegation to the Arab Media Forum in the State of forum commenced on Sunday under the patronage of Prime Minister of Kuwait, Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah, and will continue until May 12 under the theme, 'Media Challenges in the Era of Technological Advancement and Digital Transformation'.The UAE is participating as the Guest of Honour at this year's edition of the event, in recognition of its pioneering position in the Arab media landscape, and its significant role in supporting and developing the media system at both regional and international levels. The recognition affirms the UAE's distinguished contributions to promoting professional and responsible media practices, and enhancing cultural dialogue and civilisational communication between the event, Abdulla Al Hamed said that the UAE-Kuwait relationship is a unique fraternal model that grows deeper with time, thanks to the wise leadership of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and Emir of Kuwait Sheikh Mishal Al-Ahmad Al-Jaber Hamed noted that this bond is flourishing day by day, moving steadily toward broader horizons of cooperation, particularly in the media sector, reflecting historical ties and the aspirations of the two nations' peoples for a brighter the beginning of his speech, Al Hamed conveyed greetings from the UAE's leadership, and deep appreciation to all forum participants for their constructive efforts in advancing the media mission, promoting awareness, and upholding values in the face of regional and global Hamed expressed sincere gratitude to Kuwait for selecting the UAE as the Guest of Honour, and praised the forum's success across previous sessions in strengthening cooperation among Arab media institutions. He also thanked Minister of Information and Culture and Minister of State for Youth Affairs of the State of Kuwait, Abdulrahman Al-Mutairi, and his distinguished team for organising a forum that brings together elite Arab media leaders and offers valuable opportunities for collaboration. Media as a bridge The NMO Chairman affirmed the UAE's solid belief that media is a vital partner in development and progress, serving as a mirror of achievements and a lens toward the future."The UAE commits to building a modern media system aligned with global advancements, delivering distinguished content that reflects its Islamic and Arab identity and noble humanitarian values, ensuring that media serves as a bridge connecting past, present, and future,' Al Hamed acknowledged the immense challenges facing media today, particularly with the rise of social media, "While these platforms offer unprecedented opportunities for human connection and knowledge sharing, they are also misused to spread division, hatred, misinformation, and societal disruption."Al Hamed called for the creation of a joint Arab legislative framework to prevent misuse of these platforms, promote social responsibility, and protect freedom of expression from distortion and Hamed highlighted that the Arab region is undergoing a critical phase marked by rapid change and complex challenges across sectors. One major challenge is the overwhelming openness of the digital space, which demands that media institutions reassess their tools and messaging strategies. The ability to persuade, he noted, now hinges more on the depth, authenticity, and relevance of content to audiences rather than sheer stressed the need for a renewed media discourse—one that combines professionalism and flexibility, balances openness to technology with the preservation of core values, and restores media's role as a trusted source and influencer of public Hamed also outlined the UAE's latest media initiatives aimed at enhancing media quality, upgrading standards, and building resilient media thought that keeps pace with change. These efforts, he noted, are backed by the unwavering support of UAE President His Highness Sheikh Mohamed bin Zayed, who places media at the core of the national development strategy as a tool for reinforcing identity, spreading knowledge, and promoting highlighted the launch of the Global Bridge Summit by the UAE, aimed at establishing international partnerships for an advanced media future built on knowledge, innovation, and shared human summit will serve as a sustainable platform connecting East and West, enhancing media integration, and aligning with digital transformations to shape a more responsible and impactful future for Hamed extended an open invitation to attend the summit, and contribute ideas on advancing Arab media and reinforcing its international presence. He emphasised that participants' insights will greatly enrich the summit, and help achieve its noble goals."The media is used today as the weapon of our time and a powerful tool for change and influence," Al Hamed said, calling for making it an "instrument of construction and development, a bridge for communication and dialogue among peoples and cultures, and a platform for truth that reflects our values and identity and contributes to building a better future for our nations and peoples."He concluded by stressing that rebuilding responsible media capable of engagement and competition is no longer optional—it is an urgent necessity."This requires unified Arab media visions, updated messaging, and a focus on supporting sustainable development and the interests of Arab nations," Al Hamed said. UAE Pavilion The UAE is participating in the 2025 Arab Media Forum with a dedicated pavilion showcasing its national media journey, from its ambitious beginnings to a flourishing present and a forward-looking future. The pavilion uses hologram technology to offer visitors an immersive experience of the UAE media milestones through a blend of storytelling and UAE pavilion showcases three key phases reflecting the trajectory of the national media. The first phase highlights its role as a mirror to the voice of the Union in its early days, conveying messages of unity, identity, and belonging at a time when resources were limited but ambition was second phase witnessed a significant evolution, integrating advanced infrastructure with professional content, underpinned by the values of tolerance and openness, positioning the UAE media as a pivotal player in the regional and global landscape. The final phase, representing the present day, illustrates the UAE's ongoing commitment to enhancing its media presence through an ambitious future-oriented vision. This vision calls for collaboration with various nations worldwide, and the exchange of expertise to keep pace with the rapid changes in media tools and methods, ensuring an effective response to contemporary challenges.
ARN News Center
25-02-2025
- Business
- ARN News Center
UAE joins Kuwait in celebrating 64th National Day
The UAE will join Kuwait in celebrating its 64th National Day on Tuesday, February 25, a reflection of the brotherly and strategic ties between the two nations and their people. Every year, the UAE marks this occasion with special events, including lighting up prominent landmarks with the Kuwaiti flag, displaying congratulatory banners and organising cultural and heritage celebrations. The UAE-Kuwait relationship continues to be a model of strength and integration, spanning politics, diplomacy, economics and culture, under the leadership of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Kuwaiti Emir Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah. The two nations share a long history of strong ties, with Kuwait being one of the first countries to establish diplomatic relations with the UAE after its formation in 1971. Both countries opened their embassies in each other's capitals in 1972. In recent years, they have taken further steps to enhance cooperation, including the 2006 agreement to establish the 'Joint Committee for Bilateral Cooperation', leading to numerous agreements across various sectors. On the economic front, UAE-Kuwait relations continue to grow. In 2024, non-oil bilateral trade reached around AED 50 billion, marking a 9% increase from the previous year. Mutual investments between the two nations approached AED 20 billion by the end of 2022. Cultural collaboration also remains a strong pillar of the relationship, with both nations exchanging knowledge and enhancing cooperation, while the number of Kuwaiti students in UAE universities exceeds 1,725, reflecting the growing educational ties. #UAE joins #Kuwait in celebrating 64th National Day. Marking the event, #UAE will host special events, including lighting up prominent landmarks with the #Kuwaitiflag. #WamNews — WAM English (@WAMNEWS_ENG) February 24, 2025
