Share
Home Region United Arab Emirates UAE joins Kuwait in celebrating 64th National Day as bilateral trade reaches $13.6 billion

UAE joins Kuwait in celebrating 64th National Day as bilateral trade reaches $13.6 billion

The UAE imports 22 percent of Kuwait's non-oil exports, ranking third after China and U.S.
UAE joins Kuwait in celebrating 64th National Day as bilateral trade reaches $13.6 billion
The UAE and Kuwait have a strong historical connection, with Kuwait establishing diplomatic relations shortly after the UAE's formation in 1971. (Photo Credit: WAM)

The UAE will join Kuwait in celebrating its 64th National Day tomorrow, Tuesday, reflecting the deep brotherly and strategic ties that bind the leaderships and peoples of the two nations.

Special events to mark the occasion

Every year, the UAE hosts special events and displays to commemorate this significant occasion on 25th February, including illuminating prominent landmarks with the Kuwaiti flag, presenting congratulatory banners in shopping centers across the country, and organizing cultural and heritage celebrations.

The UAE-Kuwait relationship is a model of strength and integration, maturing across all sectors, including politics, diplomacy, economics, and culture.

This strategic partnership continues to thrive, bolstered by the leadership of President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Highness Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah, Emir of Kuwait.

A rich history of strong ties

The two countries share a rich history of strong ties, with Kuwait being among the first nations to establish diplomatic relations with the UAE following its formation in 1971. The UAE opened its embassy in Kuwait in 1972, and Kuwait opened its embassy in Abu Dhabi the same year.

In recent years, both countries have taken significant steps to enhance their bilateral ties, including signing an agreement in 2006 to establish the “Joint Committee for Bilateral Cooperation” in Kuwait. This committee has convened numerous meetings, resulting in the signing of various agreements across multiple sectors.

Read more: UAE, Kuwait strengthen bilateral ties with MoUs on standardization, infrastructure, and cybersecurity

Flourishing economic ties

On the economic front, bilateral relations continue to flourish. In 2024, non-oil bilateral trade between the UAE and Kuwait reached AED50 billion ($13.6 billion), growing by 9 percent compared to 2023. Meanwhile, mutual investments between the two nations approached AED20 billion ($5.4 billion) by the end of 2022.

The UAE is the largest importer of Kuwait’s non-oil exports, accounting for 22 percent of Kuwait’s total exports, while it ranks third in Kuwait’s key import markets after China and the United States.

uae kuwait

Cultural collaboration as a cornerstone

Cultural collaboration is another cornerstone of UAE-Kuwait ties. Both nations have signed multiple agreements in these fields to exchange knowledge and further strengthen collaboration for mutual benefit.

The number of Kuwaiti students in UAE universities has surpassed 1,725, with Kuwait’s decisions encouraging more students to study in the UAE, further enhancing educational cooperation.

Over the past 64 years, Kuwait has made significant strides in its development, directly benefiting the well-being of its citizens and residents by providing the latest services in health, education, communications, and other areas of development.

By diversifying its economy and national income sources, Kuwait has built a sustainable economy and strengthened its global competitiveness, as evidenced by its high rankings in international reports.

The stories on our website are intended for informational purposes only. Those with finance, investment, tax or legal content are not to be taken as financial advice or recommendation. Refer to our full disclaimer policy here.