UAE Ambassador: Kuwait's location enhances its investment appeal... 'Mubarak Al-Kabeer Port' as a model
Al Neyadi thanks representatives of his country’s companies for their ability to “overcome exceptional challenges”
13 billion dirhams in trade with Kuwait in the first quarter of 2026
Kuwait’s participation is essential for the workshop on October 7 in collaboration with the United Nations
UAE ports system contributed to the continuity of supply chains with countries in the region
The UAE Ambassador to Kuwait, Dr. Muttr Al Neyadi, affirmed the robustness of economic and trade relations between the two countries, revealing that the volume of bilateral trade reached approximately 55.5 billion dirhams in 2025, representing an 11.3 percent growth compared to 2024, while recording around 13 billion dirhams in the first quarter of 2026.
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He stressed that the Kuwaiti market is among the most important in the region, boasting promising investment opportunities supported by an ambitious economic vision and incentive-driven legislation, anticipating continued growth in bilateral trade and investments. This statement came during a meeting between the Ambassador and representatives of UAE companies operating in Kuwait. The embassy has organized this meeting twice a year for approximately four years to maintain communication with these companies, learn about their projects and plans, and understand the challenges they face. Al Neyadi affirmed the embassy’s commitment to supporting UAE companies and coordinating with relevant authorities to facilitate their operations, commending their continued presence in the Kuwaiti market despite the exceptional circumstances and challenges the region has witnessed.
Trade and Supply Chains
He clarified that non-oil trade maintained its momentum, with UAE imports from Kuwait rising by 17 percent in 2025, while re-exports recorded a 3 percent growth, anticipating continued trade expansion in the coming period. He addressed the disruptions in navigation in the Strait of Hormuz during the war, citing Iranian attacks on freedom of navigation and violations of transit provisions under international law, and their subsequent impact on shipping and maritime transport. He affirmed that the UAE’s ports system contributed to the continuity of shipping operations to ports in regional countries, supporting supply chains and maintaining import and export flows.
Promising Opportunities
The UAE Ambassador stated that the Kuwaiti market is witnessing growth and economic transformation, providing promising investment opportunities in industry, logistics, energy, artificial intelligence, food, construction, the financial and banking sectors, tourism and hospitality, shipbuilding, shipping, transport, and storage. He expressed his hope to enhance the presence and partnerships of UAE companies in Kuwait, noting the participation of new companies in the meeting and anticipating that more will enter the market in the near future. He affirmed that the meeting serves as a continuous communication channel to address challenges, share success stories, and discuss expansion plans, encouraging UAE companies to increase their investments in Kuwait.
Mutual Investments
Dr. Al Neyadi pointed out that Kuwaiti investments in the UAE are longstanding and substantial, beginning in real estate before expanding into banking, infrastructure, digital, and technology sectors. He noted that the UAE market is open to Kuwaiti companies, allowing them access to global markets and benefiting from the economic partnership agreements the UAE has signed with approximately 37 markets, which offer incentives and opportunities for growth and expansion. He stated that companies and institutions participating in the meeting, including First Abu Dhabi Bank, presented future opportunities and projects, highlighting that new legislation in Kuwait supports the creation of an attractive investment environment.
New Sectors
Dr. Al-Nuaimi clarified that the Supreme Joint Committee, which held its meeting in Kuwait on January 6, is keen on encouraging the private sectors of both countries to invest and cooperate, particularly in infrastructure, logistics, artificial intelligence, and health. He added that several projects require joint investments, affirming that the Kuwaiti and Emirati private sectors possess the ambition to support economic and commercial growth and realize the aspirations of the leaderships of both countries.
Strategic Location
He emphasized that Kuwait’s strategic location and its proximity to several markets enhance its commercial and investment attractiveness, noting that offers presented by Aramex and Al Futtaim demonstrated an interest in injecting more investments and expanding into the Kuwaiti market. He stated that this interest aligns with the Kuwaiti government’s initiatives to establish the Mubarak Al-Kabeer Port, expressing his wishes for Kuwait’s success in implementing its economic and developmental projects.
Water Conference
Regarding the UN Water Conference, to which an invitation was extended to the Emir of Kuwait, Dr. Al-Nuaimi explained that it will be held for the first time in the region in partnership between the UAE and Senegal in December next year. He noted that the UAE has been working since 2023 to elevate the water file to the forefront of international priorities. He revealed that the embassy will organize a workshop on October 7 next year in collaboration with the United Nations, the Senegalese embassy, the Kuwait Foundation for the Advancement of Sciences, and the Ministry of Electricity, Water and Renewable Energy, emphasizing the importance of Kuwaiti participation in the workshop and the conference given the global nature of water challenges.
He added that the UAE is betting on modern technologies to mitigate water scarcity and find sustainable solutions, particularly in areas suffering from desertification and rainfall shortages that do not border the seas.
