UAE, Kuwait sign multiple agreements to boost cooperation

Wednesday, 4 June 2025 09:41

By ARN News Staff

The UAE and Kuwait have signed a comprehensive set of agreements aimed at deepening bilateral cooperation across sectors including AI, health, energy, education, defence and diplomacy.

The agreements were formalised at Kuwait’s Bayan Palace during the official visit of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court of the UAE.

In the defence sector, UAE’s EDGE Group signed a AED9 billion (US$2.45 billion) contract with Kuwait’s Ministry of Defence for the acquisition of “Falaj 3” class missile boats. It represents the largest naval shipbuilding export in the region and ranks among the most valuable naval exports globally.

Additionally, Kuwait Real Estate Company, through its subsidiary IFA Hotels and Resorts, signed a AED198 million contract with UAE-based Darwish Engineering to execute infrastructure works for the Al Tay Hills residential project in Sharjah.

Another agreement saw Kuwait Investment Authority joining the Artificial Intelligence Infrastructure Partnership along with MGX, BlackRock, Global Infrastructure Partners, and Microsoft, to boost AI infrastructure investment.

The newly signed Memoranda of Understanding (MoUs) also cover health, diplomacy, road and land transport infrastructure, social development, advanced technology, education, oil and gas, energy and investment.

Several MoUs also address cooperation in combating human trafficking, legal cooperation, data protection and information exchange in joint security initiatives.

These agreements reflect a shared commitment to expanding bilateral relations and fostering sustainable economic and technological development in both countries.

More from Business

H.H. Sheikh Mohammed emphasises UAE's role as global hub for trade

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has visited the 31st edition of Gulfood, the world’s leading food and beverage sourcing event, marking the largest edition in its history.
Ajman to set up rental dispute resolution centre

A new Rental Dispute Resolution Centre will be established in Ajman to streamline the handling of landlord-tenant disputes and strengthen stability in the real estate sector.
H.H. Sheikh Hamdan witnesses expansion agreement for Hewi Dubai

H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, witnessed the signing of a partnership agreement between Dubai Municipality, the General Construction Company and Binghatti, to develop Hewi Al Barsha and Hewi Muhaisnah.
India to slash tariffs on cars to 40% in trade deal with EU

India plans to slash tariffs on cars imported from the European Union to 40 per cent from as high as 110 per cent, sources said, in the biggest opening yet of the country's vast market as the two sides close in on a free trade pact that could come as early as Tuesday.