UAE, US explore means to advance trade, investment ties
- 2025-09-24 04:27:50

Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade of the United Arab Emirates (UAE), participated in a UAE-US Business Council roundtable meeting and a US Chamber of Commerce roundtable session in New York.
Minister Al Zeyoudi emphasised the significant potential to further strengthen the existing economic ties between the two nations through enhanced trade, investment, and collaboration in key areas of mutual interest, according to the Emirates News Agency (WAM).
He highlighted the continued growth of UAE-US trade, noting that the United States is the UAE's sixth-largest trading partner globally. In 2024, bilateral non-oil trade reached US$38 billion, reflecting a substantial growth of 44.5% over the past five years. This positive momentum has continued into 2025, with the first half of the year seeing bilateral non-oil trade amounting to US$19.3 billion.
At the UAE-US Business Council meeting, Al Zeyoudi noted several ongoing collaborations that exemplify the robust partnership between UAE and US businesses. In the clean energy sector, the partnership between ADQ and Energy Capital Partners has resulted in a significant $25 billion joint venture aimed at investing in US energy production.
Furthermore, Emirates Global Aluminium has invested $4 billion to construct the first new aluminium smelter in the US in 45 years, a move that will create thousands of American jobs and bolster the production of semiconductors and electric vehicles.