UAE, Kuwait sign multiple agreements to boost cooperation

WAM

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.

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