Kenya, UAE sign economic, customs and transport deals - Capital Business
Connect with us

Hi, what are you looking for?

Government

Kenya, UAE sign economic, customs and transport deals

NAIROBI, Kenya, May 9 – Kenya and the United Arab Emirates (UAE) have signed seven agreements aimed at deepening bilateral cooperation between the two nations.
This comes a few months after the two countries signed a Comprehensive Economic Partnership Agreement in Abu Dhabi, UAE, in January.
The signing of MoUs was witnessed by President William Ruto and His Highness Sheikh Abdullah Bin Zayed Al Nahyan, the UAE Deputy Prime Minister and Minister of Foreign Affairs of the UAE at State House Nairobi.
These agreements cover cooperation in military affairs, economic development, energy, transport, Customs, the establishment of a joint business council, and railway development.
In the energy sector, the agreement focuses on renewable energy, with plans to implement wind, solar, and geothermal projects, boost technical capacity, transfer technology, and accelerate the clean energy transition for greater access.
On transport, the MoU outlines a framework for cooperation in rail, aviation, and road transport, promoting joint projects, feasibility studies, investment opportunities, regulatory alignment, and enhanced infrastructure safety and innovation.
The MoU on Customs cooperation aims to improve the enforcement of laws, combat illicit trade, enhance information sharing, and streamline procedures, ultimately strengthening border control and protecting economic interests.
To bolster private sector ties, the two nations will establish a Kenya-UAE Joint Business Council to foster closer business relations, deepen trade and investment links, and provide joint recommendations to both governments.
Additionally, the Kenya Railways Corporation and Etihad Rail Company have formalised a partnership to advance Kenya’s railway sector, focusing on knowledge sharing, feasibility studies, testing new technologies, and exploring further areas of cooperation for industrial development.
The MoU on military cooperation commits both nations to collaborate under national laws and international obligations to boost national security, strengthen defence capacity, build institutional partnerships, and promote regional peace and stability.
Visited 20 times, 1 visit(s) today

More on Capital Business

Kenya

NAIROBI, Dec. 20 (Xinhua) — Chinese tech giant Huawei, in partnership with Kenya’s mobile service provider Safaricom, on Friday launched a program to provide...

Top Story

NAIROBI,Kenya,Dec 11– Fried chicken has emerged as Kenya’s most dominant craving in 2025, according to new data from Uber Eats that tracks what Kenyans...

Kenya

NAIROBI, Kenya, Nov 28 – Ethiopian electric vehicle (EV) manufacturer Tad Motors SEZ Ltd has begun local assembly of its EV models in Kenya....

Kenya

NAIROBI, Kenya, Nov 26 – Mars Wrigley has expanded its Athi River plant with a new sugar-free gum production line, marking a major shift...

Kenya

  Click here to connect with us on WhatsApp NAIROBI, Kenya, Nov 25 – Kenya’s widening fiscal vulnerabilities have become the most urgent threat...

Kenya

NAIROBI, Nov. 25 (Xinhua) — The World Bank on Monday lifted Kenya’s 2025 economic growth projection to 4.9 percent, an upward revision from 4.5...

Top Story

NAIROBI, Nov. 21 (Xinhua) — Chinese telecommunications company Huawei has unveiled a new smartwatch in the Kenyan capital Nairobi, targeting urban consumers seeking to...

Kenya

NAIROBI, Kenya, Nov 20 — President William Ruto has said the newly established National Infrastructure Fund will be central to financing Kenya’s next phase...