Abu dhabi: The United Arab Emirates and the Republic of Mozambique have undertaken a thorough review of potential avenues for expanding their economic collaboration. This initiative was part of the UAE-Mozambique Business Roundtable held in Abu Dhabi, coinciding with Abu Dhabi Sustainability Week. The event was attended by Mozambique's President, Daniel Chapo.
According to Emirates News Agency, the UAE delegation, spearheaded by Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, included key figures such as Younis Haji Al Khoori, Undersecretary of the Ministry of Finance, and Mansour Mohammed Ali Al Juwaied, UAE Ambassador to Mozambique. The Mozambican representation was led by Basilio Muhate, Minister of Economy, and Joo Matlombe, Minister of Transport and Communications, along with representatives from major economic sectors.
Dr. Al Zeyoudi welcomed President Chapo and his delegation, noting that the roundtable served as a crucial platform for aligning mutual interests and exploring additional areas for economic collaboration. He highlighted the UAE's appreciation for Mozambique's efforts in strengthening bilateral relations. The sustained growth in non-oil trade was a focal point, with bilateral trade reaching approximately $1.7 billion in the first nine months of 2025, marking a 57.8 percent increase year-on-year and surpassing the total recorded for 2024 by over $300 million.
Dr. Al Zeyoudi emphasized the momentum in mutual investment expansion, with the UAE supporting Mozambique's natural gas sector and aiding its energy transition through the development of solar power facilities. He also pointed out cooperation efforts in boosting agricultural production and expanding Maputo Port, which aims to enhance Mozambique's connectivity to global supply chains and its exporters' access to international markets.
He further noted the significant untapped potential for cooperation, acknowledging Mozambique as a high-potential, resource-rich economy that aligns with the UAE's investment priorities. Additionally, the UAE's global connectivity offers Mozambique a vital bridge to international markets.
The roundtable examined investment opportunities across strategic sectors, including trade, finance, transport and ports, energy, artificial intelligence, and agricultural production. These discussions reflect the depth of the partnership and a shared commitment to sustainable economic growth. Both countries lauded the growing momentum in bilateral relations, emphasizing the strength of economic ties and the expanding scope of mutual investment.