During his visit to the Gulf state, US President Donald Trump announced over $200 billion worth of deals with the United Arab Emirates, including major agreements in technology, aviation, energy, and artificial intelligence.
After Trump met with UAE President Sheikh Mohamed bin Zayed Al Nahyan, the White House said he announced deals including a $14.5 billion commitment from Etihad Airways to invest in 28 Boeing 787 and 777x aircraft powered by engines made by GE Aerospace.
The US Commerce Department said the two countries would also establish a US–UAE AI Acceleration Partnership framework.
Trump and Sheikh Mohamed attended the unveiling of a new 5gw AI campus, which would be the largest outside the United States.
Trump began his visit to the UAE as part of a tour of wealthy Gulf states, after earlier welcoming a $10 billion Qatari investment in a US military facility during a stop in Doha.
“I do not doubt that the relationship will only get bigger and better,” Trump said in a meeting with UAE President Sheikh Mohamed bin Zayed Al Nahyan.
“Your wonderful brother came to Washington a few weeks ago and he told us about your generous statement as to the 1.4 trillion,” Trump said, referring to a UAE pledge to invest $1.4 trillion in the US over 10 years.
Trump was referring to Sheikh Tahnoon bin Zayed Al Nahyan, Sheikh Mohamed’s brother and the UAE’s national security adviser, who also chairs two of Abu Dhabi’s sovereign wealth funds.
“It is so beautiful,” Trump told reporters inside the mosque, which he said had been closed for the day.
“First time they closed it. It’s in honour of the United States. Better than in honour of me. Let’s give it to the country. That’s a great tribute.”
$200 billion in new deals
A White House fact sheet stated Trump had secured $200 billion in new US–UAE deals and had accelerated the previously pledged $1.4 trillion.
It said Emirates Global Aluminium would invest in a $4 billion primary aluminium smelter project in Oklahoma, while ExxonMobil, Occidental Petroleum, and EOG Resources were partnering with the Abu Dhabi National Oil Company in expanded oil and natural gas production valued at $60 billion.
Sheikh Mohamed told Trump that the UAE was “keen to continue and strengthen this friendship for the benefit of the two countries and peoples,” adding, “Your presence here today, Your Excellency, the President, confirms that this keenness is mutual.”
