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Home Economy UAE, U.S. Presidents optimistic about future of bilateral relations following $1.4 trillion deal

UAE, U.S. Presidents optimistic about future of bilateral relations following $1.4 trillion deal

Sheikh Mohamed and Trump noted the positive impact this development will have on the future of bilateral relations
UAE, U.S. Presidents optimistic about future of bilateral relations following $1.4 trillion deal
Sheikh Mohamed affirmed the UAE’s commitment to continuing to strengthen its cooperation with the U.S. in pursuit of their shared developmental objectives (Image: WAM)

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and U.S. President Donald Trump recently held a phone call to discuss ways to further strengthen the strategic ties between the two nations across various fields in support of shared interests.

The two presidents addressed the outcomes of the recent official visit to the United States by His Highness Sheikh Tahnoon bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi and National Security Adviser. which resulted in the announcement of key agreements and partnerships between the two countries.

During the visit, the UAE committed to a 10-year, $1.4 trillion investment framework in the U.S that will “substantially increase the UAE’s existing investments in the U.S. economy in AI infrastructure, semiconductors, energy, and American manufacturing”, the White House said. Commenting on this investment framework, Sheikh Mohamed and Trump noted the positive impact this development will have on the future of bilateral relations.

UAE, U.S. seek stronger strategic cooperation

The UAE and U.S. presidents also reviewed a number of regional and international issues of mutual concern, with a focus on the situation in the Middle East and maintaining regional stability.

Sheikh Mohamed also affirmed the UAE’s commitment to continuing to strengthen its cooperation with the U.S. in pursuit of their shared developmental objectives and in support of peace and prosperity in the region and the wider world. This commitment reflected the UAE’s steadfast approach to promoting collaboration and development at both the regional and global levels.

Both sides also underscored their determination to further bolster strategic cooperation between the two countries in a way that serves shared interests.

Notably, the UAE is one of the U.S.’s key regional and global partners. The two countries maintain strong economic and investment ties. Their bilateral trade volume (excluding oil) reached close to $40 billion, with merchandise trade rising by 9.47 percent to $34.43 billion in 2024, compared to $31.45 billion in 2023, according to the latest data from the U.S. Department of Commerce.

Read: UAE to invest $1.4 trillion in U.S. economy over 10 years, says White House

Investments in key growth sectors

During the UAE’s official visit to the U.S., Abu Dhabi–based MGX, BlackRock, Microsoft, and Global Infrastructure Partners (GIP) welcomed NVIDIA and xAI to the AI Infrastructure Partnership (AIP). In addition, ADQ, an Abu Dhabi-based sovereign investor, announced that it is investing over $25 billion to supply power to data centers in the U.S. in partnership with U.S. private equity firm Energy Capital Partners (ECP).

XRG, owned by the UAE’s ADNOC, announced its commitment to support U.S. natural gas production and exports with an investment in the Next Decade LNG export facility in Texas. Meanwhile, Emirates Global Aluminum announced that it plans to invest in the first new aluminum smelter in the U.S. in 35 years, which would nearly double U.S. domestic aluminum production.

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