UAE and US to fast-track $1.4tn partnership: UAE Ambassador to the US
14 May 2025 09:39
ABU DHABI (ALETIHAD)Ambassador Yousef Al Otaiba, UAE Ambassador to the US, said that the UAE looks forward to welcoming President Trump to Abu Dhabi this Thursday. With lots of announcements to come, the UAE and US will be fast-tracking their $1.4 trillion strategic technology and investment partnership.In a post on "X," Al Otaiba added: "More deals mean more jobs and more economic growth in the US and the UAE."With a long track record of successful investment and trade, the UAE has a $1.4 trillion economic relationship with the US and wants to do more. This is a result of direct investments in US companies and significant purchases of products and services across key sectors such as aerospace, energy, manufacturing, technology, life sciences and healthcare.Notably, this mutually beneficial relationship serves all 50 US states and all the sectors that are creating American jobs and driving American innovation. The UAE is one of the US's fastest-growing economic partners. In 2024, trade between the US and the UAE totalled $34.4 billion, with US exports to the Emirates making up nearly $27 billion.
Strategic 10-year Investment FrameworkThe UAE is working with the Trump Administration to make a historic $1.4 trillion investment in the US over the next decade, fueling innovation in AI, clean energy, and advanced manufacturing, and creating new opportunities for American businesses and workers. This new investment builds on the existing $1 trillion economic relationship with the US and will increase total UAE investment to $2.4 trillion over the next ten years.
Statement from Amb. Al Otaiba on @POTUS' upcoming visit.The UAE is working with the Trump Admin to fast track a $1.4T technology & investment partnership.
This alliance will fuel growth, job creation and innovation in the US, UAE and beyond.https://t.co/fKgvtj88Nr pic.twitter.com/aW3sqZGOyX — UAE Embassy US (@UAEEmbassyUS) May 13, 2025
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