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

His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, recently spoke by telephone with US President Donald Trump, where they discussed ways to further strengthen the strategic relations between the two countries in various fields to support common interests. This call aimed to consolidate the long-standing friendly cooperation between the two countries and lay the foundation for future development directions.

The two presidents discussed the results of the recent official visit to the United States by His Highness Sheikh Tahnoun bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi and National Security Advisor. This visit led to the announcement of a series of important agreements and partnerships between the two countries, signaling a new stage in bilateral cooperation.

The White House stated that during the visit, the UAE pledged a 10-year, $1.4 trillion investment framework in the United States, which will "significantly increase the UAE's existing investments in the US economy, particularly in artificial intelligence infrastructure, semiconductors, energy, and US manufacturing." Sheikh Mohamed and President Trump both noted that this investment framework will have a positive impact on the future of bilateral relations, bringing more development opportunities to both countries.

The UAE and US presidents also reviewed a range of regional and international issues of common concern, focusing on the situation in the Middle East and maintaining regional stability. Both sides emphasized the importance of maintaining regional peace and security and exchanged views on related issues.

Sheikh Mohamed also affirmed the UAE's commitment to continuing to strengthen cooperation with the United States to achieve common development goals and support peace and prosperity in the region and the wider world. This commitment reflects the UAE's firm approach to promoting cooperation and development at the regional and global levels. Both sides emphasized their determination to further strengthen strategic cooperation between the two countries to serve common interests.

It is worth noting that the UAE is one of the United States' important regional and global partners. The two countries maintain strong economic and investment ties. According to the latest data from the US Department of Commerce, bilateral trade between the two countries (excluding oil) is close to $40 billion, with merchandise trade increasing by 9.47%, from $31.45 billion in 2023 to $34.43 billion in 2024.

During the official visit of the UAE to the United States, MGX, BlackRock, Microsoft, and Global Infrastructure Partners (GIP), headquartered in Abu Dhabi, welcomed Nvidia and xAI to join the Artificial Intelligence Infrastructure Partnership (AIP). In addition, ADQ, an Abu Dhabi-based sovereign investor, announced that it would invest more than $25 billion in partnership with US private equity firm Energy Capital Partners (ECP) to power data centers in the United States.

XRG, a subsidiary of the Abu Dhabi National Oil Company (ADNOC), announced its commitment to support US natural gas production and exports by investing in the Next Decade LNG export facility in Texas. At the same time, Emirates Global Aluminum announced plans to invest in building the first new aluminum smelter in the United States in 35 years, which will nearly double the country's domestic aluminum production. These investment initiatives further demonstrate the close cooperation between the two countries in the energy and manufacturing sectors.