President Donald Trump announced more than $200 billion in additional investment deals secured with the United Arab Emirates (UAE) on May 15 during his visit to Abu Dhabi, cementing the United States’ partnership with the Arabian Peninsula nation.
A previous agreement made in March with the country included a 10-year, $1.4 trillion investment framework targeting artificial intelligence infrastructure, semiconductors, energy, and manufacturing.
The new Abu Dhabi agreements span industries critical to U.S. economic and national security, including aerospace, aluminum, artificial intelligence, energy, and nuclear technology, among others.
A $60 billion oil and gas production expansion deal will contribute to lower energy costs, create skilled jobs in both nations, and reinforce U.S. energy leadership, said the White House….