US President’s GCC Trip Brings Over $2 Trillion in Investments

The US President Donald Trump has announced over $200 billion in commercial deals between the US and the UAE, bringing the total of investment agreements in the Gulf region to over $2 trillion. These deals will significantly expand investment in the US and its market access in the UAE.

In a post on X, White House said that Boeing and GE Aerospace secured a $14.5 billion commitment from Etihad Airways to invest in 28 American-made Boeing 787 and 777X aircraft powered by GE engines.

With the inclusion of the next-generation 777X in its fleet plan, the investment deepens the longstanding commercial aviation partnership between the UAE and the US, fuelling American manufacturing, driving exports, and supporting 60,000 US jobs.

In Oklahoma, Emirates Global Aluminum will invest to develop a $4 billion primary aluminum smelter project, one of the first new aluminum smelters in America in 45 years, that will create a thousand jobs in America, strengthen critical mineral supply chains, and double current US production capacity.

O&G Investments

In line with the US President’s executive order to unleash American energy leadership worldwide, ExxonMobil, Occidental Petroleum, and EOG Resources are partnering with the Abu Dhabi National Oil Company (ADNOC) for expanded oil and natural gas production valued at $60 billion that will help lower energy costs.

RTX is partnering with Emirates Global Aluminum and the UAE’s Tawazun Council on a Gallium project that will help secure and stabilise the US’ critical mineral supply chain.

By diversifying sources of this essential input for semiconductors and defence technologies, the partnership strengthens America’s supply security, supports high-tech manufacturing, and creates jobs across the US critical minerals and defense industrial base.

Qualcomm is expanding its global innovation footprint through partnerships with Abu Dhabi Investment Office (ADIO) and the UAE’s telecom company e&.  A new Global Engineering Center in

AI and Data Centres

Abu Dhabi will focus on AI, data centers, and industrial IoT – advancing the UAE’s digital transformation while supporting US research, engineering jobs and demand for American technologies. 

Meanwhile, the collaboration with e& accelerates the deployment of advanced connectivity, edge AI, and cloud computing solutions.  Together, these efforts strengthen Qualcomm’s leadership in critical technologies, fuel US high-tech job creation, and bolster America’s economic and national security.

Holtec International and IHC Industrial Holding Company (IHC) will jointly build a fleet of Holtec’s SMR-300 small modular reactors, starting at the Palisades site in Michigan. This agreement includes a commitment of $10 billion, and an additional $20 billion for fleet projects, helping to revitalise American nuclear energy infrastructure, strengthen domestic energy security.

Amazon Web Services, e&, and the UAE Cybersecurity Council have launched a Sovereign Cloud Launchpad to accelerate public cloud services adoption in the UAE.  The initiative is expected to contribute $181 billion to the UAE’s digital economy by 2033 and includes a new UAE cybersecurity technology Innovation centre.

These deals lay the foundation for investment, innovation and good-paying US jobs, including in frontier technologies, aerospace, energy, and critical minerals.

These deals strengthen the US-UAE investment and trade relationship and build on the UAE’s landmark commitment to a 10-year, $1.4 trillion investment framework that will contribute to the U.S. boom in AI infrastructure, semiconductors, energy, quantum computing, biotechnology, and manufacturing.

The US and UAE also signed an AI agreement that supports the $1.4 trillion investment commitment secured in March. This includes the UAE committing to invest in, build, or finance US data centres that are at least as large and as powerful as those in the UAE.

The UAE had $35 billion in foreign direct investments in the US, supporting over 33,000 American jobs in 2023. The total goods trade between the US and the UAE was estimated to be $34.4 billion in 2024, with a US trade surplus of $19.5 billion, the third largest in the world.