- The AI agreement is a major victory for Abu Dhabi.
- Trump wraps Gulf Tour focused on commercial affairs.
- The water engages in greater investments in the American energy sector.
President Donald Trump said on Friday that the United Arab Emirates and the United States had agreed to create a path for the Gulf country to buy some of the most advanced artificial semiconductors with American companies, a major victory for Abu Dhabi’s efforts to become a world AI center.
Trump also wrapped his tour of the Gulf of Saudi Arabia, Qatar and the United Arab Emirates with a commitment from the oil power Abu Dhabi – the capital of the water and the richest emirate – to make the value of its energy investments in the United States at $ 440 billion in the next decade.
He signed up on Thursday to strengthen the United States’ links with water, announcing transactions totaling more than $ 200 billion, including a commitment of $ 14.5 billion in Etihad Airways to invest in 28 American manufacturing boeing planes.
“We are working together and the money earned here comes back,” said Trump to Abu Dhabi the crown prince Sheikh Khaled bin Mohamed bin Zayed at a press conference in Abu Dhabi, praising the commercial relationship between the United States and the United Arab Emirates.
“We made it work, and you know they were courted by others. But there is no more courtification, I think we are quite good,” he said.
“Absolutely,” said the crown prince.
The AI Agreement, finalized on Thursday, is a boost for water, which has tried to balance its relations with its long-standing ally, the United States and its largest trading partner, China.
He reflects the Trump administration’s confidence that fleas can be managed safely, in part by demanding that data centers be managed by American companies.
“Yesterday, the two countries also agreed to create a path for water to buy some of the most advanced AI semiconductors in the world from American companies, a very big contract,” said Trump.
“This will generate billions and billions of dollars in business and will accelerate the plans of the United Arab Emirates to become a really major player in artificial intelligence,” he added.
Energy investments
The water investment commitment was announced during a presentation by Sultan Al Jaber, the director general of DNOC of the energy giant of the state of Abu Dhabi, in Trump during the last stage of his regional tour which made huge financial commitments of water, Saudi Arabia and Qatar.
The value of the company of water investments in the American energy sector will have increased to $ 440 billion by 2035, against $ 70 billion now, Al Jaber told Trump, adding that US energy companies will also invest in water.
“Our partners have committed new investments worth 60 billion dollars in oil and gas upstream, as well as new unconventional opportunities,” said Jaber in front of a slide showing water projects under the logos of US companies Exxonmobil, opens a new tab, Oxy, opens new tabs and EOG resources, opens a new TAB.
XRG, the international add -in -law branch of international investment, seeks to make a significant investment in American natural gas, Jaber, who is also the executive president of XRG and Minister of Industry and Advanced Technologies, said.
Already in March, when senior water officials met Trump, the United Arab Emirates had engaged in an investment framework of $ 1.4 billion over 10 years in the United States in sectors, including energy, AI and manufacturing to deepen reciprocal links.
“We are making great progress for the $ 1.4 (Billion) that the water announced that it intended to spend in the United States,” said Trump during his last stop during a Gulf tour which concentrated, at least publicly, investment agreements, and not safety crises in the Middle East, including the Israel War in Gaza.
However, Trump has embarked on a certain diplomacy on his whirlwind meetings with some of the world’s largest energy producers.
He met the new acting president of Syria, Ahmed Al-Sharaa, in Riyadh and declared that he would order the lifting of the sanctions against Syria at the request of the crown prince of Saudi Arabia, a change in major American policy.