President Donald Trump announces over $200 billion in new deals with the UAE, including major investments in AI, aviation, and energy, as both nations deepen strategic and technological ties.
Category
🗞
NewsTranscript
00:00Thank you for this morning, and of course, we're going to look at this in very detail as soon as we have new updates, especially from the recent Donald Trump's visit to Gulf Country and what it actually meaning, the meaning of the trip to this part of the world, the Asia especially, and also our region.
00:23And of course, we have the updates of the President Donald Trump's visit to Gulf Country, the President Donald Trump on Tuesday pledged to strengthen the US ties to the United Arab Emirates, UAE, and also announced deals with the Gulf State totaling over US$200 billion, and the two countries also agreed to deepen cooperation in artificial intelligence or AI.
00:46After Trump's meeting with UAE President Sheikh Mohammed bin Zaid al-Nahyan, the White House said he announced deals that included a US$14.5 billion commitment from Etihad Airways to invest in 28 Boeing 787 and 777X aircraft powered by engines made by GE Aerospace.
01:07The U.S. Commerce Department said the two countries also agreed to establish a US-UAE-AI acceleration partnership framework, and Trump and Sheikh Mohammed attended the unveiling of a new 5-gigawatt AI campus, which would be the largest outside the United States.
01:26Sources have said agreements will give the Gulf Country expanded access to advanced artificial intelligence chips from the U.S. after previously facing restrictions over Washington's concerns that China could access the technology.
01:41Trump began a visit to the UAE on the later stage of a tour of wealthy Gulf states after hailing plans by Doha to invest US$10 billion in a U.S. military facility during a trip to Qatar.
01:53Trump has taken the U.S. military facility in the U.S. military facility in the U.S. military facility, and the U.S. military facility.
02:23U.S. military facility in the U.S. military facility in a U.S. military facility, and the U.S. military facility.
02:25U.S. military unit
02:38ragepower in this area
02:40didn't Tang sense
02:42We rely on these
02:45our Unt scrap Um energy
02:47and energy
02:52And your wonderful brother came to Washington a few weeks ago, and he told us about your
03:02generous statement as to the 1.4 trillion.
03:07And all I could say is thank you very much.
03:10We will work very hard to deserve it.
03:14I have absolutely no doubt that the relationship will only get bigger and better.
03:21Your relationship and mine can't get better, so I can't say it's going to get better because
03:24it's at the highest level it can be.
03:27But our countries will work together.
03:32We've become a very hot country.
03:33We were not such a hot country six months ago.
03:37And now I think we're the hottest country if you want to know the truth.
03:41A White House fact sheet said Trump had secured US$200 billion in new US-UAE deals and accelerated
03:48the previously committed US$1.4 trillion.
03:51It said Emirates Global Aluminium would invest to develop a US$4 billion primary aluminium smelter
03:57project in Oklahoma, while ExxonMobil Corporation, Occidental Petroleum and EOG Resources were partnering
04:05with the Abu Dhabi National Oil Company in expanded oil and natural gas production valued at US$60 billion.
04:12But.
04:13Audience Member 2