One year ago, U.S. President Donald J. Trump made a historic state visit to the U.A.E. where he oversaw a series of major commercial announcements across the artificial intelligence, energy, defense, and advanced technology sectors. According to publicly available data, more than $100 billion in expanded trade and investments have been announced as part of new U.S.-U.A.E. economic and technology initiatives launched last year between the two governments and since the President’s visit. A centerpiece of the visit to the U.A.E. last May, the initiatives mark deepening bilateral ties in future-oriented sectors like artificial intelligence, life sciences, and advanced manufacturing and reflect a transition in the relationship of one being primarily security and energy-focused towards a partnership defined by geo-economics and advanced technological cooperation. The U.S.-U.A.E. Business Council helped organize the high-level business roundtable during the visit and is pleased to mark its anniversary in this summary of major announcements. 

Why This Matters:

• The U.A.E. is executing on its pledges made during President Trump’s visit through a sustained pipeline of large-scale investments, partnerships, and commercial outcomes across key strategic sectors in the United States, alongside key U.A.E. purchases involving U.S. industries. 
• To date, since President Trump’s visit, more than $100 billion in investments, purchases, and deals have been announced as part of new U.S. and U.A.E. investment and technology partnerships.  
• Bilateral cooperation has expanded significantly in the export market with U.S. exports to the U.A.E. increasing 16% year-over-year to $31.4 billion in 2025. Strides in U.S. exports include commercial aviation sales and the deployment of advanced technologies. 
• At the same time, adjacent industries critical to supporting AI buildout, including energy, industrial development, critical minerals, logistics, infrastructure, and financial services, have seen increased commercial engagement between U.S. and U.A.E. industries.

U.A.E. Commitment Unshaken by Conflict:

• Undeterred by the onset of the Iran conflict, the leadership has reaffirmed the U.A.E.’s $1.4 trillion, 10-year investment framework  in the United States as well as its strategic procurement commitments involving U.S. industries and technologies, underscoring that the initiative remains firmly on track with increasing momentum across artificial intelligence, energy, infrastructure, life sciences, and advanced manufacturing.
• Since the beginning of 2026, the U.A.E. announced 10 new commercial agreements valued in the billions of dollars, with most occurring in March and April. Key transactions include a majority stake acquisition in U.S. AI investor Alpha Wave Global, ePointZero’s $2.25 billion purchase of Oklahoma-based Traverse Midstream Partners, and XRG and OMV’s creation of $60 billion polyolefins manufacturer Borouge International, which maintains a significant U.S. footprint.
• As it did during the COVID-19 pandemic, the U.A.E. is set to emerge from this phase of disruption related to the conflict with Iran in a stronger and more self-sufficient position with enhanced U.S. ties.
• The U.A.E.’s recent decision to leave OPEC underscores the country’s determination to pursue important new priorities that it believes will help answer emerging and critical global energy shortfalls. The U.A.E. not only intends to add new oil supply by increased production, but intends to reinvest the revenue from these increased oil sales into new energy projects around the world, including in the United States, the U.A.E.’s primary investment destination.  

BY THE NUMBERS:  Below are several of the key deals, initiatives, and milestones announced or advanced since President Trump’s visit to the United Arab Emirates, including investments in the United States and significant new commercial exports to the U.A.E.

Technology and AI:

The United States and the U.A.E. have significantly expanded cooperation in artificial intelligence, advanced computing, and digital infrastructure. This cooperation is anchored by the U.S.-U.A.E. AI Acceleration Partnership launched during President Trump’s visit and a growing ecosystem of public and private sector investment. The U.A.E. is investing heavily into the U.S. tech market and is purchasing key U.S. technologies led by entities such as MGX and Mubadala: 

• Through the AIP Consortium, MGX participated in the investment in Aligned Data Centers, a transaction that valued the company at approximately $40 billion and involved the acquisition of 100% of its equity. The initiative supports large-scale U.S. AI infrastructure development to meet demand for American computing and semiconductor technologies. 
• MGX and Silver Lake acquired a 51% stake in Intel’s Altera business, strengthening cross-border semiconductor and AI hardware collaboration. 
• MGX continued investments and strategic partnerships with leading American AI companies, including OpenAI, xAI, Databricks, and Anthropic, reinforcing the U.A.E.’s role as a long-term capital partner for the U.S. innovation and AI ecosystem. 
• MGX, Silver Lake, and Oracle finalized ownership arrangements in TikTok U.S. Data Security Joint Venture LLC, with each holding a 15% stake in the new U.S.-based subsidiary operating under an independent governance structure. 
• Mubadala Capital joined Dragoneer and Sequoia and other global investors in Waymo’s $16 billion funding round, valuing the company at $126 billion and supporting expansion of U.S.-made autonomous driving technology into 20 additional cities.
• Mubadala Capital and Valor Equity Partners co-led a $1.375 billion funding round for U.S. data center start-up Crusoe, tripling its valuation to over $10 billion. 
• e&Carrier & Wholesale Services launched its U.S. operations with a new Miami-based subsidiary, e&Wholesale Americas.
• e& (through e& capital) participated in a second tranche of a $10 million funding round for U.S.-based cybersecurity and payments security firm MagicCube. 

Meanwhile, U.S. AI investment and technology partnerships in the U.A.E. continue to scale rapidly: 

• The United States approved the export of advanced American-made artificial intelligence semiconductors, including high-end NVIDIA AI chips, to G42 to support the development of hyperscale data centers and next-generation AI infrastructure in the U.A.E. In early May 2026, U.A.E. Ambassador to the U.S. Yousef Al Otaiba, announced that the first batch of advanced AI chips had already been delivered, enabling the rapid development of local AI infrastructure. This shipment is part of a “Gold Standard” agreement between the U.S. and U.A.E. to secure AI models, data, and access, following intense negotiations.  The initiative involves major technology partnerships with firms such as Microsoft, NVIDIA, AMD, and Cerebras Systems.
• G42 is nearing completion of the first 200MW of the U.A.E.-U.S. 5GW AI Campus to develop advanced artificial intelligence infrastructure, hyperscale data centers, and next-generation cloud computing capabilities in the United Arab Emirates. The campus has garnered interest and commitment from various U.S. hyperscalers and model developers looking to offtake part of the capacity, including Microsoft and OpenAI. 
• G42 has also received its first few shipments of a significant number of GB300s from NVIDIA with more on the way including AMD. Core42, the digital infrastructure arm of G42, also continued its deployments across the U.S. in 4 states with multiple Cerebras clusters, and a newly commissioned cluster in Buffalo New York that includes Nvidia and AMD. 
• Oracle announced plans to build its first datacenter supercluster in the U.A.E.— building upon existing cloud regions in Dubai and Abu Dhabi — which is expected to become Oracle’s largest supercluster outside the United States. The project supports regional artificial intelligence growth while increasing demand for American cloud computing infrastructure and advanced semiconductor technologies. 
• Microsoft announced plans to invest $15.2 billion in the U.A.E. between 2023 and 2029 to expand artificial intelligence and cloud infrastructure. 
• Oracle partnered with M42 and G42 to advance healthcare-focused artificial intelligence and data initiatives in the U.A.E., including precision medicine, diagnostics, and large-scale health data analytics.
• During President Trump’s visit in May 2025, ADIO and Qualcomm announced a new partnership to establish an advanced global engineering center focused on next generation IoT, AI, and data center solutions. Progress on this collaboration continues to be made.

Energy:

Energy cooperation between the United States and the U.A.E. is entering a new phase of scale and integration, with ADNOC’s international investment arm XRG supporting plans to expand the U.A.E.’s current $85 billion U.S. energy investment footprint to approximately $440 billion by 2035. These investments span the full value chain from upstream production and LNG infrastructure to downstream delivery and energy-linked industrial development.

• ExxonMobil, Occidental Petroleum, and EOG Resources are partnering with ADNOC for expanded oil and natural gas production in the U.A.E. valued at $60 billion.
• Immediately following President Trump’s visit in May 2025, the Emirates Nuclear Energy Corporation and GE Vernova Hitachi Nuclear Energy announced a joint initiative to evaluate the deployment of the BWRX-300 Small Modular Reactor (SMR) technology internationally.
• XRG recently announced a major expansion into the U.S. natural gas sector, with plans to deploy tens of billions of dollars across a vertically integrated gas value chain, including upstream production, infrastructure, LNG liquefaction, and downstream delivery assets. 
• XRG completed the acquisition of an 11.7% equity stake in Phase 1 of the Rio Grande LNG project in Texas, marking the company’s first major gas infrastructure investment in the United States.
• XRG and OMV have finalized a deal to create the world’s fourth-largest polyolefins producer—Borouge Group International with significant U.S. assets. 
• Mubadala Energy made its first major investment in the U.S. by partnering with Kimmeridge to create Caturus, a new company focused on natural gas and LNG exports.
• ePointZero is acquiring Traverse Midstream Partners for $2.25 billion, gaining key stakes in major U.S. natural gas pipelines that serve the Midwest, Gulf Coast, and Eastern Canada. 
• ALTÉRRA is partnering with U.S.-based General Atlantic to invest in Wireless Logic, a global IoT connectivity platform. The investment supports the expansion of digital infrastructure critical to the energy transition. 
• Mubadala announced a significant minority investment in Power Factors, a leading provider of software, services, and hardware solutions for renewable energy management.

Industrial, Manufacturing, and Critical Minerals:

• EGA is building a $4 billion primary aluminum smelter in Oklahoma, the first new aluminum smelter in the U.S. in nearly 50 years.  This new smelter is expected to double U.S. domestic aluminum production capability. 
• EGA is expanding its Spectro Alloys recycling plant in Minnesota, adding 45,000 tons of capacity to reach a total of 200,000 tons per year by 2027. 
• ADQ and Orion Resource Partners formed a $1.2 billion mining and critical minerals partnership aimed at securing and developing strategically important mineral supply chains. 
• Mubadala partnered with Bain Capital to acquire Service Logic, the largest independent commercial HVAC and building automation provider in the United States.

Finance and Cryptocurrency:

• Judan Financial, a newly launched financial services holding company backed by IHC, has acquired a 50.1% majority stake in U.S.-based investment manager Alpha Wave Global, marking its first strategic investment since its formation.
• The Aqua1 Foundation invested $100 million in World Liberty Financial, Inc., acquiring governance tokens in support of its blockchain-based digital asset platform. 
• Lunate and HPS Investment Partners have teamed up to launch the HPS Strategic Solutions Partners Platform, a new investment initiative focused on supporting large companies in the U.S. and Europe with flexible financing solutions. 
• Mubadala and Barings launched a new $500 million global real estate debt partnership in private credit across the U.S., Europe, and Asia-Pacific. 
• Blackstone recently expanded its presence in the United Arab Emirates through major investments in technology and infrastructure, including a $250 million investment in Abu Dhabi-based digital payments platform ADGT and a large-scale aircraft leasing partnership with Dubai Aerospace Enterprise.
• ALTÉRRA committed to KKR’s Global Climate Transition Strategy through a major investment partnership aimed at accelerating capital deployment into infrastructure and real-economy projects that support the global energy transition.

Commercial Aviation:

• During President Trump’s visit, Etihad placed a $14.5 billion order for 28 Boeing 787 and 777X aircraft powered by GE engines, marking one of the largest fleet expansion commitments in its history.
• Etihad expanded its U.S. footprint through the launch of new routes (Charlotte, NC) and increased connectivity between Abu Dhabi and major American cities. 
• Emirates is buying 65 new Boeing 777-9 airplanes for $38 billion, all powered by GE engines.
• Flydubai announced a $13 billion deal to buy 75 Boeing 737 Max aircraft, with an option to purchase 75 more in the future

Healthcare and Life Sciences:

• Mubadala entered into an agreement to make a significant reinvestment in PCI Pharma Services as part of a strategic private equity transaction co-led by Bain Capital and Kohlberg. 
• 2PointZero has acquired an undisclosed strategic stake in Whoop, expanding the group’s presence in the fast-growing digital health sector. 

Tourism and Hospitality: 

• The Walt Disney Company and Miral announced a multi-billion dollar joint investment in May 2025, shortly before President Trump’s visit, to create a Disney theme park resort in Abu Dhabi. 
• Meanwhile, Wynn Casino’s new partnership with Ras al Khaimah is moving forward with an opening of the multi-billion dollar complex scheduled for early 2027. 
• The Solomon Guggenheim Museum is currently scheduled to open its new Abu Dhabi museum by the end of 2026. 

U.S.-U.A.E. Defense Cooperation:

• As part of President Trump’s May 2025 visit, RTX inaugurated a new advanced industrial facility in Abu Dhabi’s Tawazun Industrial Park.  The facility will serve as a specialized center for the assembly of the Coyote Counter-Unmanned Aerial System.
• The United States approved an estimated $4.5 billion sale of Lockheed Martin’s Terminal High Altitude Area Defense (THAAD) missile defense systems and interceptors to the U.A.E. in March 2026, strengthening the country’s integrated air and missile defense capabilities.
• The United States approved an estimated $2.1 billion sale of Fixed Site-Low, Slow, Small Unmanned Aircraft System Integrated Defeat System (FS-LIDS) counter-drone systems to the U.A.E. in March 2026.
• The United States approved an estimated $1.22 billion sale of 400 AIM-120 Advanced Medium-Range Air-to-Air Missiles (AMRAAMs) to the U.A.E. in March 2026 to support the country’s advanced fighter aircraft fleet.
• The United States approved an estimated $644 million package of F-16-related munitions, upgrades, and associated support equipment for the U.A.E. in March 2026.
• The United States approved an estimated $147.6 million sale of Advanced Precision Kill Weapon Systems (APKWS) to the U.A.E. in May 2026 as part of a broader regional defense package.
• Lockheed Martin, Tawazun Council and the U.A.E. Cyber Security Council announced a new partnership in early May 2026 to create a Cyber Security Center of Excellence in the U.A.E.

Growing Trade:

According to the U.S. Department of Commerce’s most recent trade statistics, the U.A.E. remained the United States’ largest export market in the broader Middle East and North Africa region for the 17th consecutive year.

• Total bilateral trade exceeded $39 billion in 2025, with U.S. exports to the U.A.E. rising to more than $31.4 billion, a 16.2 percent increase year-over-year.
• On the import side, U.A.E. exports to the United States reached $7.6 billion. 
• The U.S. trade surplus with the United Arab Emirates amounted to nearly $23.8 billion in 2025, positioning the U.A.E. among a small group of major U.S. trading partners where the United States maintains a substantial and growing trade surplus. 

U.A.E. Transformed:

This new focus has resulted in scores of U.S. firms opening new offices in the U.A.E., contributing to the ongoing development of the U.A.E. as a global business hub.

• Abu Dhabi has become a “Capital of Capital” by recruiting new financial services and investment companies like BlackRock, PGIM, Fortress Investment Group, Kimmeridge, KKR (office expansion), and Bain Capital. Through Abu Dhabi Investment Office (ADIO), Abu Dhabi has also attracted new investments in other key verticals like advanced manufacturing. The emirate has also heavily focused on the tourism industry with its new partnership with Disney to open the first Disney theme park in decades in Abu Dhabi. 
• Other emirates have also successfully attracted new investments, including Dubai with Microsoft, Amazon Web Services (AWS), and Oracle and Ras Al Khaimah with the Wynn Casino.
• The U.A.E. continues to be a proving ground for introducing and commercializing the latest technology. Joby Aviation and Archer Aviation are key examples as Dubai and Abu Dhabi will introduce pilotless drones and other new forms of commercial aviation for full deployment in the next few years.

Next Phase of Growth:

The U.A.E. is doubling down on its economic, investment, and trade relationship with the United States. The next phase is expected to further accelerate commercial opportunities in priority sectors including AI, energy, industrial development, infrastructure, healthcare and life sciences, defense, and tourism.  

• Continued expansion of the U.S.-U.A.E. AI Acceleration Partnership and the U.A.E.-U.S. 5GW AI Campus, supporting hyperscale AI infrastructure buildout and increased U.S. semiconductor demand.
• Ongoing deployment of the U.A.E.’s $1.4 trillion investment framework in the United States and in purchases from the United States, with Ambassador Al Otaiba reaffirming strong momentum across technology, energy, infrastructure, healthcare, and advanced manufacturing. U.A.E. entities are actively negotiating new investments and contracts totaling billions of dollars in the United States.
• Expansion of XRG and ADNOC-linked energy investments into the U.S. such as LNG, natural gas infrastructure, petrochemicals, and AI-enabled power generation systems.
• Deeper cooperation in critical minerals and the strengthening of strategic supply chains with the U.A.E.’s signing of the Pax Silica declaration. 
• Continued growth in tourism, entertainment, and cultural investment partnerships, including major U.S. participation in projects involving Wynn Resorts, Disney, and the Guggenheim.
• New pharmaceutical R&D and manufacturing in the U.A.E. as Abu Dhabi and Dubai focus on attracting life science partnerships with key U.S. pharmaceutical firms. 
• Deepening cooperation in defense and security technologies, including integrated air and missile defense systems, cybersecurity, counter-drone capabilities, and AI-enabled protection of critical infrastructure.

Resources:

For more detailed information on the U.S.-U.A.E. commercial relationship, please see the U.S.-U.A.E. Trade and Commercial Data section on our website or contact U.S.-U.A.E. Business Council President Danny Sebright at dsebright@usuaebusiness.org.  

For additional context on the commercial outcomes and strategic announcements associated with President Trump’s visit to the U.A.E., please refer to the U.S.-U.A.E. Business Council’s May 2025 Council Update. 

An update on the latest bilateral trade statistics and investment deals between the U.S. and the U.A.E. can be found at the U.A.E. Embassy Washington DC’s UAE Preferred platform. Receive regular updates on top deals by subscribing to the UAE Preferred Newsletter. 

To learn more about the U.A.E.’s business landscape, please consult the U.S.-U.A.E. Business Council and Morgan Lewis’s Guide to Doing Business in the U.A.E.