Latest news with #UAE-U.S.
Sharjah 24
11-07-2025
- Politics
- Sharjah 24
Nahyan bin Mubarak receives US Ambassador to UAE
The visit came as part of her farewell courtesy call at the conclusion of her official tenure in the country. She came to extend her greetings and express her gratitude for the support she received during her service in the UAE. Sheikh Nahyan welcomed Ambassador Strong and praised her dedicated efforts throughout her term in strengthening the bonds of friendship and cooperation between the United Arab Emirates and the United States of America. He affirmed that the UAE-U.S. relationship stands as a solid model of strategic partnership, built on mutual respect and shared interests, under the leadership of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, who is committed to reinforcing the UAE's position as a nation that promotes peace, stability, and international cooperation. Sheikh Nahyan noted that the relationship between the two friendly nations continues to grow across political, economic, scientific, and cultural domains, reflecting the deep-rooted ties between the two peoples and the pivotal role that diplomatic missions play in advancing this cooperation. For her part, Ambassador Martina Strong expressed her sincere appreciation and gratitude to Sheikh Nahyan bin Mubarak Al Nahyan for the warm reception, and commended the unwavering support she received throughout her diplomatic mission. She affirmed that the UAE represents a distinguished model of leadership, tolerance, and cultural openness. She also conveyed her deep gratitude for the opportunity to represent her country in a nation that exemplifies noble global values in its policies and society. The meeting concluded with Sheikh Nahyan bin Mubarak extending his best wishes to Ambassador Strong for continued success in her future endeavors, reaffirming the UAE's commitment to ongoing cooperation and dialogue with the United States in pursuit of shared interests and the promotion of international peace and security.
Al Etihad
11-07-2025
- Politics
- Al Etihad
Nahyan bin Mubarak receives US Ambassador to UAE
11 July 2025 18:40 ABU DHABI (WAM)Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, received Martina Strong, Ambassador of the United States of America to the United Arab Emirates, at his majlis in Abu visit came as part of her farewell courtesy call at the conclusion of her official tenure in the country. She came to extend her greetings and express her gratitude for the support she received during her service in the Nahyan welcomed Ambassador Strong and praised her dedicated efforts throughout her term in strengthening the bonds of friendship and cooperation between the United Arab Emirates and the United States of affirmed that the UAE-U.S. relationship stands as a solid model of strategic partnership, built on mutual respect and shared interests, under the leadership of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, who is committed to reinforcing the UAE's position as a nation that promotes peace, stability, and international Nahyan noted that the relationship between the two friendly nations continues to grow across political, economic, scientific, and cultural domains, reflecting the deep-rooted ties between the two peoples and the pivotal role that diplomatic missions play in advancing this her part, Ambassador Martina Strong expressed her sincere appreciation and gratitude to Sheikh Nahyan bin Mubarak Al Nahyan for the warm reception and commended the unwavering support she received throughout her diplomatic affirmed that the UAE represents a distinguished model of leadership, tolerance, and cultural openness. She also conveyed her deep gratitude for the opportunity to represent her country in a nation that exemplifies noble global values in its policies and society. The meeting concluded with Sheikh Nahyan bin Mubarak extending his best wishes to Ambassador Strong for continued success in her future endeavours, reaffirming the UAE's commitment to ongoing cooperation and dialogue with the United States in pursuit of shared interests and the promotion of international peace and security.
CNBC
16-05-2025
- Business
- CNBC
UAE to up value of U.S. energy investments to $440 billion by 2035
The United Arab Emirates plans to raise its energy investments in the United States to $440 billion in the next decade, it said on Friday, boosting U.S. President Donald Trump's efforts to secure major business deals on a Gulf tour. The wealthy oil power's strategy — which aligns with global growth ambitions for its companies — was announced during a presentation by Abu Dhabi oil giant ADNOC's CEO Sultan Al Jaber to Trump during the last stage of the president's regional trip. The visit has drawn huge financial commitments to the U.S. from the UAE, Saudi Arabia and Qatar. The enterprise value of UAE investments in the U.S. energy sector will rise to $440 billion by 2035 from $70 billion now, Al Jaber told Trump, adding that U.S. energy firms will also invest in the UAE. "Our partners have committed new investments worth $60 billion in upstream oil and gas, as well as new and unconventional opportunities," Al Jaber said. The amount will be invested over the lifetime of projects, ADNOC said in a statement. Exxon Mobil and Japan's Inpex have agreed a deal to expand the capacity of Abu Dhabi's Upper Zakum offshore field, while Occidental Petroleum (Oxy) will explore boosting the capacity of the Shah gas field and EOG Resources has won an oil exploration concession in Abu Dhabi's Al Dhafra region. "The agreements reinforce the shared commitment of the UAE and U.S. to maintaining global energy security and the stability of energy markets," ADNOC said. The $440 billion value of UAE investments in the U.S. was part of a $1.4 trillion investment plan pledged to Washington, it added. That plan will "substantially increase the UAE's existing investments in the U.S. economy" in AI infrastructure, semiconductors, energy, and manufacturing, the White House said in a statement. The two countries also agreed to a deal that will give the UAE access to some of the most advanced artificial intelligence semiconductors from U.S. companies, a major win for Abu Dhabi's efforts to become a global AI hub. "We see significant opportunities for further UAE-U.S. partnerships across the energy-AI nexus, and we look forward to working with our American partners," Al Jaber said in ADNOC's statement. "We're making great progress for the $1.4 trillion that UAE has announced it intends to spend in the United States," Trump said in Abu Dhabi, his last stop on the tour that has focused on investment deals rather than security crises in the Middle East, including Israel's war in Gaza - at least publicly. "Yesterday the two countries also agreed to create a path for UAE to buy some of the world's most advanced AI semiconductors from American companies, a very big contract." Trump said the deal will generate billions of dollars in business and accelerate efforts by the UAE, an oil power and regional economic power, to become a major player in artificial intelligence. "And I read where - the oil and gas and all is great, but you're going to have equally big, and maybe even bigger - at some point, you'll be surpassing it with AI and other businesses," Trump told UAE officials on Friday during his visit. ADNOC's international investment arm XRG is seeking to make a significant investment in U.S. natural gas, Al Jaber, who is also XRG's executive chairman and minister of industry and advanced technology, has said. XRG signed a framework deal with Oxy subsidiary 1PointFive to evaluate a potential investment in a direct air capture project in Kleberg County, Texas, and could commit up to a third of its development cost, ADNOC said in its statement. Other details of the U.S. investment pledge were not disclosed. ADNOC has already transferred stakes in NextDecade's Rio Grande LNG export facility and a planned ExxonMobil hydrogen plant - both also in Texas - to XRG, which was set up last year. According to ADNOC, XRG, which is taking over Germany's Covestro and has agreed with Austria's OMV to merge their petrochemicals businesses Borouge and Borealis, has $80 billion in assets. "The U.S. is a top priority market for XRG," ADNOC said in its statement, adding the firm "is set to boost investments across the American energy value chain, focusing on expanding gas, LNG, specialty chemicals and energy infrastructure". Mubadala Energy, an arm of Abu Dhabi's second-largest sovereign wealth fund, last month signed a deal with U.S. firm Kimmeridge that will give it stakes in U.S. gas assets.
Yahoo
16-05-2025
- Business
- Yahoo
United States forms AI partnership with UAE
May 16 (UPI) -- The United States and the United Arab Emirates have agreed to form an Artificial Intelligence alliance. The U.S. Department of Commerce announced in a statement that the United States will launch a one-gigawatt AI data center, which in turn will be a part of a five-gigawatt "UAE-U.S. artificial intelligence technology cluster" in the UAE capital city of Abu Dhabi. The cluster will manage the region's computation needs that will operate under American-level security standards and be open to the distribution of new AI infrastructure that can serve on an international level. A group will be formed between the countries within 30 days of its announcement and will "work together to make more efficient the process of inward investments into the United States by UAE Investment Funds," which also involves UAE investment in American digital infrastructure. "We are proud to announce the US-UAE AI Acceleration Partnership," U.S. Secretary of Commerce Howard Lutnick posted to X Thursday. "Together we will build the largest AI data center outside the United States, powered by American companies and high tech manufacturing." The deal was made public as President Donald Trump continues a trip through the Gulf region and stopped to visit a new AI campus in Abu Dhabi, where American-produced AI chips will computationally power the facility and become the largest project of its type anywhere outside the United States. The Biden administration had set an "AI Diffusion Rule" in January, under which the U.S. Commerce Department's Bureau of Industry and Security added exceptions to the facilitation in regard to the export, reexport of transfer of "advanced computing" to ensure the tech ended up with "users in destinations that do not raise national security or foreign policy concerns." The Trump administration rescinded that rule Tuesday, a deregulation that now allows the federal government to make deals with other countries to decide how many American chips they would like to purchase. "The Trump Administration will pursue a bold, inclusive strategy to American AI technology with trusted foreign countries around the world, while keeping the technology out of the hands of our adversaries," said Under Secretary of Commerce for Industry and Security Jeffery Kessler in a Tuesday press release.
UPI
16-05-2025
- Business
- UPI
United States forms AI partnership with UAE
The United States reached a deal with the United Arab Emirates to collaborate on an artificial intelligence technology cluster in Abu Dhabi. Photo by UAE Presidential Court/EPA-EFE May 16 (UPI) -- The United States and the United Arab Emirates have agreed to form an Artificial Intelligence alliance. The U.S. Department of Commerce announced in a statement that the United States will launch a one-gigawatt AI data center, which in turn will be a part of a five-gigawatt "UAE-U.S. artificial intelligence technology cluster" in the UAE capital city of Abu Dhabi. The cluster will manage the region's computation needs that will operate under American-level security standards and be open to the distribution of new AI infrastructure that can serve on an international level. A group will be formed between the countries within 30 days of its announcement and will "work together to make more efficient the process of inward investments into the United States by UAE Investment Funds," which also involves UAE investment in American digital infrastructure. "We are proud to announce the US-UAE AI Acceleration Partnership," U.S. Secretary of Commerce Howard Lutnick posted to X Thursday. "Together we will build the largest AI data center outside the United States, powered by American companies and high tech manufacturing." The deal was made public as President Donald Trump continues a trip through the Gulf region and stopped to visit a new AI campus in Abu Dhabi, where American-produced AI chips will computationally power the facility and become the largest project of its type anywhere outside the United States. The Biden administration had set an "AI Diffusion Rule" in January, under which the U.S. Commerce Department's Bureau of Industry and Security added exceptions to the facilitation in regard to the export, reexport of transfer of "advanced computing" to ensure the tech ended up with "users in destinations that do not raise national security or foreign policy concerns." The Trump administration rescinded that rule Tuesday, a deregulation that now allows the federal government to make deals with other countries to decide how many American chips they would like to purchase. "The Trump Administration will pursue a bold, inclusive strategy to American AI technology with trusted foreign countries around the world, while keeping the technology out of the hands of our adversaries," said Under Secretary of Commerce for Industry and Security Jeffery Kessler in a Tuesday press release.
