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Trump Announces $200 Billion in Deals During UAE Visit, AI Agreement Signed
US President Donald Trump shakes hands with Yousif Al Obaidli, director of Sheikh Zayed Grand Mosque, as he tours the mosque grounds in Abu Dhabi, United Arab Emirates, May 15, 2025. Photo: REUTERS/Brian Snyder
President Donald Trump on Thursday pledged to strengthen US ties to the United Arab Emirates and announced deals with the Gulf state totaling over $200 billion and the two countries also agreed to deepen cooperation in artificial intelligence.
After Trump’s meeting with UAE President Sheikh Mohamed bin Zayed Al Nahyan, the White House said he announced deals that included a $14.5 billion commitment from Etihad Airways to invest in 28 Boeing 787 and 777x aircraft powered by engines made by GE Aerospace.
The US Commerce Department said the two countries also agreed to establish a “US-UAE AI Acceleration Partnership” framework and Trump and Sheikh Mohamed attended the unveiling of a new 5GW AI campus, which would be the largest outside the United States.
Sources have said the agreements will give the Gulf country expanded access to advanced artificial intelligence chips from the US after previously facing restrictions over Washington’s concerns that China could access the technology.
Trump began a visit to the UAE on the latest stage of a tour of wealthy Gulf states after hailing plans by Doha to invest $10 billion in a US military facility during a trip to Qatar.
“I have absolutely no doubt that the relationship will only get bigger and better,” Trump said in a meeting with UAE President Sheikh Mohamed bin Zayed Al Nahyan.
“Your wonderful brother came to Washington a few weeks ago and he told us about your generous statement as to the 1.4 trillion,” Trump said, referring to a UAE pledge to invest $1.4 trillion in the US over 10 years.
Trump was referring to Sheikh Tahnoon bin Zayed Al Nahyan, Sheikh Mohamed’s brother and the UAE’s national security adviser and chairman of two of Abu Dhabi’s deep-pocketed sovereign wealth funds.
The US president was met at the airport in Abu Dhabi by Sheikh Mohamed, and they visited the Sheikh Zayed Grand Mosque, its white minarets and domes, impressive in the late-afternoon light.
“It is so beautiful,” Trump told reporters inside the mosque, which he said had been closed for the day.
“First time they closed it. It’s in honor of the United States. Better than in honor of me. Let’s give it to the country. That’s a great tribute.”
$200 BILLION IN NEW DEALS
A White House fact sheet said Trump had secured $200 billion in new US-UAE deals and accelerated the previously committed $1.4 trillion.
It said Emirates Global Aluminum would invest to develop a $4 billion primary aluminum smelter project in Oklahoma, while ExxonMobil Corp, Occidental Petroleum, and EOG Resources were partnering with the Abu Dhabi National Oil Company in expanded oil and natural gas production valued at $60 billion.
Sheikh Mohamed told Trump the UAE was “keen to continue and strengthen this friendship for the benefit of the two countries and peoples,” adding to Trump: “your presence here today, your excellency, the president, confirms that this keenness is mutual.”
Before his departure for the UAE, Trump said in a speech to US troops at the Al Udeid Air Base southwest of Doha that defense purchases signed by Qatar on Wednesday were worth $42 billion.
UAE has been seeking US help to make the wealthy Gulf nation a global leader in artificial intelligence.
The US has a preliminary agreement with the UAE to allow it to import 500,000 of Nvidia’s most advanced AI chips a year, starting this year, Reuters reported on Wednesday.
The deal would boost the UAE’s construction of data centers vital to developing AI models, although the agreement has provoked national security concerns among sectors of the US government.
The AI agreement “includes the UAE committing to invest in, build, or finance US data centers that are at least as large and as powerful as those in the UAE,” the White House said.
“The agreement also contains historic commitments by the UAE to further align their national security regulations with the United States, including strong protections to prevent the diversion of US-origin technology.”
Former US President Joe Biden’s administration had imposed strict oversight of exports of US AI chips to the Middle East and other regions. Among Biden’s fears were that the prized semiconductors would be diverted to China and buttress its military strength.
At the UAE presidential palace, Trump and Sheikh Mohamed could be seen in TV footage in conversation with Nvidia CEO Jensen Huang.
Trump said he would probably return to Washington on Friday after a regional trip that began on Tuesday, although he said it was “almost destination unknown.” Trump had hinted he could stop in Istanbul for talks on Ukraine.
DEALS, DIPLOMACY
Other big business agreements have been signed during Trump’s four-day swing through the Gulf region, including a deal for Qatar Airways to purchase up to 210 Boeing widebody jets, a $600 billion commitment from Saudi Arabia to invest in the US and $142 billion in US arms sales to the kingdom.
The trip has also brought a flurry of diplomacy.
Trump said in Qatar that the United States was getting very close to securing a nuclear deal with Iran, and Tehran had “sort of” agreed to the terms.
He also announced on Tuesday the US would remove longstanding sanctions on Syria and subsequently met with Syrian interim President Ahmed al-Sharaa.
He urged Sharaa to establish ties with Syria’s longtime foe Israel.
Trump has made improving ties with some Gulf countries a key goal of his administration. If all the proposed chip deals in Gulf states, and the UAE in particular, come together, the region would become a third power center in global AI competition after the United States and China.
The post Trump Announces $200 Billion in Deals During UAE Visit, AI Agreement Signed first appeared on Algemeiner.com.
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Putin Speaks to Trump, Condemns Israel’s Strikes on Iran, Kremlin Says
Russian President Vladimir Putin and Iranian President Masoud Pezeshkian meet in Moscow, Russia, Jan. 17, 2025. Photo: REUTERS/Evgenia Novozhenina
Russian President Vladimir Putin spoke to US President Donald Trump for 50 minutes on Saturday, condemning the Israeli military operation against Iran and expressing concern about the risks of escalation, the Kremlin said.
“Vladimir Putin condemned Israel’s military operation against Iran and expressed serious concern about a possible escalation of the conflict, which would have unpredictable consequences for the entire situation in the Middle East,” Kremlin aide Yuri Ushakov told reporters.
Trump, for his part, described events in the Middle East as “very alarming,” according to Ushakov. But the two leaders said they do not rule out a return to the negotiating track on Iran’s nuclear program, Ushakov said.
On Ukraine, Putin told the US leader that Russia was ready to continue negotiations with the Ukrainians after June 22, according to state news agency RIA.
Trump reiterated his interest in a speedy resolution to the conflict, the Kremlin aide said.
Putin also congratulated Trump on his 79th birthday.
The post Putin Speaks to Trump, Condemns Israel’s Strikes on Iran, Kremlin Says first appeared on Algemeiner.com.
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Sunday’s US-Iran Nuclear Talks Cancelled, Oman Says
FILE PHOTO: Oman’s Foreign Minister Sayyid Badr bin Hamad bin Hamood Albusaidi attends a meeting with Russia’s Foreign Minister Sergei Lavrov in Moscow, Russia July 11, 2023. Photo: Natalia Kolesnikova/Pool via REUTERS/File Photo
The latest round of US-Iran nuclear talks scheduled for Sunday in Muscat will not take place, Omani Foreign Minister Badr Albusaidi said on X on Saturday. Oman has been mediating the talks.
Albusaidi’s statement came a day after Israel launched a sweeping air offensive against Iran, killing commanders and scientists and bombing nuclear sites in a stated bid to stop it building an atomic weapon.
A senior official of US President Donald Trump’s administration, speaking on condition of anonymity, confirmed Sunday’s talks had been cancelled.
Washington, however, remained committed to the negotiations and hoped “the Iranians will come to the table soon,” the official said.
The post Sunday’s US-Iran Nuclear Talks Cancelled, Oman Says first appeared on Algemeiner.com.
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Iran Says Talks with US ‘Meaningless’ After Israel Attack, But Yet to Decide on Attending
USA and Iranian flags are seen in this illustration taken, Sept. 8, 2022. Photo: REUTERS/Dado Ruvic/Illustration
Iran said the dialogue with the US over Tehran’s nuclear program is “meaningless” after Israel’s biggest-ever military strike against its longstanding enemy, but said it is yet to decide on whether to attend planned talks on Sunday.
“The other side (the US) acted in a way that makes dialogue meaningless. You cannot claim to negotiate and at the same time divide work by allowing the Zionist regime (Israel) to target Iran’s territory,” state media on Saturday quoted foreign ministry spokesperson Esmaeil Baghaei as saying.
“It is still unclear what decision we will make on Sunday in this regard,” Baghaei was quoted as saying.
He said Israel “succeeded in influencing” the diplomatic process and the Israeli attack would not have happened without Washington’s permission, accusing Washington of supporting the attack.
Iran earlier accused the US of being complicit in Israel’s attacks, but Washington denied the allegation and told Tehran at the United Nations Security Council that it would be “wise” to negotiate over its nuclear program.
The sixth round of US-Iran nuclear talks was set to be held on Sunday in Muscat, but it was unclear whether it would go ahead after the Israeli strikes.
Iran denies that its uranium enrichment program is for anything other than civilian purposes, rejecting Israeli allegations that it is secretly developing nuclear weapons.
US President Donald Trump told Reuters that he and his team had known the Israeli attacks were coming but they still saw room for an accord.
The post Iran Says Talks with US ‘Meaningless’ After Israel Attack, But Yet to Decide on Attending first appeared on Algemeiner.com.
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