Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, and US President Donald Trump participated in the UAE–US Business Dialogue held at Qasr Al Watan in Abu Dhabi.

This event, part of President Trump’s state visit to the UAE, emphasized the continued collaboration between the two nations in various sectors such as energy, technology, and healthcare.

The dialogue served to bolster economic and investment cooperation, aiming at supporting economic growth, job creation, and innovation in both countries.

Notably, it reviewed progress concerning a landmark US$1.4 trillion investment initiative in the US, which was announced earlier this year.

This investment is expected to be directed towards strategic sectors including energy, artificial intelligence, advanced technology, and industry, significantly involving Emirati investment institutions.

Several new agreements were unveiled during the meeting across key sectors.

In the energy sector, agreements were made to facilitate up to US$60 billion in American investments towards UAE energy projects.

These agreements included a collaborative development plan between the Abu Dhabi National Oil Company (ADNOC) and ExxonMobil to increase production capacity at the Upper Zakum offshore field, an exploration agreement with Occidental to enhance capacity at the Shah Gas field, and a concession awarded to EOG Resources for unconventional oil and gas exploration in Abu Dhabi.

Furthermore, XRG signed a framework agreement with Occidental’s subsidiary, 1PointFive, to explore investments in a direct air capture facility in Texas.

In aviation, Etihad Airways confirmed the purchase of 28 Boeing 787 and 777X aircraft as part of its fleet expansion strategy, which includes engines from General Electric.

In the technology and innovation sector, the Abu Dhabi Investment Office (ADIO) announced a partnership with Qualcomm to establish an advanced global engineering centre in Abu Dhabi, focusing on next-generation Internet of Things (IoT), artificial intelligence (AI), and data centre solutions.

This facility is expected to enhance the UAE’s engineering capabilities, facilitating collaboration with local and international companies.

e& and Qualcomm also entered into a partnership aimed at accelerating advancements in connectivity, 5G, and AI to bolster digital transformation within key governmental and industrial sectors.

Concurrently, e& unveiled a new sovereign cloud platform in collaboration with Amazon Web Services (AWS), designed to expedite the adoption of cloud computing and AI technologies across various sectors.

In manufacturing, Emirates Global Aluminium (EGA) announced plans for a new primary aluminium production plant in the US, signifying the first of its kind since 1980, with an investment of US$4 billion.

EGA also signed an agreement with the Tawazun Council and RTX to develop gallium production capabilities within Abu Dhabi.

In healthcare, initiatives were launched containing advanced technologies and research to enhance medical innovation and patient care.

This included a collaboration between M42 and Oracle Health aimed at improving healthcare data systems and genomics.

The sectors of sports, entertainment, and tourism also saw discussions around joint initiatives, notably the Disney Theme Park Resort project in Abu Dhabi, UFC championship events, and NBA preseason games, along with the Guggenheim Abu Dhabi museum project.

During the discussions, Sheikh Mohamed bin Zayed Al Nahyan emphasized the longstanding strategic partnership between the UAE and the US, which spans over 50 years.

He reaffirmed the commitment to enhancing this relationship for mutual prosperity, peace, and stability.