AD CP, US President participate in UAE–US Business Dialogue

The event highlighted ongoing and future areas of collaboration between the two countries across a broad range of shared interests. It also reviewed progress under the landmark US$1.4 trillion investment plan in the US, announced in Washington, DC earlier this year, through which Emirati investment institutions are contributing to strategic sectors such as energy, artificial intelligence, advanced technology, and industry.

Held as part of President Trump’s state visit to the UAE, which began on Thursday, the dialogue aimed to expand economic and investment cooperation between the two countries, in support of economic growth, job creation, and innovation in both nations.

Several new agreements were announced during the event across key sectors including energy, healthcare, aviation, industry, AI, advanced technology, entertainment, sports, and tourism.

In the energy sector, strategic agreements were announced to facilitate up to US$60 billion in American investments in UAE energy projects. These included ADNOC’s development plan with ExxonMobil to boost production capacity at the Upper Zakum offshore field; a separate agreement with Occidental to explore increasing capacity at the Shah Gas field; and the awarding of a new concession for unconventional oil and gas exploration in Abu Dhabi to EOG Resources. In addition, XRG signed a framework agreement with Occidental’s subsidiary 1PointFive to explore a major investment in a direct air capture (DAC) facility in Texas. The two sides also agreed to launch a comprehensive strategic partnership in the energy sector.

In aviation, Etihad Airways, the national airline of the UAE, confirmed an order for 28 Boeing 787 and 777X aircraft, equipped with GE engines, as part of its ongoing fleet expansion strategy.

In technology and innovation, Abu Dhabi Investment Office (ADIO) announced a partnership with Qualcomm to establish an advanced global engineering centre in Abu Dhabi focused on next-generation IoT, AI, and data centre solutions. The facility will become Qualcomm’s newest global engineering hub and will support strategic initiatives in the emirate through collaboration with local and international companies based in Abu Dhabi. It will also strengthen the UAE’s global engineering capabilities by delivering tailored products and services across key sectors such as energy, industry, logistics, retail, and smart mobility.

Additionally, e& and Qualcomm announced collaboration to accelerate the development of advanced connectivity, 5G, and AI technologies, supporting digital transformation in key government and industrial sectors. e& also launched a sovereign cloud platform in the UAE in partnership with Amazon Web Services, designed to accelerate the adoption of cloud computing and AI across multiple sectors. The UAE Sovereign Launchpad, powered by AWS, delivered by e&, and endorsed by the UAE Cybersecurity Council, marks a new era in public cloud enablement across the country.

In manufacturing, Emirates Global Aluminium (EGA) announced progress in its plans to build the first new primary aluminium production plant in the US since 1980. EGA will invest US$4 billion in the project. EGA also signed an agreement with the Tawazun Council and RTX to explore opportunities for developing gallium production capabilities in Abu Dhabi.

In the healthcare sector, several initiatives were announced focused on leveraging advanced technologies and research to accelerate medical innovation and improve patient outcomes. These included a collaboration between M42 and Oracle Health to enhance healthcare data systems and genomics capabilities using advanced technologies, and a joint initiative between G42, Oracle Health, and the Cleveland Clinic to launch a global AI-powered healthcare delivery platform.

In the sports, entertainment, and tourism sectors, both sides reviewed several joint initiatives, including the Disney Theme Park Resort project in Abu Dhabi. Abu Dhabi will continue hosting UFC championship events and NBA preseason games. The Guggenheim Abu Dhabi museum project is also on track to open in the UAE capital.