Trump secured over $2 trillion in investment agreements with key Middle Eastern partners during his visit
U.S. President Donald Trump boarded the Air Force One in the UAE’s capital Abu Dhabi, marking the end of his historic Gulf tour where he secured over $2 trillion in investment agreements with key Middle Eastern partners.
Ahead of his departure, Trump toured the Moses Ben Maimon Synagogue at the Abrahamic Family House in Abu Dhabi, describing it as “Amazing.”
The president also signed a guestbook at the Abrahamic Family House and shared a message to the Emirati people, stating, “It’s just a message of unity when you look at what we’ve just seen — great unity, great faith, incredible people with a tremendous leader.”
Commenting on Trump’s Gulf tour, Stephen Miller, Deputy Chief of Staff for Policy and Homeland Security Advisor, said the president has just concluded the most successful Mideast trip in U.S. history.
“He has created a completely new foreign policy paradigm; opened up entirely new pathways for peace and stability; unlocked the region’s staggering potential around a shared desire for prosperity, security, development and commercial partnership with the United States; forged close and lasting bonds with the region’s key leaders around common values, reciprocal gain, honor and trust, and deep cultural respect; reestablished America’s rightful place of global strength and leadership; broken firmly with the failed ideologies and interventions of the past, and unlocked vast economic opportunity and investment for the American People,” he added.
Key announcements made during Trump’s Gulf tour
Trump made major announcements during his tour, which spanned Saudi Arabia, Qatar and the UAE.
Saudi Arabia
At his first stop in Saudi Arabia, he attended the Saudi-U.S. Investment Forum. Trump also secured a $600 billion investment commitment that seeks to strengthen the U.S. and Saudi Arabia’s energy security, the defense industry, technology leadership, and access to global infrastructure and critical minerals. As part of the commitment, the U.S. and Saudi Arabia signed the largest defense sales agreement in history, valued at nearly $142 billion.
In the coming months, the two countries will work to raise that number to $1 trillion.
Saudi Crown Prince Mohammed bin Salman welcomed U.S. President Donald Trump to Diriyah on Tuesday evening, where the two leaders toured the area and had dinner in the historic district due to its significance, following the conclusion of the first day of Trump’s visit to the Kingdom.
On Wednesday, Trump attended the fifth GCC-U.S. Summit. The summit addressed the current economic landscape both regionally and globally, and explored avenues for achieving peace in the region.
Qatar
On Wednesday, Trump departed Riyadh and headed to Qatar, where he signed an agreement to generate an economic exchange worth at least $1.2 trillion.
Trump also announced economic deals totaling more than $243.5 billion between the United States and Qatar, including a historic sale of Boeing aircraft and GE Aerospace engines to Qatar Airways.
UAE
On Thursday, Trump arrived in the UAE, where he was welcomed by UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan.
Trump pledged on Thursday to strengthen ties with the UAE and announced deals totalling over $200 billion. The two countries also agreed to deepen cooperation in artificial intelligence. The UAE’s announcement brought total investment agreements in the Gulf region to over $2 trillion. The new deals with the UAE build on the previously announced $1.4 trillion investment framework in the U.S.
During this visit, the UAE and the U.S. signed an agreement to build the largest AI campus outside the United States in Abu Dhabi. A new 5GW UAE-U.S. AI Campus in Abu Dhabi was unveiled at Qasr Al Watan in the presence of the UAE President and Trump.
As part of the $200 billion deal, Etihad Airways signed a $14.5 billion deal with Boeing and GE Aerospace for 28 American-made Boeing 787 and 777X aircraft.
Read: AWS and e& launch UAE sovereign cloud to power public sector digital transformation
During the visit, the UAE and the U.S. announced plans to spend $440 billion in the energy sector by 2035. The U.S. is expected to invest up to $60 billion in UAE-based energy projects.
Then, Trump held a meeting with key business leaders in Abu Dhabi. The president also viewed a presentation on “Unlocking the Energy Potential of U.S.-UAE Partnership” during his visit.
Trump also announced on Friday that the UAE and the U.S. have reached an agreement to establish a pathway for the Gulf nation to purchase some of the most advanced artificial intelligence semiconductors from American companies.