President Sheikh Mohamed and US President Donald Trump during his state reception at Qasr Al Watan. Abdulla Al Neyadi / UAE Presidential Court
President Sheikh Mohamed and US President Donald Trump during his state reception at Qasr Al Watan. Abdulla Al Neyadi / UAE Presidential Court
President Sheikh Mohamed and US President Donald Trump during his state reception at Qasr Al Watan. Abdulla Al Neyadi / UAE Presidential Court
President Sheikh Mohamed and US President Donald Trump during his state reception at Qasr Al Watan. Abdulla Al Neyadi / UAE Presidential Court

US and UAE agree to more than $200bn in commercial deals, White House says


Jihan Abdalla
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Live updates: Follow the latest on Trump's Gulf trip

The US on Thursday announced major commercial investments with the UAE worth $200 billion during President Donald Trump's state visit to Abu Dhabi, which marks the last leg of his Gulf tour.

The White House said the strategic partnership between the US and the UAE "has spanned decades and supported the prosperity and security of Americans and Emiratis".

Under the deal, Etihad Airways will be equipped with 28 American-made 787 and 777X planes from US plane maker Boeing, as well as investments in AI and technology.

The agreements also include a $60 billion deal between ExxonMobil, Occidental Petroleum and EOG Resources with Adnoc for expanded oil and natural gas production, and an investment by Emirates Global Aluminium to develop a $4 billion primary aluminium smelter project in Oklahoma.

Another agreement between Qualcomm, the Abu Dhabi Investment Office and e&, formerly known as Etisalat, is expected to lead to the construction of a new Global Engineering Centre in Abu Dhabi that will focus on AI, data centres and industrial Internet of Things.

And Amazon Web Services, e& and the UAE Cybersecurity Council will launch a Sovereign Cloud Launchpad to accelerate public cloud services adoption in the Emirates.

The White House also said RTX would link up with Emirates Global Aluminium and the UAE’s Tawazun Council on a pioneering Gallium project that will help to secure and stabilise the US critical mineral supply chain.

Holtec International and IHC Industrial Holding Company will also enter into co-operation to build a fleet of Holtec’s SMR-300 small modular reactors, starting at the Palisades site in Michigan.

Mr Trump, who became President for a second time in January, has made securing investments in the US a main policy goal.

"These deals lay the foundation for investment, innovation and good-paying US jobs, including in frontier technologies, aerospace, energy and critical minerals," the White House said. It added that the deals would build on the UAE’s "landmark commitment to a 10-year, $1.4 trillion investment framework".

The newly announced deals with the UAE come after the US announced agreements worth $600 billion with Saudi Arabia and a series of agreements with Qatar, including Qatar Airways placing an order for 160 aircraft worth more than $200 billion from Boeing.

11 cabbie-recommended restaurants and dishes to try in Abu Dhabi

Iqbal Restaurant behind Wendy’s on Hamdan Street for the chicken karahi (Dh14)

Pathemari in Navy Gate for prawn biryani (from Dh12 to Dh35)

Abu Al Nasar near Abu Dhabi Mall, for biryani (from Dh12 to Dh20)

Bonna Annee at Navy Gate for Ethiopian food (the Bonna Annee special costs Dh42 and comes with a mix of six house stews – key wet, minchet abesh, kekel, meser be sega, tibs fir fir and shiro).

Al Habasha in Tanker Mai for Ethiopian food (tibs, a hearty stew with meat, is a popular dish; here it costs Dh36.75 for lamb and beef versions)

Himalayan Restaurant in Mussaffa for Nepalese (the momos and chowmein noodles are best-selling items, and go for between Dh14 and Dh20)

Makalu in Mussaffa for Nepalese (get the chicken curry or chicken fry for Dh11)

Al Shaheen Cafeteria near Guardian Towers for a quick morning bite, especially the egg sandwich in paratha (Dh3.50)

Pinky Food Restaurant in Tanker Mai for tilapia

Tasty Zone for Nepalese-style noodles (Dh15)

Ibrahimi for Pakistani food (a quarter chicken tikka with roti costs Dh16)

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UPI facts

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Chef Nobu's advice for eating sushi

“One mistake people always make is adding extra wasabi. There is no need for this, because it should already be there between the rice and the fish.
“When eating nigiri, you must dip the fish – not the rice – in soy sauce, otherwise the rice will collapse. Also, don’t use too much soy sauce or it will make you thirsty. For sushi rolls, dip a little of the rice-covered roll lightly in soy sauce and eat in one bite.
“Chopsticks are acceptable, but really, I recommend using your fingers for sushi. Do use chopsticks for sashimi, though.
“The ginger should be eaten separately as a palette cleanser and used to clear the mouth when switching between different pieces of fish.”

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May 2017

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Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

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Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

Global state-owned investor ranking by size

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United States

2.

China

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UAE

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Japan

5

Norway

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Canada

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Singapore

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Australia

9.

Saudi Arabia

10.

South Korea

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Updated: May 16, 2025, 6:17 AM