The White House has revealed that President Donald Trump has finalized significant agreements worth $200 billion (€179 billion) with the United Arab Emirates (UAE) during the concluding phase of his tour in the Persian Gulf. These agreements prominently emphasize advancements in artificial intelligence (AI), as well as investments in aviation, energy, and other industrial domains.
With previous deals totaling $600 billion (€536 billion) with Saudi Arabia and $243 billion (€217 billion) with Qatar, Trump’s Middle East journey culminates in a remarkable total of $1.4 trillion (€1.3 trillion) in investment commitments. This trip can be viewed as beneficial to all parties involved. The President aims to attract foreign investments to bolster domestic manufacturing, while the three Gulf nations are eager to foster AI development to reduce their reliance on oil.
### UAE to establish largest AI campus outside the US
A major highlight of the agreements with the UAE is the establishment of a vast 10-square-mile AI campus in Abu Dhabi, which will have a 5-gigawatt capacity dedicated to AI data centers. This project will be developed by G42, a UAE-based AI company, in collaboration with several American firms.
The US Department of Commerce (DOC) stated, “The new AI campus, the largest beyond American borders, will host prominent US hyperscalers and major enterprises, enhancing regional computing capabilities while supporting the Global South.”
Reports from Bloomberg indicate that Trump is considering a deal permitting the UAE to import up to 500,000 of Nvidia’s high-performance H100 GPUs each year through 2027, with 20% of these chips earmarked for G42.
On the previous day, Trump also finalized an $80 billion (€71 billion) AI investment agreement with Saudi Arabia, which positively impacted stock prices for Nvidia and other leading American technology companies.
Nonetheless, certain US officials have voiced concerns regarding China’s potential indirect access to advanced American AI chips through Gulf nations, despite the inclusion of protective measures in the agreements.
The DOC emphasized, “The UAE is dedicated to protecting advanced AI technologies by enforcing stringent protocols to prevent diversion and ensure regulated access.”
“This agreement represents a crucial milestone in fulfilling President Trump’s vision for American supremacy in AI,” remarked US Secretary of Commerce Howard W. Lutnick.
The UAE’s President Sheikh Mohamed bin Zayed Al Nahyan, who announced the agreement with Trump, referred to it as “a testament to the enduring collaboration between our nations in the field of artificial intelligence.”
### Additional significant agreements
Boeing and GE Aerospace have also reached an agreement with Etihad Airways, the national airline of the UAE. Etihad will undertake a $14.5 billion (€13.1 billion) investment to acquire 28 widebody aircraft, including models from the 787 and 777X series powered by GE engines.
Both enterprises have emerged as substantial beneficiaries from Trump’s tour in the region. Just one day prior, Boeing announced a massive $96 billion order with Qatar Airways. Following these agreements, Boeing shares surged to reach a 52-week peak while GE Aerospace shares attained their highest value since 2001 by the close of the market on May 15.
In the energy sector, American energy giants such as ExxonMobil, Occidental Petroleum, and EOG Resources are set to collaborate with the Abu Dhabi National Oil Company (ADNOC) to enhance oil and gas production through a $60 billion (€54 billion) deal.
Additional agreements involve projects with Emirates Global Aluminum focused on aluminium smelting and gallium production.