US and UAE sign $200bn in strategic deals

The United States and the United Arab Emirates (UAE) on Thursday announced over $200bn in agreements across aerospace, energy, and advanced technology.

Etihad Airways committed $14.5bn to purchase 28 Boeing 787 and 777X aircraft with GE engines. Emirates Global Aluminum will invest $4bn in a new aluminum smelter in Oklahoma, according to Xinhua.

ExxonMobil, Occidental Petroleum, and EOG Resources will partner with Abu Dhabi National Oil Company on a $60bn oil and gas expansion. RTX will collaborate with Emirates Global Aluminum and the UAE’s Tawazun Council on a Gallium project.

President Donald Trump concluded his Middle East tour with a visit to the UAE, where the country pledged to invest $1.4trn in the US over the next decade, Xinhua reported.