Qatar to invest $10B in U.S. military base, says Trump

Reuters

U.S. President Donald Trump announced Qatar's plans to invest $10 billion in the Al Udeid Air Base, alongside a $42 billion Qatari defense purchase, during his Gulf tour, which has fostered significant diplomatic and business developments.

President Donald Trump revealed that Qatar will allocate $10 billion in coming years to expand the Al Udeid Air Base near Doha, the largest U.S. military facility in the Middle East. Speaking to U.S. troops stationed there, Trump also highlighted $42 billion in Qatari defense deals signed during his visit.

Trump’s Gulf tour has facilitated notable agreements, including Qatar Airways' purchase of up to 210 Boeing widebody jets and a $600 billion Saudi investment commitment in the U.S.

Trump is set to meet UAE leaders in Abu Dhabi, where artificial intelligence (AI) is expected to dominate discussions. A preliminary U.S.-UAE deal for 500,000 advanced Nvidia AI chips annually is under consideration, aimed at bolstering the UAE’s AI capabilities and data infrastructure. 

The president’s trip has underlined his focus on strengthening ties with Gulf nations, potentially positioning the region as a significant player in global AI alongside the U.S. and China.

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