President Donald Trump on Thursday announced deals totaling over $200 billion between the United States and the United Arab Emirates, including a $14.5 billion commitment between Boeing BA.N, GE Aerospace GE.N and Etihad Airways, the White House said.
President Donald Trump has announced a series of agreements between the United States and the United Arab Emirates totaling over $200 billion. A significant component of these deals is a $14.5 billion commitment involving Boeing, GE Aerospace, and Etihad Airways, focusing on the acquisition of American-made aircraft.
The $14.5 billion agreement centers on Etihad Airways' investment in 28 Boeing 787 and 777X aircraft, powered by GE Aerospace engines. This deal underscores the strengthening collaboration in the aerospace sector between the two nations.
Beyond aviation, the comprehensive $200 billion package encompasses various sectors, aiming to enhance bilateral trade and investment. These agreements are expected to generate substantial economic activity and job creation in both countries.
These developments mark a pivotal step in U.S.-UAE relations, reflecting a shared commitment to economic growth and strategic partnership. The focus on aerospace and other industries signifies a forward-looking approach to mutual prosperity.
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Start your day informed with AnewZ Morning Brief: here are the top news stories for the 7th of February, covering the latest developments you need to know.
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Storm Leonardo hit Spain and Portugal on Tuesday, forcing more than 11,000 people from their homes, after a man in Portugal died when his car was swept away by floodwaters and a second body was found in Malaga.
An attacker opened fire at the gates of a Shi'ite Muslim mosque in Islamabad on Friday before detonating a suicide bomb that killed at least 31 people in the deadliest assault of its kind in the capital in more than ten years.
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Start your day informed with AnewZ Morning Brief: here are the top news stories for the 7th of February, covering the latest developments you need to know.
U.S. and Ukrainian negotiators have discussed an ambitious goal of reaching a peace agreement between Russia and Ukraine by March, though the timeline is widely viewed as unrealistic due to deep disagreements over territory, according to multiple sources familiar with the talks.
At least 31 killed, scores wounded in suicide attack on religious site in Islamabad.
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