President Donald Trump ended his Gulf tour with announcements of major U.S.-UAE cooperation on AI semiconductors and energy, reinforcing economic ties amid broader regional developments.
President Donald Trump concluded a four-day tour of Saudi Arabia, Qatar and the United Arab Emirates (UAE) on Friday, highlighting a series of high-value agreements between the U.S. and Gulf nations. Among the key outcomes was a preliminary agreement that paves the way for the UAE to purchase advanced AI semiconductors from American firms, supporting Abu Dhabi’s ambition to emerge as a global centre for artificial intelligence.
The AI deal comes as the UAE seeks to balance its longstanding alliance with the United States and its expanding economic partnership with China. The agreement includes provisions that data centres involved in the technology transfer be operated by U.S. companies, reflecting concerns about security and strategic oversight.
President Trump described the agreement as “a very big contract,” adding that it would contribute “billions and billions of dollars in business” and accelerate the UAE’s AI development goals.
Alongside the AI initiative, the UAE announced plans to increase its investments in the U.S. energy sector to $440 billion by 2035, up from $70 billion at present. This commitment was presented by Sultan Al Jaber, CEO of Abu Dhabi National Oil Company (ADNOC), who also noted reciprocal investments from American energy firms in UAE-based projects. Key U.S. companies involved include ExxonMobil, Occidental Petroleum (Oxy), and EOG Resources.
The trip also marked follow-up actions from a previously announced $1.4 trillion UAE investment framework targeting U.S. sectors such as energy, AI, and manufacturing. A new $14.5 billion deal was confirmed between Etihad Airways and Boeing for the purchase of 28 aircraft.
On the diplomatic front, Trump met with Syria’s interim leader and confirmed the U.S. decision to lift sanctions on the country. This move, supported by Saudi Arabia, enabled an $800 million agreement between Syria and UAE-based DP World to develop the port of Tartous. Trump stated that the policy shift was unilateral and not discussed with Israel.
Commenting on broader regional policy, Trump expressed optimism about future cooperation between Syria and Israel and encouraged Syrian participation in the Abraham Accords. He also noted progress in discussions with Iran regarding a potential nuclear agreement, stating that Tehran had received a U.S. proposal and acknowledged the urgency of negotiations.
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The European Union reiterated its strong support for the International Criminal Court after the U.S.sanctioned four of its judges.
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Tesla’s shares declined by about 14.2% on Thursday, reducing the company’s market value by roughly $152 billion, as Elon Musk and Donald Trump publicly exchanged criticisms on social media.
42 thousands of secondary school students sat for state exams in rebel-held eastern Congo this week, a complicated logistical feat requiring rare cooperation between the government and M23 rebels.
The European Union reiterated its strong support for the International Criminal Court after the U.S.sanctioned four of its judges.
The European Central Bank has reduced its three key interest rates by 25 basis points, aligning with expectations and reflecting progress toward its inflation target.
Centrica, owner of British Gas, has agreed to a £20 billion deal with Norway’s Equinor to supply nearly 10% of the UK’s gas needs annually for the next decade, supporting energy security while paving the way for future hydrogen integration.
Officials from Turkmenistan and the Republic of Türkiye held comprehensive consultations at the Ministry of Foreign Affairs of Turkmenistan today, reaffirming their commitment to deepening bilateral ties across political, diplomatic, economic, and cultural spheres.
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Federal authorities have arrested 14 suspects in Los Angeles linked to an Armenian organized crime ring accused of stealing $30 million in COVID relief and Small Business loans intended to support American taxpayers.
42 thousands of secondary school students sat for state exams in rebel-held eastern Congo this week, a complicated logistical feat requiring rare cooperation between the government and M23 rebels.
The European Union reiterated its strong support for the International Criminal Court after the U.S.sanctioned four of its judges.
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Start your day informed with AnewZ Morning Brief: here are the top news stories for June 6th, covering the latest developments you need to know.
Uzbekistan and Jordan secured historic World Cup berths for the first time on Thursday, while South Korea confirmed their place and Australia edged closer in Asia's qualification campaign for the 2026 tournament in North America.
42 thousands of secondary school students sat for state exams in rebel-held eastern Congo this week, a complicated logistical feat requiring rare cooperation between the government and M23 rebels.
The European Union reiterated its strong support for the International Criminal Court after the U.S.sanctioned four of its judges.
The European Central Bank has reduced its three key interest rates by 25 basis points, aligning with expectations and reflecting progress toward its inflation target.
Centrica, owner of British Gas, has agreed to a £20 billion deal with Norway’s Equinor to supply nearly 10% of the UK’s gas needs annually for the next decade, supporting energy security while paving the way for future hydrogen integration.
Officials from Turkmenistan and the Republic of Türkiye held comprehensive consultations at the Ministry of Foreign Affairs of Turkmenistan today, reaffirming their commitment to deepening bilateral ties across political, diplomatic, economic, and cultural spheres.
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