By Kelly Cloonan
The White House said it received more than $200 billion in commitments on deals with the United Arab Emirates, including a $14.5 billion order from Etihad Airways and agreements on artificial intelligence.
The latest deals join a slew of technology, aircraft and defense-related agreements announced in recent days as President Trump finishes out his four-day tour of the Middle East. The deals bring the total investment agreements in the Middle East to more than $2 trillion, the White House said.
As part of the latest agreements, Boeing and GE Aerospace will deliver 28 American-made Boeing 787 and 777X aircraft powered by GE engines for Etihad Airways. The partnership will support 60,000 U.S. jobs, the White House said.
The order adds to a growing backlog for the two companies, which received a $96 billion order from Qatar Airways on Wednesday after Trump's visit to Qatar.
The latest deals also aim to boost American energy companies, with a partnership between Exxon Mobil, Occidental Petroleum and EOG Resources with the Abu Dhabi National Oil Co. for expanded oil and natural gas production valued at $60 billion. The partnership will look to lower energy costs and create jobs in both countries, the White House said.
RTX, meanwhile, is partnering with Emirates Global Aluminum and the UAE's Tawazun Council to boost production of gallium, a key component of defense products, days after its subsidiary received a $1 billion agreement with Qatar to expand the country's counter-drone capabilities.
Qualcomm also notched further business in the region, securing partnerships with the UAE's ADIO and e& to accelerate AI adoption in the country after announcing an agreement on Tuesday to deliver AI data centers in Saudi Arabia.
The deals in the United Arab Emirates come as President Trump wraps up a four-day tour in the Middle East in an effort to boost trade with the region.
On Tuesday, the White House said Saudi Arabia committed to invest $600 billion in U.S. chip companies such as Advanced Micro Devices and other large technology companies like Alphabet, Oracle and Uber and energy company GE Vernova.
On Wednesday, Trump continued his dealmaking pursuits, notching more than $243.5 billion in agreements with Qatar, the White House said.
These are some of the notable deals inked during President Trump's Middle East visit:
- Nvidia will sell about 18,000 chips and AMD will sell about $10 billion in processors to Saudi Arabia's Humain. Cisco Systems also said it will enter a multiyear partnership with the country's AI initiative.
-Google, Oracle, Salesforce, AMD and Uber are committing $80 billion in technology investment in Qatar and Saudi Arabia.
-Saudi Arabia's DataVolt will invest $20 billion in Super Micro AI data centers and energy infrastructure in the U.S.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
05-16-25 1251ET
