UAE, US Deepen Investment in Key Sectors, Building on Foundational Partnership

One Year After State Visit, Record Trade and Investment Flows Marked by Economic Officials

UAE partnership contributes to US growth and job creation across key strategic sectors throughout America; US companies expand in the UAE

WASHINGTON, DC, 5 June 2026 – In line with ongoing efforts to strengthen cooperation and advance shared strategic objectives, His Excellency Khaldoon Khalifa Al Mubarak, Chairman of the United Arab Emirates’ Executive Affairs Authority, met with US Secretary of Commerce Howard Lutnick to review investments and economic impact made by both countries during the last 12 months.

One year ago, Lutnick and Al Mubarak were the respective officials appointed to initiate a UAE-US economic framework, agreed to in Abu Dhabi on May 16, 2025, during a state visit by US President Donald J. Trump to UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan.

“The UAE-US economic relationship is built on a foundation of trust and mutual growth. We are exceeding commitments we made to the US one year ago,” said Al Mubarak. “Despite regional and macroeconomic challenges, this partnership continues to deliver across key sectors, supporting jobs and economic opportunities defined by long-term impact. Together, we are accelerating the technology and energy infrastructure necessary to deepen economic investment.”

Discussions focused on the UAE's commitment to invest $1.4 trillion in the US economy over ten years, across multiple sectors including energy, manufacturing, artificial intelligence, aviation, infrastructure and healthcare as well as the US-UAE AI Acceleration Partnership. Al Mubarak and Lutnick reviewed a progress report showing the UAE significantly ahead of its first-year investment targets and supporting hundreds of thousands of jobs across America.

A central thrust of the partnership has been mobilizing global capital behind the US artificial intelligence technology stack. UAE entities are investing across its full breadth, from advanced semiconductors to large-scale AI infrastructure, and leading AI labs and applications. The projects, largely spearheaded by MGX and G42, span various US states, supporting economic growth and job creation. In parallel, the two countries are working to extend the reach of that technology stack internationally, anchored by the 5GW UAE-US AI Campus in Abu Dhabi, with the first 500MW coming online by the end of the year with significant participation by American commercial partners.

In its first year, the UAE-US economic framework has progressed from commitment to delivery across every priority sector. In energy, UAE entities, such as ADNOC, XRG and Masdar, have underpinned major US power generation and energy infrastructure partnerships. In advanced manufacturing, Emirates Global Aluminium is advancing plans to build the first new US aluminum smelter in nearly half a century, in Oklahoma. ADIA, Mubadala and L’Imad have put their sovereign authorities to work in investing across key sectors throughout the US, including but not limited to real estate, aviation and financial services.

US goods exports to the UAE reached $31.4 billion in 2025, generating a $23.8 billion US trade surplus — the largest in the MENA region and the fourth largest US goods trade surplus globally. The UAE has been the United States' top export destination in the Middle East and North Africa for 17 consecutive years. According to data released by the US Department of Commerce, total trade between the UAE and US reached a record $39 billion in 2025.

During his visit, Chairman Al Mubarak also met with Vice President JD Vance, White House Chief of Staff Susie Wiles, Secretary of the Treasury Scott Bessent and Under Secretary of State for Economic Affairs Jacob Helberg.

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