Lates News

This week, US President Trump visited three countries in the Middle East, and on the final stop in the UAE, Trump once again secured multiple economic cooperation agreements totaling USD 200 billion. These agreements involve cutting-edge technologies such as AI and cloud services, as well as energy, aviation, and critical mineral resources in multiple fields. Among them, the UAE's state-owned energy giant, the Abu Dhabi National Oil Company (ADNOC), announced during a meeting with Trump their plans to increase their investment in the US energy sector from the current USD 70 billion to USD 440 billion by 2035. This will be part of a 10-year, USD 1.4 trillion investment framework agreement reached during the March visit to the US by UAE National Security Advisor and brother of the President, Sheikh Tahnoun bin Zayed Al Nahyan.