His Excellency Khaldoon Al Mubarak, Chairman of the United Arab Emirates’ Executive Affairs Authority and CEO of Mubadala, met with U.S. Secretary of Commerce Scott Bessent in Washington today to assess FDI inflows into the U.S. economy over the past year.
UAE companies are currently involved in substantial power generation projects across the U.S., while Emirates Global Aluminium is poised to establish the first new aluminium smelter in decades in Oklahoma.
UAE-U.S. Trade Flows
This collaboration has also proven lucrative for both economies.
U.S. goods exports to the UAE reached $31.4B in FY25, creating a $23.8B surplus: the largest for the U.S. in the MENA region and the fourth largest globally.
UAE FDI Commitments
The UAE committed to invest $1.4T in the U.S. economy over the next decade, focusing on critical sectors such as energy, manufacturing and artificial intelligence.
Investments will also extend into advanced semiconductors and AI infrastructure, driven by Abu Dhabi backed state firms: MGX and G42.
UAE AI Trends: U.S. & Europe
Abu Dhabi is also investing in AI infrastructure projects across Europe.
Al Mubarak was in France earlier this week, where he signed a partnership to expand Campus AI in the European nation, alongside President Macron and Mistral AI: France’s leading AI firm.
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