Earth Science News
TRADE WARS
Trump caps Gulf tour in Abu Dhabi with dizzying investment pledges
Trump caps Gulf tour in Abu Dhabi with dizzying investment pledges
by AFP Staff Writers
Abu Dhabi (AFP) May 16, 2025

US President Donald Trump on Friday capped off a Gulf tour in Abu Dhabi that has seen the securing of multi-billion-dollar deals, a $1.4 trillion investment pledge from the UAE, as well as historic overtures to Syria and renewed optimism over an Iran nuclear deal.

On his first foreign tour of his second term, Trump oversaw a $200 billion order from Qatar Airways for Boeing jets and a $600 billion investment from Saudi Arabia -- including nearly $142 billion in weapons, which the White House described as the largest-ever arms deal.

Trump also expressed optimism over reaching a new agreement with Iran over its nuclear programme, and in a seismic diplomatic shift, decided to lift decades-long sanctions on Syria.

In Saudi Arabia, Qatar and the United Arab Emirates, Trump was greeted with lavish welcomes and hailed the three Arab leaders.

He said that he and Saudi Crown Prince Mohammed bin Salman "like each other a lot" -- in sharp contrast with the frosty Saudi-US relations that marked the start of Joe Biden's term.

UAE President Sheikh Mohamed bin Zayed lauded a strong partnership between the two countries that grew under Trump's leadership when he vowed to invest $1.4 trillion in the US economy over 10 years.

- Lifting of sanctions -

On Friday morning, Trump is set to attend a business roundtable and later tour the Abrahamic Family House, according to local media.

The complex opened in 2023 and houses a mosque, church and the country's first official synagogue with the aim of promoting interfaith co-existence in the Muslim nation.

In 2020, the UAE normalised ties with Israel as part of the US-brokered Abraham Accords under Trump's first administration, which also saw Israel establish diplomatic ties with Bahrain and Morocco.

On Thursday, he held talks with his counterpart President Sheikh Mohamed bin Zayed after touring the opulent Sheikh Zayed Grand mosque.

Earlier in the trip, the White House said that Saudi company DataVolt will invest $20 billion in artificial intelligence-related sites in the United States, while tech firms including Google will invest in both countries.

Trump also became the first US president in 25 years to meet a Syrian leader, Ahmed al-Sharaa, after removing sanctions on the war-torn country following appeals from Saudi's Prince Mohammed and Turkey's Recep Tayyip Erdogan.

- AI ambitions-

There was no announcement of a breakthrough on the Gaza war, which Qatar has been a key mediator, with Trump repeating claims that Washington should "take" Gaza and turn it into a "freedom zone".

But Trump said a deal was close on Iran's nuclear programme that would avert military action, sending oil prices tumbling.

He said the trip had resulted in securing "trillions of dollars" but the Gulf leaders' largesse also stirred controversy, with Qatar offering Trump a luxury aircraft ahead of his visit for presidential and then personal use, in what Trump's Democratic opponents charged was blatant corruption.

English-language Emirati newspaper The National has reported that the US and UAE were working on announcing an AI and tech partnership during Trump's visit.

The UAE is seeking to become a leader in technology and especially artificial intelligence to help diversify its oil-reliant economy.

But these ambitions hinge on access to advanced US technologies, including AI chips that were under stringent, restricted export -- which the UAE president's brother and spy chief Sheikh Tahnoon bin Zayed reportedly lobbied for during a Washington visit in March.

Earlier this week, Trump rescinded further controls on AI chips, which were imposed by his predecessor to make it harder for China to access advanced technology.

aue-aya/ds/ysm

BOEING

GOOGLE

Related Links
Global Trade News

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
TRADE WARS
China suspends some non-tariff countermeasures after US trade talks
Beijing (AFP) May 14, 2025
China on Wednesday said it was suspending some non-tariff countermeasures against the United States, in another de-escalation of the trade war with Washington following high-level talks in Switzerland. Beijing will suspend certain restrictions on dozens of US defence and aerospace firms "to implement the consensus reached at the China-US high-level economic and trade talks", a spokesperson for the Chinese commerce ministry said. US President Donald Trump in April upended international commerce w ... read more

TRADE WARS
France pledges 10 mn euros for Chernobyl repair: Europe bank

Climate change increasing risk of pregnancy problems: study

Jordan hospital treats war casualties from across Middle East

Five dead, two missing in Colombia landslide

TRADE WARS
Glasgow Lab to Test Space-Bound 3D-Printed Materials for Safety

SMART Launches WISDOM Research Group for Next-Generation 3D-Sensing Technologies

Atomic-Level Precision and Strong Oxidation Unite in GOALL-Epitaxy for Advanced Material Growth

China's Tencent posts forecast-beating Q1 revenue on gaming growth

TRADE WARS
Spongy Device Draws Water from Air Using Sunlight for Efficient Harvesting

Liquid Metal Tin Powers Sustainable Water Desalination

Only a Tiny Fraction of Deep Seafloor Mapped Over Seven Decades

Nigeria fishing river reels from changing climate

TRADE WARS
Glacier in West Antarctica Engages in Rapid Ice Piracy

Thawing permafrost dots Siberia with rash of mounds

Ice cores from tropics challenge Holocene temperature models

Summer 2024 was Lapland's warmest in 2,000 years: study

TRADE WARS
Tobacco town thrives as China struggles to kick the habit

Vertical farming holds promise for high yield and lower environmental cost

Startup helps farmers grow plant-based feed and fertilizer using wastewater

Climate change takes spice from Indonesia clove farms

TRADE WARS
Latest quake sparks fear around Naples, Italy

Over 84,000 people affected by Somalia floods since mid-April: UN

Floods in eastern DR Congo kill more than 100: local officials; Somalia floods kill seven, displace 200 families

Belgian mother and son die in Jordan floods: authorities

TRADE WARS
Kenya seeks Dominican help with Haiti anti-gang mission

On patrol for jihadists with Mauritania's camel cavalry

Burkina leader seeks stronger military ties with Russia

Strike on Sudan's Darfur kills 14 members of one family: rescuers

TRADE WARS
Versatile Call Combinations in Chimpanzees May Shed Light on the Evolution of Human Language

Sunscreen and shelter strategies may have shielded early humans from solar radiation

'Toxic beauty': Rise of 'looksmaxxing' influencers

'Toxic beauty': Rise of 'looksmaxxing' influencers

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.