UAE President to begin state visit to US on Sept 23

UAE President Sheikh Mohamed bin Zayed Al Nahyan will embark on his first official visit to the US as President on Monday, September 23, aiming to strengthen UAE-US ties.

During his meeting with President Joe Biden, the two leaders will focus on enhancing cooperation in key sectors such as the economy, investment, technology, renewable energy and climate action.

The UAE-US relationship, which spans more than five decades, is marked by robust economic ties, with bilateral trade reaching $31.4bn in 2023.

The US exported $24.8bn of goods and services to the UAE, marking a 19 per cent increase from 2022, resulting in an $18.3bn trade surplus – the fourth largest for the US globally.

The UAE’s trade with all 50 US states supports 166,000 American jobs, underscoring the economic significance of the relationship.

UAE-US collaboration across different sectors

Renewable energy will be a focal point, with the UAE’s Masdar company leading major investments in US states like Texas and California.

Read: Masdar acquires stake in US clean energy producer Terra-Gen

Technological collaboration is also critical, with partnerships between the UAE’s G42 and Microsoft Azure driving advancements in AI and cloud computing.

The visit will further address ongoing joint efforts in space exploration, with UAE entities working closely with NASA and US-based space companies.

The UAE’s investments in the US, valued at over $1tn, span sectors like real estate and renewable energy, contributing significantly to the US economy and job creation.

Ties are expected to deepen as Sheikh Mohamed and President Biden explore ways to enhance their countries’ shared vision for a sustainable and prosperous future.