Monday, May 4, 2026

Trump wraps up Gulf tour, says ‘great progress’ on UAE-US investment deals

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US President Donald Trump on Thursday said the United States is making “great progress” on a landmark $1.4 trillion investment deal with the United Arab Emirates, which includes major projects in artificial intelligence and semiconductors.Speaking as he wrapped up his four-day West Asia tour, Trump described the scale of investment as something “never seen before” in the country’s history.
The $1.4 trillion framework, finalised on Thursday according to Al Jazeera, includes the UAE’s commitment to invest in US-made semiconductors and to build the world’s largest AI campus outside the United States.
In addition to this broader framework, Trump announced over $200 billion in deals already signed between the two countries during his visit, positioning them as core partners in next-generation tech.The deal also entails funding new US-based data centres on par with those developed in the UAE, the White House said.

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“This will generate billions and billions of dollars in business and accelerate the UAE’s plans to become a really major player in Artificial Intelligence,” Trump said. He added that the US–UAE relationship was now at a “higher level.”

Referring to rising economic alliances with Gulf nations, Trump declared, “We are going to do $12–14 trillion in investments—some were announced, some will be shortly announced.”

The president was received with grand fanfare across Saudi Arabia, Qatar and the UAE—where his warm reception and packed business agenda cemented his standing in the region. “We’ve done something we’re very proud of,” he said, boarding his return flight to the US.

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