UAE is powering along with US technology co-operation, Yousef Al Otaiba says

Despite the ongoing US war with Iran and disruptions to shipping in the Strait of Hormuz, UAE continues to advance its investment and technology plans with America, according to UAE Ambassador to Washington Yousef Al Otaiba. In a letter to the US-UAE Business Council, Al Otaiba stated that neither the UAE nor its council members faltered in the face of the conflict's challenges, emphasizing their close partnership with the US.

He highlighted that their commitments to the United States remain steadfast, with major investments progressing and expanded access to advanced technology creating new opportunities. Al Otaiba also noted that the UAE has earned its status as one of America's most trusted partners and vowed not to jeopardize this trust. The UAE was recently upgraded by the US Department of Commerce, granting it enhanced favorable treatment for exporting and transferring US military equipment, satellites, spacecraft, and artificial intelligence and energy technology.

This upgrade is expected to further strengthen the UAE-US relationship. Al Otaiba cited examples of successful deals, such as Space42 signing a $1 billion communications deal with US-based Viasat, and Emirates, Etihad, and flydubai placing over $65 billion worth of orders for Boeing aircraft with General Electric engines. The UAE's $1.4 trillion technology investment framework in the US is also progressing ahead of schedule, with significant capital investment already underway.

Despite geopolitical obstacles, the UAE-US connection has been strengthened, and the Emirates is committed to protecting US technology and creating more opportunities for both nations.