UAE and US Forge $1 Trillion Economic Partnership with Tech at the Forefront
The economic partnership between the United Arab Emirates and the United States produces a $1 trillion worth of joint investments in aerospace, energy, manufacturing, technology, healthcare, and life sciences industries. The partnership between both countries helps US states create work opportunities while developing new technology solutions. In 2024, United States exports amounted to $27 billion, while their total trade value with the United Arab Emirates reached $34.4 billion and became the third-largest trade surplus for the United States that year. Both countries have recently added technology collaborations to their longstanding business partnership as their main investment focus.
Major Tech Investments Accelerate Digital Growth
Since 2007, Mubadala initiated its investments in US technology when it put $622 million into AMD the semiconductor manufacturer. In 2009, Mubadala established GlobalFoundries which became the third-ranking chipmaker worldwide despite employing only 3,000 people while creating 15,000 jobs indirectly in New York. In 2020, Mubadala led a $2.25 billion Waymo investment to prove its ongoing dedication to American technology breakthroughs. In December 2024 Mubadala invested funds into Zelis to boost US technology assets.
Data Infrastructure and AI Partnerships Shape Future Growth
During September 2024 MGX from the UAE created a $30 billion AI infrastructure fund together with American partners through a partnership with BlackRock GIP and Microsoft. After this, MGX took part in OpenAI’s $6.6 billion fundraising and led investments into San Francisco-based Databricks, worth $10 billion in December. In early 2025 EDGNEX by DAMAC started a $20 billion effort to construct data center facilities throughout multiple states in the USA as part of their commitment to digital development in America.
