Sheikh Mohamed is a 'magnificent man, we'll treat UAE magnificently,' Trump tells business leaders
Last updated: May 16, 2025 | 14:17
Sheikh Khaled with Trump, US Secretary of the Treasury Scott Bessent (extreme let), US Ambassador to UAE Martina Strong (second from left), and Abu Dhabi Investment Authority 's Managing Director Sheikh Hamed Bin Zayed Al Nahyan at Qasr Al Watan, on Friday, May 16.
AP
US President Donald Trump on Friday capped his Gulf tour in Abu Dhabi after signing another raft of multi-billion-dollar deals, while also securing a $1.4 trillion investment pledge from the UAE.
The eye-watering amounts of money in investments were accompanied also by the lifting of decades-long sanctions on Syria and renewed optimism over an Iran nuclear deal during the multi-day trip across the Gulf.
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.
"I'm just thinking we have a president of the United States doing the selling," Trump quipped, during a business roundtable alongside Abu Dhabi Crown Prince Khaled Bin Mohamed Bin Zayed.
"I think I have to be a cheerleader for our country," he added.
On Thursday, President His Highness Sheikh Mohamed Bin Zayed lauded the strong partnership between the two countries that grew under Trump's leadership and vowed to invest $1.4 trillion in the US economy over 10 years.
Sheikh Khaled Bin Mohamed with Donald Trump during the business dialogue forum in Abu Dhabi on May 16, 2025.
AFP
The White House said the two countries had also signed business deals worth more than $200 billion, including a $60 billion partnership with the Abu Dhabi National Oil Company and a $14.5 billion Etihad Airways order of Boeing planes.
"You're an amazing country. You're a rich country. You can have your choice, but I know you'll never leave my side," Trump said after the $1.4 trillion announcement on Thursday, addressing the UAE president.
"That's your biggest investment that you've ever made, and we really appreciate it," he added saying he will treat the UAE "magnificently" and that Sheikh Mohamed was "a magnificent man, and it's an honour to be with you".
AI ambitions
The White House also said both countries inked an AI agreement that will see the UAE invest in US data centres and commit to "further align their national security regulations with the United States, including strong protections to prevent the diversion of US-origin technology".
The UAE is seeking to become a leader in technology and especially artificial intelligence to help diversify its oil-reliant economy.
President Donald Trump visits on Friday St. Francis Catholic Church Baptistry at the Abrahamic Family House during the final stop of his Gulf visit.
Reuters
Later Friday, Trump toured the Abrahamic Family House, a complex opened in 2023 that houses a mosque, church and the country's first official synagogue with the aim of promoting interfaith co-existence in the Muslim nation.
'Trillions of dollars'
In Saudi Arabia, Qatar and the United Arab Emirates, Trump was greeted with lavish welcomes and hailed the three Arab leaders in return.
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 his predecessor Joe Biden's term.
He said the trip had resulted in securing "trillions of dollars" .
The deal-heavy tour also saw a major diplomatic shift. Trump became the first US president in 25 years to meet a Syrian leader, Ahmed al-Sharaa, after announcing the removal of sanctions on the war-torn country following appeals from Saudi Arabia's Prince Mohammed and Turkey's Recep Tayyip Erdogan.
During his Qatar visit, Trump said a deal was close on Iran's nuclear programme that would avert military action, sending oil prices tumbling.
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 in Abu Dhabi he conceded that "a lot of people are starving" in Gaza, under Israeli aid blockade for more than two months, vowing to "get that taken care of".
In remarks on Friday, Trump added that he would like to meet his Russian counterpart "as soon as we can set it up", after President Vladimir Putin skipped the direct Ukraine-Russia talks in Istanbul – which Trump said he had been willing to attend.