Prime Highlights:
- Abu Dhabi’s delegation signed multiple agreements with US businesses and investors to strengthen trade and investment ties across key sectors.
- The ADX Investor Conference and Abu Dhabi Investment Forum provided platforms for partnerships, showcasing Abu Dhabi as a leading financial and business hub.
Key Facts:
- UAE-US trade grew 8.5% in 2024 to $34.4 billion, making the UAE the US’s largest trading partner in the Middle East, supporting over 184,000 jobs.
- Abu Dhabi has pledged $1.4 trillion over the next decade in sectors including infrastructure, energy, manufacturing, technology, space, and aviation.
Key Background:
The Abu Dhabi Department of Economic Development (ADDED) and its high-level delegation signed an agreement with the US businesses and organizations to enhance trade and investment.
The delegation visited New York to meet business and investment leaders during their seven-day visit to discuss collaboration. The agreements cover areas like startups, family businesses, SMEs, digital infrastructure, new energy, advanced manufacturing, and financial services.
The delegation, led by HE Ahmed Jasim Al Zaabi, Chairman of ADDED, included more than 100 senior representatives from both government and private sectors. Key members included HE Ghannam Al Mazrouei, Chairman of the ADX Group; HE Hamad Sayah Al Mazrouei, Undersecretary of ADDED; HE Badr Al Olama, Director General at Abu Dhabi Investment Office (ADIO); HE Rashed Lahej Al Mansoori, Director General at Abu Dhabi Customs; and HE Shamis Al Dhaheri, Second Vice Chairman and Managing Director at Abu Dhabi Chamber of Commerce and Industry.
As part of the visit, the delegation participated in the ADX Investor Conference in New York, organized in collaboration with Morgan Stanley. The event featured 15 of Abu Dhabi’s biggest listed companies, worth over $300 billion in total, and included more than 100 one-on-one meetings with US investors managing over $10 billion. The conference showed ADX as one of the fastest-growing exchanges and highlighted Abu Dhabi as a major financial hub.
The Abu Dhabi Investment Forum (ADIF), organized with ADIO and ADGM, gave executives and investors a chance to explore partnerships and investment opportunities in growing sectors. The Oxford Business Group round table with BCIU noted the development in the evolution of Abu Dhabi and its prospects in the fields of technology, clean energy, logistics, manufacturing, real estate, finance, and food.
In 2024, UAE-US trade increased 8.5% to reach 34.4 billion, and the UAE is the largest trading partner of the US in the Middle East, which contributes to more than 184,000 jobs. Abu Dhabi intends to spend 1.4 trillion within the next 10 years in the infrastructure, energy, manufacturing, technology, space, and aviation.
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