Skip to content
Options Trading Report

Options Trading Report

Primary Menu
  • Home
  • Business
  • Domestic
  • Economy
  • Money
  • Top News
  • Newsletters
  • Home
  • 2024
  • September
  • UAE foreign minister says his country is doubling down on U.S. ties

UAE foreign minister says his country is doubling down on U.S. ties

Editor September 27, 2024

DUBAI (Reuters) – The United Arab Emirates is strengthening its relationship with the United States, the Gulf state’s foreign minister said on Friday, a sign of warmer relations after several friction points during the Biden presidency.

Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan made his comments after the UAE’s ruler held separate talks this week with U.S. President Joe Biden, Democratic presidential candidate Kamala Harris and Republican candidate Donald Trump.

Emirati leader Sheikh Mohamed bin Zayed Al Nahyan was making his first visit to the U.S. as president. It was also the first visit by a sitting Emirati president to the U.S. since the UAE was established in 1971.

During the visit, Biden recognised the Gulf state as a major defence partner.

“My country, the UAE, is doubling down on its relationship with the U.S.,” Sheikh Abdullah said in a statement to Reuters without providing details.

He said that being recognised as a major defence partner was a welcome development that mirrored a confidence in U.S. policy.

The UAE is a security partner of the U.S., having fought alongside American forces in several military campaigns, including the war in Afghanistan, and U.S. troops are stationed in Abu Dhabi. The UAE also depends on the U.S. security umbrella in the Gulf.

But Washington has been concerned about the UAE’s warm relationship with China and the U.S. commitment to the Gulf state’s security.

Sheikh Abdullah, the foreign minister, said Abu Dhabi looked forward to continuing to work with Washington.

“The UAE remains very bullish about the U.S.,” he said.

This year, Washington and Abu Dhabi deepened cooperation on artificial intelligence but only after a state-backed Emirati technology firm committed to pulling out Chinese hardware from its systems and selling Chinese investments.

Microsoft is now a key investor in the state-backed firm, G42. Sheikh Mohamed this week met Microsoft CEO Satya Nadella and chipmaker Nvidia CEO Jensen Huang.

(Writing by Alexander Cornwell; Editing by Timothy Heritage and Cynthia Osterman)

Continue Reading

Previous: Clock is ticking for US recession, return of Fed’s QE, says black swan fund
Next: Oil prices fall as expectations of higher supplies hammer market sentiment

Live Market Pulse

The charting technology is provided by TradingView. Learn how to use theTradingView Stock Screener.

Want More Market News?
Add your email address below to get up to date market news and more!
By submitting the form you agree to the Privacy Policy of Options Trading Report and agree to receive our email updates and special offers. As a bonus, you will also get a free subscription to MTA Trade of the Day, Privacy Policy. You will receive special offers and advertisements from Options Trading Report and MTA Trade of the Day and our affiliates. You may unsubscribe at any time.

Search

Recent Posts

  • Copper glut driven by tariff threat to deflate US price bubble
  • Exclusive-Oil giant Saudi Aramco in talks with Commonwealth LNG for offtake agreement, sources say
  • Nvidia becomes first company to hit $4 trillion in market value
  • Trump administration to subpoena Harvard for information on foreign students
  • Analysis-Copper glut driven by tariff threat to deflate US price bubble

Categories

  • Business
  • Market News
  • Newsletters
  • Options
  • Reflections

You may have missed

  • Newsletters

Copper glut driven by tariff threat to deflate US price bubble

Editor July 9, 2025
2025-07-09T153930Z_2_LYNXMPEL680QD_RTROPTP_4_SAUDI-ARAMCO-POWER-PLANTS
  • Business

Exclusive-Oil giant Saudi Aramco in talks with Commonwealth LNG for offtake agreement, sources say

Editor July 9, 2025
2025-07-09T143503Z_1_LYNXMPEL680O8_RTROPTP_4_NVIDIA-RESULTS

Nvidia becomes first company to hit $4 trillion in market value

Editor July 9, 2025
2025-07-09T135607Z_2_LYNXMPEL680MC_RTROPTP_4_USA-TRUMP-HARVARD-CANADA

Trump administration to subpoena Harvard for information on foreign students

Editor July 9, 2025
  • Home
  • Terms of Service
  • Privacy Policy
  • Disclaimer
  • Contact Us
Copyright 2025 © All rights reserved | Options Trading Report | optionstradingreport.com