Abu Dhabi, US sign key deals to boost trade, investment ties

Abu Dhabi, US sign key deals- GCC Business News
Image Credits: ADMO | Cropped by GBN
By Desk Reporter, GCC Business News

A high-level economic delegation from Abu Dhabi, led by the Abu Dhabi Department of Economic Development (ADDED), has signed agreements with business, financial, and advanced technology organizations to further enhance the strong trade and investment ties with the US.

During the 7 day-visit to New York, the delegation engaged in meetings with business and investment leaders in the US, exploring collaboration opportunities. The visit witnessed several agreements to enhance cooperation in different sectors and areas including startups, family businesses, SMEs, digital infrastructure, new energy, advanced manufacturing, and financial services.

The Abu Dhabi delegation engaged in 40 meetings with top government officials as well as key businesses and investors. Led by HE Ahmed Jasim Al Zaabi, Chairman of ADDED, the delegation comprised of more than 100 senior representatives from government and private sectors.

This included HE Ghannam Al Mazrouei, the 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, Abu Dhabi Chamber of Commerce and Industry.

Senior officials and executives from the delegation also participated in the ADX Investor Conference in New York, organized by the exchange in collaboration with Morgan Stanley. The event brought together 15 of Abu Dhabi’s largest listed companies from diverse sectors, with a combined market capitalization exceeding $300 billion, and featured more than 100 one-on-one meetings with leading US institutional investors managing assets of over $10 billion.

Recognized among the world’s top 20 exchanges and one of the fastest growing globally, ADX is cementing Abu Dhabi’s position as a dynamic and resilient leading financial hub.

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HE Ahmed Jasim Al Zaabi
Chairman – ADDED

“We are proud of our strong and evolving partnership with the US. This visit has enabled us to build more collaborative initiatives to harness new trends, mega shifts, and technological transformations witnessed by the global economy. Backed by five decades of fruitful cooperation, our trade and investment ties with the US continue on an upward trajectory. In the past five years, Abu Dhabi’s non-oil trade with the US grew by 28.4 percent and US companies starting to do business in Abu Dhabi witnessed a 52.9 percent CAGR. Mutual investments are also increasing and expanding, supercharging growth across various sectors and industries, and creating thousands of jobs.”

The chairman further said that this steady and impressive growth reflects the depth and strength of our cooperation with the US, thus remaining committed to enhance it further, enabling businesses and investors to grow, thrive, and expand.

The Abu Dhabi Investment Forum (ADIF) in New York, organized in partnership with ADIO and ADGM, provided a suitable platform to senior executives, institutional investors, and officials to explore new opportunities for bilateral partnership and investment through dedicated panel discussions on Abu Dhabi’s high-growth sectors.

The Family Business roundtable, organized by Abu Dhabi Chamber and the Business Council for International Understanding (BCIU), highlighted the emirate’s ongoing economic transformation, showcasing investment opportunities, and reinforcing Abu Dhabi’s role as a global business and investment hub.

The Chamber convened high-level meetings between leading Emirati family businesses and American companies, advancing partnerships across technology, clean energy, logistics, manufacturing, real estate, infrastructure, finance, and the food industry. These sessions strengthened channels for investment, knowledge exchange, and long-term cooperation.

In 2024, UAE-US trade grew 8.5 percent to $34.4 billion, making the UAE the US’s largest Middle East trading partner, with ties across all 50 states supporting over 184,000 jobs. Abu Dhabi has pledged $1.4 trillion over the next decade, targeting AI, infrastructure, energy, advanced manufacturing, technology, space, and aviation.

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