• Qatar commits at least $1.2T of investments, including $96B Boeing deal

• UAE announces $1.4T investment framework with US over next decade and establishment of an AI Campus in Abu Dhabi, largest outside of US, as well as $200B deals 

ISTANBUL

From economic and business investments to arms deals and artificial intelligence (AI) projects, US President Donald Trump's four-day Gulf tour generated trillions of dollars in new business and investment announcements.

While the world watched for remarks on policy and diplomacy, Trump struck many deals. The visit turned into a showcase for investment and business diplomacy.

“It's been a tremendous time, and now it's time to go back home,” Trump said Friday at the opening ceremony of the US-UAE Business Dialogue.​​​​​​​

The UAE was Trump's third and final stop on his regional trip, following Saudi Arabia and Qatar, where he held high-level meetings on regional security, investment, and technology cooperation.

In the end, the White House announced that the three Gulf countries had signed investment agreements worth more than $2 trillion.

Saudi Arabia

Trump began his tour on Tuesday with a visit to Saudi Arabia, his first during his second term and his second overall since his first visit in 2017.

The trip opened with a bilateral summit between Trump and Crown Prince Mohammed bin Salman, after which the two sides signed a “Strategic Economic Partnership Document” and 12 bilateral agreements across multiple sectors.

The Saudi stop also featured major investment pledges, with Riyadh announcing an investment pledge worth $600 billion in the US, even though Trump previously stated that he would ask the Saudis to "round out" their promised $600 billion to "around $1 trillion" after speaking with Crown Prince Mohammed bin Salman in January.

Additionally, a massive arms deal was signed on Tuesday between the two countries, which the White House described as “the largest defense sales agreement in history.”

According to a statement from the White House, the agreement includes defense sales worth approximately $142 billion, aimed at supplying Saudi Arabia with advanced combat equipment.

The US chip company Nvidia and Saudi state-run AI company Humain also got a prospective deal, to provide chips to the Saudi firm for AI factories.

Nvidia CEO Jensen Huang accompanied Trump on his visit to the kingdom, where he announced a strategic partnership with the Saudi firm during an investment forum.

An Nvidia statement said over the next five years, the Humain will invest in Saudi Arabia to establish AI factories with a capacity of up to 500 megawatts.

Qatar

On Wednesday, Trump continued his tour with a visit to Qatar, becoming only the second US president to do so since George W. Bush in 2003.

According to a White House statement, Trump concluded economic deals with Qatar exceeding $243.5 billion, including a $96 billion sale of Boeing aircraft and General Electric aviation engines to Qatar Airways.

The White House also announced a broader strategic economic agreement between the two countries, valued at least $1.2 trillion.

Speaking from Al Udeid Air Base, the largest US military installation in the region, Trump touted a $42 billion arms deal with Doha.

The agreement includes the sale of Terminal High Altitude Area Defense (THAAD) missile systems, Pegasus (KC-46) refueling aircraft, and MQ-9B Sky Guardian drones. Qatar, he added, “will also be investing $10 billion to support this massive base in the coming years.”​​​​​​​

The White House's statement also mentioned a deal with the American company Parsons for energy development and a pledge from the Qatari company Al Rabban Capital to invest $1 billion in "state-of-the-art quantum technologies and workforce development in the United States."

Raytheon signed a $1 billion contract to provide Qatar with counter-drone capabilities, according to the White House. This makes Qatar "the first international customer for Raytheon’s Fixed Site - Low, Slow, Small Unmanned Aerial System Integrated Defeat System (FS-LIDS) designed to counter unmanned aircraft."

Separately, General Atomics agreed to supply Qatar with MQ-9B SkyGuardian surveillance drones for $2 billion.

UAE

The US president arrived in the United Arab Emirates on Thursday, marking the tour's final stop and the first visit by a US president to the UAE in 17 years, since former President George W. Bush's 2008 visit.

Trump was received by UAE President Sheikh Mohamed bin Zayed Al Nahyan at Qasr Al Watan in Abu Dhabi.

Following their talks, the two leaders presided over a signing ceremony for agreements in sectors including defense, security, artificial intelligence, and trade.

According to a White House statement, new deals signed during the UAE visit totaled up to $200 billion.

Al Nahyan also said the UAE plans to invest $1.4 trillion in the US over the next decade.

A new 5GW UAE-US AI Campus in Abu Dhabi was unveiled at Qasr Al Watan in the presence of Trump and bin Zayed.

The new AI campus, the largest outside the US, “will be home to US hyperscalers and large enterprises that can leverage the capacity for regional compute resources with the ability to serve the Global South,” said the Emirates News Agency WAM.