No images? Click here March 2025 UAE Remains Top MENA Destination for US Exports In 2024, trade between the US and the UAE totaled $34.4 billion, with US exports to the Emirates making up nearly $27 billion. The UAE is the US's third-largest trade surplus, globally. Key sectors driving this vital trade relationship include technology and AI, life sciences, healthcare, energy, manufacturing, financial services, and space. Michigan Governor Seeks Greater Trade and Investment with UAE Governor Gretchen Whitmer visited the UAE to explore investment opportunities with UAE organizations and promote Michigan's aerospace and defense industries. During the visit, she participated in the World Governments Summit, joining over 30 heads of state and government, more than 80 international and regional organizations and 140 government delegations. Governor Whitmer met with the Ruler of Ras Al Khaimah, HH Sheikh Saud bin Saqr Al Qasimi, and discussed opportunities to strengthen economic and commercial ties. Abu Dhabi’s G42 and Microsoft Launch Responsible AI Foundation Last month, G42 and Microsoft jointly launched the Responsible AI Foundation, which will promote ethical and responsible use of artificial intelligence. The initiative will focus on sectors such as energy, healthcare, and finance, and aim to develop AI solutions that adhere to ethical standards and societal values, ensuring that technological advancements benefit communities while minimizing potential risks. US Companies Helping Electric Air Taxis Take Off In the UAE The Emirates are the perfect testing ground for electric vertical takeoff and landing (eVTOL) aircraft. California-based Archer Aviation and Joby Aviation are working to integrate air taxis into Dubai and Abu Dhabi’s local transport networks. Expected to launch in 2025 and 2026 respectively, this collaboration between American companies and the UAE could redefine urban transportation. From the Feed 💧🌍 The Mohamed bin Zayed Water Initiative is proud to have signed a Memorandum of Understanding with @WorldBankMENA at the @WorldGovSummit on February 11th. @ousmanedione #MohamedbinZayedWI #WorldBank #WGS25 While in the UAE, Michigan @GovWhitmer signed an MOU between Michigan and Ras Al Khaimah to boost global innovation, entrepreneurship, and economic growth. This partnership will create jobs and foster dynamic innovation ecosystems. https://t.co/drhD3dh8e0 I had a very productive meeting this week with UAE Ambassador Yousef Al Otaiba to discuss Emirati-American relations and how to support our shared interests in the region. The Club World Cup trophy is on tour in the UAE to promote the competition’s expanded format, which will feature 32 teams for the first time. The tournament will be held in the United States from June 14 to July 13, with Al Ain representing Asia. During meeting with US Secretary of State, UAE President reaffirms stance opposing displacement of Palestinian people #WamInfographic https://wam.ae/a/bia4w5j |