American companies secured over $128 billion worth of deals at the Dubai Airshow, including one worth $52 billion between Emirates Airline and Boeing.
In statement to the Emirates News Agency (WAM), Martina A. Strong, the Ambassador of the United States to the United Arab Emirates, highlighted the UAE's significance for American companies, noting the presence of over 1,500 American businesses in the country, many of which are global leaders in their respective industries.
She said they're drawn to the UAE's strategic location, its pro-business environment, and its gateway to regional markets.
Strong further emphasised the strength of the US investment landscape, characterised by a dynamic market and a robust regulatory framework that fosters growth and innovation.
Additionally, diversity remains a cornerstone of the American workforce, the diplomat remarked.
A cyber hacker broke into a database containing the personal information of millions of customers, Qantas said, in Australia's biggest breach in years and a setback for an airline rebuilding trust after a reputational crisis.
Emirates has officially launched its daily services to Shenzhen, marking the airline’s fourth gateway in the Chinese mainland after Beijing, Shanghai and Guangzhou.
US President Donald Trump on Tuesday threatened to cut off the billions of dollars in subsidies that Elon Musk's companies receive from the federal government, in an escalation of the war of words between the president and the world's richest man, one-time allies who have since fallen out.
Dubai Holding and Select Group, a real estate development and investment firm, have partnered to develop two "large-scale" residential and hospitality establishments in Palm Jebel Ali and Dubai Design District (d3).