September 26, 2024
3 mins read

MBZ, Raimondo discuss technology investment

The discussions also touched on the importance of investment in artificial intelligence and advanced technologies..reports Asian Lite News

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has met with Gina Raimondo, Secretary of Commerce of the United States, to discuss areas of collaboration between the two countries.
The meeting highlighted the ongoing development of UAE-US relations in the fields of economics, trade, investment, and technology, which align with both nations’ shared vision for achieving sustainable economic prosperity.
The discussions also touched on the importance of investment in artificial intelligence and advanced technologies to ensure a more prosperous, growth-oriented, and sustainable future for all.

The two sides explored the recent announcement by UAE-based technology firm MGX regarding its global partnership with several American companies to invest in AI infrastructure. This initiative reflects the UAE’s development vision, in which technology and AI play a central role.

Attendees of the meeting included H.H. Sheikh Tahnoun bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi and National Security Adviser; H.H. Sheikh Hamdan bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Special Affairs; Sheikh Mohammed bin Hamad bin Tahnoun Al Nahyan, Advisor for Special Affairs at the Presidential Court; Ali bin Hammad Al Shamsi, Secretary-General of the Supreme Council for National Security; Mohamed Hassan Alsuwaidi, Minister of Investment; Khaldoon Khalifa Al Mubarak, Chairman of the Executive Affairs Authority; Yousef Al Otaiba, Ambassador of the United Arab Emirates to the United States of America; and a number of senior officials.

US Senators call on UAE President

As part of his official visit to the United States, UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has met with a number of US Senators. Topics of discussion included opportunities to develop UAE-US relations at various levels, as well as other issues of mutual interest.

In separate meetings with Senator Mark Warner, Chairman of the Senate Select Committee on Intelligence; Senator Markwayne Mullin; Senator Joni Ernst; Senator Tom Cotton; and Senator John Thune, His Highness expressed his pleasure at meeting the Senators and noted that the US Congress has always played a vital role in strengthening relations between the UAE and the US.

His Highness emphasised that his visit comes in the context of a shared commitment to advancing bilateral cooperation and elevating these relations to serve the mutual interests of both countries, particularly in key areas such as the economy, trade and investment, climate action, artificial intelligence, renewable energy, and sustainability. He highlighted that ties between the two countries are based on solid foundations of trust, mutual respect, and common interests, noting that the US remains a key ally of the UAE and has been a central tenet of its foreign policy for more than 50 years.

His Highness also pointed to the importance the UAE places on dialogue and consultation with the US regarding Middle Eastern issues, recognising the crucial role the US plays in supporting stability and peace in this strategically important part of the world. He reaffirmed the UAE’s commitment to countering extremism, violence, and terrorism, and its willingness to work alongside the US in addressing these challenges.

His Highness reiterated the UAE’s steadfast support for US initiatives and efforts to end the war in Gaza, and its hope that Congress will play a meaningful role in furthering these endeavours.

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