By: REUTERS
U.S. President Donald Trump said on Thursday Qatar will invest $10 billion in coming years in the Al Udeid Air Base southwest of its capital Doha, the largest U.S. military facility in the Middle East.
In a speech to U.S. troops at the base during his tour of the Gulf, Trump also said defence purchases signed by Qatar on Wednesday are worth $42 billion.
Trump’s motorcade pulled up next to a big hangar at the base after a drive along closed roads and under dusty skies through a flat desert landscape.
Two bright red Tesla Cybertrucks that belong to Qatar’s internal security forces could be seen in the parade of vehicles, according to a shared pool report by AFP news agency.
Trump then flew to the United Arab Emirates, whose leaders want U.S. help to make their Gulf nation a global leader in artificial intelligence. He was met at Abu Dhabi International Airport by UAE President Sheikh Mohamed bin Zayed Al Nahyan and headed to visit the Sheikh Zayed Grand Mosque.
The U.S. has a preliminary agreement with the UAE to allow it to import 500,000 of Nvidia’s (NVDA.O), opens new tab most advanced AI chips a year, starting this year, Reuters reported on Wednesday.
The deal would boost the UAE’s construction of data centres vital to developing artificial intelligence models. But the agreement has provoked national security concerns among sectors of the U.S. government, and the terms could change, sources said.
DEALS, DIPLOMACY
A string of business agreements has been inked during Trump’s four-day swing through the Gulf region, including a deal for Qatar Airways to purchase up to 210 Boeing widebody jets, a $600 billion commitment from Saudi Arabia to invest in the U.S. and $142 billion in U.S. arms sales to the kingdom.
The trip has also brought a flurry of diplomacy.
Trump made a surprise announcement on Tuesday that the U.S. will remove longstanding sanctions on Syria and subsequently met with Syrian interim President Ahmed al-Sharaa.
He urged Sharaa to establish ties with Syria’s longtime foe Israel.
In Abu Dhabi, Trump will meet UAE President Sheikh Mohammed bin Zayed Al Nahyan and other leaders.
AI is likely to be a focus of the final leg of Trump’s trip.
Former U.S. President Joe Biden’s administration had imposed strict oversight of exports of U.S. AI chips to the Middle East and other regions. Among the Biden administration’s fears were that the prized semiconductors would be diverted to China and buttress Beijing’s military strength.
Trump has made improving ties with some Gulf countries a key goal of his administration. If all the proposed chip deals in Gulf states, and the UAE in particular, come together, the region would become a third power centre in global AI competition after the United States and China.
SOURCE:REUTERS