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7/1/24, 4:16 PM Al Zeyoudi strengthens UAE-U.S. ties in technology, innovation with Silicon Valley visit
Collaboration in cutting-edge disciplines
In addition, the minister outlined the UAE’s advanced technology ambitions and investment-
friendly business environment, extending an invitation to U.S. investors, startups and skilled
professionals to explore its expansion opportunities.
Dr. Al Zeyoudi discussed with U.S. stakeholders joint projects, research collaboration, and
exchanging knowledge and expertise in emerging disciplines such as AI, data analytics and
sustainable technologies.

The minister’s visit to the U.S. underlines the UAE’s commitment to securing global partnerships
that accelerate its industrial and technological capabilities. Moreover, it restates the country’s goals
of further bolstering its position as a destination for investment and innovation.
“The West Coast of the U.S. is the global epicenter of technology and innovation, and the UAE has
much to gain from closer ties to Silicon Valley’s vibrant ecosystem,” stated Dr. Al Zeyoudi.
He added that this visit falls in line with the UAE’s efforts to establish long-standing partnerships in
the private sector, public sector and academic levels. Moreover, it leverages the U.S.’s knowledge
and experience and accelerates the UAE’s technological capabilities.
“Technology is a key pillar of our economic growth and diversification agenda and it’s vital we can
build productive and mutually beneficial relations with the world’s leading exponents,” he added.
Read: Dubai Airports leverages AI to streamline inventory management, enhance airport
operations
U.S. is the third-largest trading partner globally
The U.S. is the UAE’s third-largest trading partner globally, accounting for 5.6 percent of the
country’s total non-oil trade. In addition, the UAE is the U.S.’s most important trading partner in the
Arab world, with bilateral trade comprising 27 percent of the USA’s non-oil trade with the region.
Furthermore, the UAE has $38.1 billion in assets in the U.S., which is more than 50 percent of the
total FDI from Arab countries in the U.S. at the end of 2022. These investments are mainly in
transportation, business services, software and IT services, real estate, food and beverages, and
aerospace.
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