Page 187 - MOE ENGLISH PR REPORT - JUNE 2024

The UAE is the largest Arab investor in the USA with assets of more than
US$38.1 billion, accounting for over 50% of Arab investment into the country as
of 2022. UAE investments in the US over the last five years have grown by

US$12 billion across a variety of sectors with a focus on transportation, business
services and ICT. Majority UAE-owned firms employ over 24,300 US workers

and help to increase US exports, contributing US$1.4 billion to the value of US
goods exported in 2021.

The UAE delegation included more than 65 participants, most notably

Mohammed Abdul Rahman Al Hawi, Undersecretary of the Ministry of
Investment, Juma Mohammed Al Kait, Assistant Undersecretary of the Ministry of

Economy for Foreign Trade Affairs, and Saud H. Al Nowais, UAE Commercial
Attaché (Counselor) for the UAE Embassy, in addition to senior executives from
government and private sector companies such as the Abu Dhabi Investment

Office, Sharjah Research, Technology and Innovation Park, Emirates Nuclear
Energy Corporation, Mubadala, EDGE Group, Ras Al Khaimah Economic Zone

(RAKEZ), LuLu Group International, and Emirates Aluminum.

https://www.msn.com/en-ae/news/other/uae-participates-in-selectusa-investment-summit/ar-
BB1oWXYX