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Boeing, GE Aerospace, ExxonMobil Reportedly Benificiaries of UAE Deals
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Boeing, GE Aerospace, ExxonMobil Reportedly Benificiaries of UAE Deals
May 26, 2025 9:22 AM

06:29 AM EDT, 05/16/2025 (MT Newswires) -- Boeing ( BA ) , GE Aerospace (GE), and ExxonMobil ( XOM ) are among the beneficiaries of over $200 billion in deals that US President Donald Trump said Thursday he secured during his visit to the United Arab Emirates, news outlets reported, citing a White House fact sheet.

The deals announced included a $14.5 billion commitment by the UAE's Etihad Airlines to acquire 28 Boeing 787s and 777Xs powered by GE Aerospace engines, Reuters reported.

They also reportedly include a $60 billion investment by the UAE's Abu Dhabi National Oil in oil and gas projects with ExxonMobil ( XOM ), Occidental Petroleum ( OXY ) , and EOG Resources ( EOG ) .

RTX (RTX) is also partnering with Emirates Global Aluminum on a project to shore up US mineral supplies, Bloomberg reported.

In addition, Amazon ( AMZN ) Web Services will work with UAE telecom company e& on bolstering public cloud services, while Qualcomm ( QCOM ) is to contribute to a "global engineering center" in Abu Dhabi focused on AI, Bloomberg reported

The US and Emirati companies did not immediately reply to MT Newswires' request for comment.

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