Dr Thani Al Zeyoudi, Minister of State for Foreign Trade with delegates in the US last month. US Embassy UAE
Dr Thani Al Zeyoudi, Minister of State for Foreign Trade with delegates in the US last month. US Embassy UAE
Dr Thani Al Zeyoudi, Minister of State for Foreign Trade with delegates in the US last month. US Embassy UAE
Dr Thani Al Zeyoudi, Minister of State for Foreign Trade with delegates in the US last month. US Embassy UAE


The US-UAE partnership builds our shared prosperity in the 21st century


Martina Strong
Martina Strong
  • English
  • Arabic

July 08, 2024

The United States and the UAE are building new momentum and ambition into our six-decade commercial and investment partnership.

In late June, for example, we welcomed Dr Thani bin Ahmed Al Zeyoudi, the Minister of State for Foreign Trade, and the largest delegation of Emirati companies at the SelectUSA Investment Summit in Washington. Their enthusiastic interest to explore new opportunities in the United States has been matched by that of their American counterparts, who have been flocking to the UAE in record numbers.

“The UAE has already Selected the USA,” Dr Al Zeyoudi said during his Washington visit, highlighting the enduring nature and future promise of our commercial ties. I am proud to respond that the United States is eager to channel our bilateral momentum into efforts that will expand our longstanding cooperation, especially in the new fields that will power the global economy in the 21st century.

Already, we enjoy a strong foundation of partnership and trust that our countries and our companies have built over the past six decades. Our close alignment on key trade and investment objectives has been matched by the excellence of our companies, which serve as the global gold standard when it comes to growth, innovation and future-oriented vision.

Indeed, our countries and companies are stepping up investments in our shared prosperity and future, which we are building through transformative advances in frontier technologies, health and life sciences, finance, mobility, space, sustainable energy, and many other fields.

Their enthusiastic interest to explore new opportunities in the US has been matched by that of their American counterparts, who have been flocking to the UAE in record numbers

Masdar with Terra-Gen, Microsoft with G42, Mubadala with Global Foundries, Adnoc with NextDecade, and many others are forging partnerships and charging forward to generate new value, growth, efficiencies, scientific and technological breakthroughs. Increasingly, we are partnering together not just in the UAE and the United States, but also in other countries around the globe as we build safely and responsibly the AI-driven economic architecture of the future.

The ground-breaking advancements emerging from our cooperation are now taking us to space. Earlier this year, we announced our partnership to build the first space station that will orbit the Moon. “Gateway,” as the station is called, will enable humans to gaze farther into our universe and deepen our understanding of life and travel in space.

Last week, we welcomed to Huntsville, Alabama, another important Emirati delegation – a group of brilliant high-school students and their teachers. These “Endeavour Scholars” will take up their temporary duties as astronauts, space station crew members, and scientists at the renowned US Space and Rocket Center’s space camp. Together with their US teammates and peers from around the world, these Emirati students will challenge themselves, collaborate to solve problems, and share in their successes.

This latest chapter in our bilateral co-operation underscores that when it comes to the US-UAE partnership, the sky is not the limit, but just the beginning.

THE BIO

Bio Box

Role Model: Sheikh Zayed, God bless his soul

Favorite book: Zayed Biography of the leader

Favorite quote: To be or not to be, that is the question, from William Shakespeare's Hamlet

Favorite food: seafood

Favorite place to travel: Lebanon

Favorite movie: Braveheart

The smuggler

Eldarir had arrived at JFK in January 2020 with three suitcases, containing goods he valued at $300, when he was directed to a search area.
Officers found 41 gold artefacts among the bags, including amulets from a funerary set which prepared the deceased for the afterlife.
Also found was a cartouche of a Ptolemaic king on a relief that was originally part of a royal building or temple. 
The largest single group of items found in Eldarir’s cases were 400 shabtis, or figurines.

Khouli conviction

Khouli smuggled items into the US by making false declarations to customs about the country of origin and value of the items.
According to Immigration and Customs Enforcement, he provided “false provenances which stated that [two] Egyptian antiquities were part of a collection assembled by Khouli's father in Israel in the 1960s” when in fact “Khouli acquired the Egyptian antiquities from other dealers”.
He was sentenced to one year of probation, six months of home confinement and 200 hours of community service in 2012 after admitting buying and smuggling Egyptian antiquities, including coffins, funerary boats and limestone figures.

For sale

A number of other items said to come from the collection of Ezeldeen Taha Eldarir are currently or recently for sale.
Their provenance is described in near identical terms as the British Museum shabti: bought from Salahaddin Sirmali, "authenticated and appraised" by Hossen Rashed, then imported to the US in 1948.

- An Egyptian Mummy mask dating from 700BC-30BC, is on offer for £11,807 ($15,275) online by a seller in Mexico

- A coffin lid dating back to 664BC-332BC was offered for sale by a Colorado-based art dealer, with a starting price of $65,000

- A shabti that was on sale through a Chicago-based coin dealer, dating from 1567BC-1085BC, is up for $1,950

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
if you go

The flights

Air Astana flies direct from Dubai to Almaty from Dh2,440 per person return, and to Astana (via Almaty) from Dh2,930 return, both including taxes. 

The hotels

Rooms at the Ritz-Carlton Almaty cost from Dh1,944 per night including taxes; and in Astana the new Ritz-Carlton Astana (www.marriott) costs from Dh1,325; alternatively, the new St Regis Astana costs from Dh1,458 per night including taxes. 

When to visit

March-May and September-November

Visas

Citizens of many countries, including the UAE do not need a visa to enter Kazakhstan for up to 30 days. Contact the nearest Kazakhstan embassy or consulate.

Specs

Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
Price: On request

DEADPOOL & WOLVERINE

Starring: Ryan Reynolds, Hugh Jackman, Emma Corrin

Director: Shawn Levy

Rating: 3/5

Funk Wav Bounces Vol.1
Calvin Harris
Columbia

Company%20profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3EXare%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3EJanuary%2018%2C%202021%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EPadmini%20Gupta%2C%20Milind%20Singh%2C%20Mandeep%20Singh%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFunds%20Raised%3A%20%3C%2Fstrong%3E%2410%20million%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%20%3C%2Fstrong%3E28%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3Eundisclosed%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EMS%26amp%3BAD%20Ventures%2C%20Middle%20East%20Venture%20Partners%2C%20Astra%20Amco%2C%20the%20Dubai%20International%20Financial%20Centre%2C%20Fintech%20Fund%2C%20500%20Startups%2C%20Khwarizmi%20Ventures%2C%20and%20Phoenician%20Funds%3C%2Fp%3E%0A
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Floward%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3ERiyadh%2C%20Saudi%20Arabia%0D%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EAbdulaziz%20Al%20Loughani%20and%20Mohamed%20Al%20Arifi%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EE-commerce%0D%3Cbr%3E%3Cstrong%3ETotal%20funding%3A%20%3C%2Fstrong%3EAbout%20%24200%20million%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EAljazira%20Capital%2C%20Rainwater%20Partners%2C%20STV%20and%20Impact46%0D%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%20%3C%2Fstrong%3E1%2C200%3C%2Fp%3E%0A
Updated: July 08, 2024, 7:15 AM`