Dr. Thani Al Zeyoudi Leads UAE Delegation to Promote Investment at SelectUSA Summit

 Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, recently led a delegation of UAE government officials, business leaders, and investors to the SelectUSA Investment Summit in Maryland. The event, which is the largest in the US for promoting foreign direct investment, provided a valuable opportunity for the delegation to engage with corporate leaders, industry experts, and exhibitors to explore potential investment opportunities in the US.


During the event, Al Zeyoudi also held bilateral meetings with US Commerce Secretary Gina Raimondo and Assistant Secretary of Commerce Arun Venkatarman to discuss ways to develop bilateral trade and investment ties and accelerate cooperation in priority sectors such as clean energy initiatives, food and water security, and advanced technology.


The UAE delegation's participation in the SelectUSA Summit is a reflection of the importance of the US relationship and the opportunities it offers UAE businesses and investors. As the fourth-largest trading partner with non-oil trade worth $30 billion in 2022, collaboration with US companies in Web3, renewable energy, agri-tech, space sciences, and quantum computing can reap significant rewards.


UAE FDI into the United States totaled US$33.1 billion at the end of 2022, representing 43 percent of the inward investment from the Middle East. With events like SelectUSA, the UAE seeks to increase mutual collaboration and develop more beneficial opportunities for their private sector.



As the UAE is home to over 1,500 US firms, it’s a reflection of the country’s pro-business environment, world-class infrastructure, and skilled workforce. UAE Ambassador to the US, Yousef Al Otaiba, has noted that these companies and institutions have played a transformational role in the UAE’s development. "As we continue to grow in sectors such as semi-conductors, life sciences, space, ag-tech, and renewable energy, there is no better time for US companies to invest, partner and establish their headquarters in the UAE."


The delegation included more than 50 participants, including senior federal and local government officials, in addition to representatives of major UAE companies operating in various sectors of common interest.

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