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has the fundamentals of vishnu prakash r punglia limited (543974) changed ✌️【Stock Strategy】✌️ Real-time stock market data, precise predictions, and investment strategies to help you optimize your portfolio and achieve financial success. The first-ever visit by a president of the United Arab Emirates to the White House took place this week as Israel’s war in Gaza expanded to Lebanon. That war, however, was not at the top of the agenda in talks with US officials.
US President Biden, Vice President Kamala Harris, National Security Adviser Jake Sullivan and UAE president Sheikh Mohammed bin Zayed instead prioritized their discussions around a set of technological and economic deals between both countries centered around artificial intelligence (AI) and the infrastructure needed to develop the growing technology.
“The UAE is a nation of trailblazers that’s always looking to the future – always making big bets… In fact, it’s a cornerstone of our growing cooperation, in AI, in clean energy, in space, in investing in infrastructure to connect regions,”Biden said in the Oval Officeon Monday alongside the UAE president. “Today we honor that legacy in carrying our relationship forward as the UAE will become a major defense partner with the United States.”
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In Washington on Tuesday, Sheikh Mohamed met with the chief executives of chipmaker NVIDIA, asset manager Blackrock and Microsoft – three US firms that recentlypartnered with MGX, an Abu Dhabi-owned firm seeking to raise $100 billion to fund AI infrastructure, AI-enabled technology, and semiconductors in the US and beyond.
Despite the focus on technology, discussions with US officials did include the war in Gaza and Lebanon, Gargash said, adding that de-escalation is the “main goal.”
Beyond providing humanitarian aid in Gaza, Abu Dhabi has so far refused to contribute to the rebuilding of the territory without a clear commitment by Israel for a two-state solution to the Israeli-Palestinian conflict.
“It’s very complicated,” Gargash, who previously served as the UAE’s minister of state for foreign affairs, said. “We think that maximalist views are hindering the sort of consensus on a day after (the war). And we’re worried without a clear day after, any attempt really at the ceasefire might appear futile.”
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He said the two pillars of the UAE’s policy are stability and prosperity. “I think we also have a responsibility towards regional stability and regional prosperity….You can’t prosper alone. You have to prosper collectively.”
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