MEDIA

Fact Sheet: US-UAE Business Council

The US-UAE Business Council is a collaboration of leading companies based in the United States and United Arab Emirates which are committed to expanding bilateral commercial opportunities between the US and the UAE. 

According to U.S. government trade statistics, the United States exported nearly $12 billion in goods and services to the UAE in 2006—making it the largest US export market in the Middle East and North Africa.  The United States is a profitable destination for UAE investment, especially in the real estate, manufacturing, and hospitality industries.  And UAE investment in US capital markets has been a dependable and long-term engine of growth for the US economy.

Launched in May 2007, the US-UAE Business Council was inaugurated by His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces; His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs; and the 25 companies that comprise the Council’s Founding Membership and Board of Directors.

Policy Priorities

The US-UAE Business Council develops and implements the policy priorities of its corporate membership, and is taking steps to shape policy on issues that are critical to strengthening and enhancing the important economic relationship between the US and the UAE.

The specific policy priorities of the US-UAE Business Council are as follows:

• Advocating for policies that encourage investment into the United States market;
• Encouraging the eventual codification of a comprehensive bilateral trade agreement.

Leadership

The US-UAE Business Council is Co-Chaired by Joseph Robert, President & CEO, JE Robert Companies, and Khaldoon Al Mubarak, CEO, Mubadala Development Company.  Co-Vice Chairs are Casey Olsen, Executive Vice President, Occidental Petroleum and Abdul Wahid Al Ulama, Group Chief Legal Officer, Dubai World.

For more information, visit www.usuaebusiness.org.