Officials from the US Treasury, Abu Dhabi and Singapore agreed to a set of guiding principles for sovereign wealth funds (SWF), reinforcing Abu Dhabi’s earlier statements that SWF investment decisions should be based solely on commercial grounds.
UAE US Relations
Dr. Hanif Hassan, UAE Minister of Education, and Margaret Spellings, US Secretary of Education, signed a memorandum of understanding on teacher and student exchanges between the two countries.
In November 2008, the US Department of State released a joint statement that read, in part, "The United States and the United Arab Emirates have an enduring partnership and share a common vision for a secure, stable, and prosperous Middle East.
In a speech on UAE's National Day, US Ambassador to the UAE Richard G.
Crown Prince of Abu Dhabi Sheikh Mohammad bin Zayed Al Nahyan held talks with US Middle East Envoy George Mitchell on the importance of Arab, American and European efforts to bring about resumption of Palestinian-Israeli negotiations.
The UAE surpassed Israel and Saudi Arabia as America’s largest export market in the Middle East.
A Wall Street Journal article quotes a senior White House official saying that President Obama sees the UAE peaceful nuclear energy program as a “model for the world.”
The University of Minnesota Department of Chemical Engineering and Materials Science has partnered with the Petroleum Institute, located in Abu Dhabi, United Arab Emirates, to establish the Abu Dhabi-Minnesota Institute for Research Excellence (ADMIRE), according to a statement released Tuesday.
Former Presidential adviser Elliott Abrams writes that the UAE nuclear program would be a "powerful counterexample to Iran" and that Congress should "quickly approve the [123] agreement."
Duke University will offer business education programs in Dubai.