Earlier this morning, President Trump attended a business forum event in Abu Dhabi with top members of the government there, and spoke to reporters.
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00:00So, we're going to start with a little bit of a background.
00:04I'm going to show you some of the things that we've done.
00:08We've done a lot of things.
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03:46See you.
03:48See you again.
03:50This is my partner.
03:52Nice song.
03:54He'll pick up.
04:00Hello friends.
04:06Good to see you.
04:08Great having you.
04:14Okay, wait, I don't think I can buy you a toy or whatever it is.
04:21Just hand me the t-shirt.
04:28Okay, I'll get a t-shirt.
04:30I'll get a t-shirt.
04:44This is where we used to be.
04:51This is where we used to be.
04:53This is where we used to be.
04:55This is where we used to be.
04:57This is where we used to be.
04:59This is where we used to be.
05:01This is where we used to be.
05:03This is where we used to be.
05:05This is where we used to be.
05:07This is where we used to be.
05:09This is where we used to be.
05:11This is where we used to be.
05:13This is where we used to be.
05:15This is where we used to be.
05:29This was the place
06:01I'm just here, I'd like you to hear the investment
06:04that they're making into the United States for a
06:08reason, mostly November 5th.
06:11But I think it's so impressive.
06:13I'd love to have you speak.
06:16We have some of the greatest people on Earth
06:19in business, ExxonMobil, et cetera.
06:22And they could say a couple of words also.
06:24But this is a very big investment, you can see.
06:28And I'd love to have them speak so that you could
06:30hear as well as me.
06:32So, please, go ahead.
06:33Prime Minister Netanyahu, as you can see on the
06:34map, we exist in over 50 assets in 18 different states.
06:40This spans the whole energy value chain from gas,
06:43development, production, acceleration, distribution,
06:46and liquefaction, energy terminals, energy
06:49infrastructure, renewable energy.
06:50The money that they're spending, they will be
06:51spending in the United States over a period of
06:54time.
06:54Our current investments are $70 billion.
06:56We committed $370 billion over the next 10 years,
06:58and we're aiming to $440 billion by 2035.
07:01This will have an annual GDP impact of $29 billion,
07:07and it will support 470,000 jobs.
07:11This is what XRG was created for.
07:12It's an internationally dedicated investment
07:16company focused on the energy value chain.
07:19The U.S. has become an absolute imperative when
07:21it comes to our investment strategy.
07:23We're investing across the value chain of gas,
07:26electricity, chemicals, and the infrastructure.
07:28It's where I'm from, but I'm from the U.S.
07:30And here, this is just an example of how great and
07:33how well-cemented and deeply rooted the existing
07:36relationship with the U.S.
07:37ExxonMobil is right here.
07:39Exxon is investing with us here in the UAE, and we're
07:41also investing with them in the U.S.
07:44Oxygen and Petroleum.
07:45I know we have that.
07:46I'd like to, Mr. President, with your
07:48permission, just to give the details.
07:50The President.
07:51Mr. President, this is the most powerful woman in
07:55the petroleum business.
07:56That's what they tell me.
07:59I don't know.
07:59What do I do?
08:00So, our partners have committed new investments
08:05worth $60 billion in upstream oil and gas, as
08:09well as new and provisional projects.
08:11Please.
08:12Mr. President, we're obviously the largest
08:15ExxonMobil, the largest investor in oil and gas
08:17in the United States.
08:18We're also a large investor in the United
08:21Arab Emirates.
08:23ADNOC is a strategic partner of ours globally.
08:27We look at it as the best of both.
08:29Exxon brings the technology and the global
08:31experience.
08:32ADNOC had a deep, deep capability set.
08:36The best of the both is the way we're developing
08:38businesses.
08:39The President.
08:40Great.
08:40Great job you're doing.
08:42We appreciate it, sir.
08:43The U.S.
08:44appreciates it.
08:45With Exxon, Mr. President, I'm proud to
08:49present you with MACPAS.
08:50This is a drop in the highest quality.
08:53It is known to be the highest and lowest carbon
08:57density.
08:57This is the drop.
08:59This is what we call a blue sea.
09:02It's very beautiful.
09:03It's designed for the description.
09:07The technology is very good.
09:09The President.
09:10Thank you for having us.
09:12Thank you for coming.
09:13It's great to see you.
09:15So, this is one drop of oil.
09:17Now, they think I'm happy with that.
09:21This is the highest-quality oil there is on the planet.
09:25And they only gave me a drop.
09:26I'm not really happy with that.
09:28But it's tremendous what you're doing.
09:35It's going to be great.
09:39I know that very well.
09:42Everybody knows that.
09:43Thank you very much.
09:49Thank you very much.
09:51Do you want to say who you are?
09:53Yeah, I'm Jacob, representing EOG Resources.
09:56We're excited to get a concession, first of its kind,
09:59for unconventional oil resources here in Abu Dhabi,
10:02partnering with Adnok, leading energy company in the world.
10:05We're very excited to be here.
10:07We appreciate you all coming.
10:12Okay, we'll see you on that side.
10:17I think it will be a beginning of a long-term,
10:19strategic partnership for both companies.
10:21Thank you very much.
10:23Thank you very much for the investment, too.
10:25I'm Vicky Hollis with Occidental Petroleum.
10:28And we've been here 25 years.
10:29And together with Adnok, we took on one of the most difficult
10:33projects here in the UAE, and that was to build the largest
10:36ultra-sour gas processing plant in the world in the middle of
10:39the desert, where it took 43,000 people at the peak
10:43of construction.
10:44We had to build a small city for that.
10:46And we built it on time and on budget because of the strength
10:49of the Adnok technical capabilities along with ours.
10:53But now we're going to take that technical expertise,
10:56we're going to expand that plant from the one BCF a day that it
11:00was, we've already expanded it to 1.4,
11:04and now we're going to take it up to 1.8 times that.
11:07So that technology is going well for us,
11:10and we've been highly successful with it.
11:11The next technology that we'll partner with Adnok on is in the
11:15United States.
11:16It's our direct air capture facility that will take CO2 out
11:19of the atmosphere and use that CO2 in our oil reservoirs to
11:23enhance our production and extend the energy independence
11:26of the United States.
11:28And the profits will go to the United States and also the
11:32firms used to do the building, most of them, a lot of them,
11:36and then the equipment purchased is made in the
11:38United States.
11:39So it's been an amazing relationship.
11:42And we have a few others that we're going to show you also.
11:45But this has been great.
11:46Congratulations.
11:47It's a great job.
11:48Scott, do you have anything to say?
11:50And Howard?
11:51Secretary Azar.
11:52There's just been an incredible trip in terms of bringing
11:55foreign direct investment into the U.S.
11:58and solidifying our position with our partners.
12:03And seeing you with these leaders over the past three
12:08days has been an incredible experience.
12:11And it's going to enhance the partnership and grow the
12:15U.S. economy.
12:16So peace and prosperity.
12:17And I only got one drop.
12:19One drop.
12:20But it's high quality.
12:21We're working on a barrel.
12:22We'll send you another.
12:23We'll send you another.
12:24So the industrial, the A.I.
12:26industrial revolution is coming to the world and it needs power.
12:36And so our focus is going to be to dramatically increase the
12:41power production in America.
12:43We're going to bring our partners with us.
12:45We're going to do it together.
12:46And we're going to try to double the power capacity in the United
12:49States of America under your leadership.
12:51So this is incredibly exciting.
12:52Well, your SOA was presented last night and there's nothing
12:57like that anywhere in the world.
12:58And the United States is the big beneficiary.
13:02And now they're also moving into many sites like what you saw
13:05last night.
13:06And actually, it'll actually even be bigger.
13:09And we have many of those already committed and going
13:12forward.
13:13Some of them have already started.
13:15And we've gotten their permits in record time.
13:17Otherwise, it would be years and years waiting.
13:19Their permits are already gotten.
13:22In fact, a couple of them that you know very well,
13:24the biggest and the busiest.
13:25And we can't believe it.
13:26We got the permit to build an electric plant and we got it in
13:29very short order.
13:30So it's really been amazing.
13:32And we're going to go through a list of a couple of different
13:34groups and you'll see some incredible investment going
13:38back into the U.S.
13:51So we have here..
13:53Nice to see you again.
13:54Nice to see you.
13:55My colleague's home.
13:56You know him?
13:57You've been there.
13:58Yes.
13:59Right from Arles.
14:00I want us to say a little hello.
14:02Exactly.
14:03Hello.
14:04Great partner.
14:05Linus, couldn't we let them come over here?
14:07Of course.
14:08Please.
14:09Might as well.
14:10Why don't you stand right here where you can see.
14:12Let's bring the press closer.
14:13You want to get a little closer?
14:15Why don't you stand right here where you can see.
14:17Let's bring the press closer.
14:19You want to get over here, Marty?
14:21Let me see Martin to get scared.
14:41Yeah, you could come over here.
14:43Yeah, you could come over here. Go ahead if you like. We'll show you the individual.
14:47Bring the camera over here. Is that okay, Doug?
14:51Absolutely, sir. Thank you, sir.
14:53Where's the full camera? Right here in the middle.
14:57Yeah.
14:57Where's the full camera, please?
15:00Full camera.
15:02CBS.
15:03Where are you?
15:03He's in the press room.
15:05Wait one second.
15:05We're going to go through here.
15:08Right here, Harry. Right here.
15:13All right, sir.
15:15So this is very interesting on health care, and if you could take it away.
15:19Yes, sir.
15:20To pick up on my colleague, Dr. Sontag, just now about the energy.
15:23In the UAE, we changed the formula of Einstein of E equals MC squared to E equals I.
15:29Energy equals intelligence.
15:32And last night, you unveiled an amazing project.
15:35The largest intelligence factory to be built outside the United States.
15:39And we believe the best use case of intelligence, AI, is in health care.
15:45As much as we follow our colleague Elon Musk going to the outer space,
15:49we believe the inner space of humanity need to be better explored.
15:53And that's why health care is so critical.
15:57If you'll allow me, Mr. President.
16:01Here's a brief overview of what we're doing together with our U.S.
16:08U.S.
16:09The most intelligent health care system in the world.
16:12Intelligent means it's low cost and high quality, equal access for all.
16:18We have linked all the hospitals and equal system of health care
16:23into the providers, patients, and payers in a single network.
16:27So all the people is in one single place.
16:30No paperwork everywhere.
16:32Wherever you go.
16:34We already are applying AI from medical imaging to doctor dictation across all hospitals.
16:43And 4.5 billion numbers of clinical and insurance records are consolidated.
16:49Most importantly, we have the largest genomic program in the world.
16:54Bigger than UK government.
16:55Almost one million people have been sick.
16:58So this is going to make a tremendous difference on health.
17:01You're just going to find out what's wrong with somebody a lot quicker.
17:06You know, we invented a large language model.
17:09It unlocked the secret of human thinking and communications.
17:12Now we're going to build a large biology model.
17:15Because our biology is in English, Russian, or any other language.
17:20This is a new AI platform we're building with our American partners.
17:29I was just going to introduce Cleveland Clinic is here.
17:33And the gentleman from Morocco, representing Larry Ellison and food.
17:39One of ours is a great, great guy, great man.
17:42And you have the best partners.
17:44And again, they're working here.
17:47They're U.S. companies.
17:49And it's all ultimately coming back to the U.S.
17:52And they'll be doing even bigger versions of this.
17:54This is a real pioneering thing.
17:57And so many good things are going to come out of AI.
18:01But most of you haven't seen yet.
18:04But the number of plants being built in the United States is at a level that
18:08nobody could even imagine.
18:10And it's a big one.
18:11So it's a really big one.
18:13And what we're showing to that side is fantastic.
18:16It's a great honor.
18:17With a great leader in this country.
18:26You can see here, it's 2008.
18:33There was just this small island in the desert in 2025.
18:38This is Cleveland Clinic in Afghanistan.
18:43For me, it's quite a good facility.
18:46That it has transformed health care in this part of the world.
18:50So now 10 years since the opening, it has become the best hospital here in the region.
18:56And people from the U.S. will come over to this country
19:00to experience the best of U.S. health care that is available here in the United States.
19:04And AI is going to really take it over, right?
19:07And AI is going to enter into the new era where this is going to get even better.
19:13Scalable and available to people in the United States as well as here in the UAE.
19:20And ultimately, all over the world.
19:21And that's why the collaboration with Oracle is so important.
19:25Two great U.S. companies benefiting and it comes back to our country.
19:31And they're doing things like this and even at a bigger level.
19:35Go ahead, please.
19:35Yeah, thank you very much.
19:36It's a tremendous honor to partner with the Cleveland Clinic and G42.
19:41This AI platform that we're rolling out in the United States and in Abu Dhabi,
19:46here at the Cleveland Clinic, is not just about making it a little bit better.
19:49It's about making things dramatically better.
19:52Reinventing health care, reinventing the technology around health care
19:55and bending the cost curve down when people get sick by knowing what's wrong with them
19:59far more quickly and then, perhaps even more importantly, keeping them from getting sick
20:03in the first place.
20:03And the answer is aggregating all this data.
20:07And again, we're just honored.
20:09And thank you, Mr. President, for all the support to make this possible.
20:12The President I'm just thinking, we have a President
20:15of the United States doing this selling.
20:18Do you think Biden would be doing it?
20:20I don't think so.
20:22But it's so important.
20:23I think I have to be a cheerleader for our country.
20:26That's why our country is doing so well.
20:29And it's people like this that we appreciate.
20:31A great job at Cleveland Clinic.
20:33Say hello to Larry.
20:35And now we'll take a look at aviation.
21:17And other world-class partners in the U.S.A.
21:20One of the most important things that this is going to do is more than $60 billion worth
21:26of treatment and create jobs, over 1,000 jobs in the U.S.A.
21:31We're glad with this relationship.
21:33It's been an impressive relationship with IHAD and Boeing and GE.
21:40And, Mr. President, we are also doubling our capacity and our fleet with Boeing.
21:47From 57 to easily 100 aircraft.
21:50And we've just reached a deal also with Boeing so far.
21:54And it's been an incredible relationship.
21:57Maybe you want to say a few words, Mr. President?
21:59Well, it's a pleasure to work with you, Mr. President, on our strategic partnership with
22:03IHAD, as well as with the Emirates and Y-5.
22:06It's an incredible experience for us.
22:08We appreciate your support and leadership.
22:10We look forward to helping you.
22:11Please let us know as soon as you're done with everything.
22:15Welcome to the United States of America.
22:18Kelly's doing good.
22:19Kelly's been here for a couple of days.
22:20So it's very good.
22:23Mr. President, the – oh, the backbone.
22:27Well, it is actually Boeing.
22:28And it has a great relationship with us.
22:30And it is – Mr. President, I'm – tells you a lot about the relationship that we have
22:34with the U.S.
22:35And I would say also what we've done most with Boeing here is completely balanced.
22:41The backbone, over 70 percent of all.
22:45It's just my opinion, but Boeing makes the best plan.
22:49And they've had some headaches over the last few years, but they make the best plan.
22:55And you see what's happening.
22:57And it's not the only case, but a lot of people are ordering the Boeing jets, and they're
23:01gearing up.
23:03And I think it's going to be one of the great – really one of the great stories.
23:06And the general electric engine is phenomenal.
23:11The big-body general electric engine is phenomenal.
23:13So it's great to see.
23:17So you focus on Boeing, Andy?
23:18Yes.
23:25Mr. President, how many engines will they be buying then?
23:37About 100?
23:39100, yes.
23:41And are they the biggest engines at this point?
23:44Yes.
23:46That's the biggest one.
23:47That's the one we're hearing about.
23:48And it's an amazing one.
23:49We look forward to it.
23:51They had a breakthrough GE on engines.
23:54The big engine is the hottest engine there is.
23:57It's through the roof.
23:59And general electric, you talk about a comeback.
24:02General electric has made one of the great comebacks, and it's – both in healthcare
24:06and other things.
24:07But on your engine, I think that's really maybe the greatest story of them all.
24:12They come out – they came out with a way to make a better engine with 20 percent less
24:16fuel, and it's – that's a tough combination.
24:21So congratulations.
24:22I was with Larry yesterday, and he's done a fantastic job.
24:27And great customer service.
24:29Yeah.
24:29Which is very important.
24:30Yeah, it's true.
24:31It's not only the third engine, but the fifth engine is running.
24:33That's been involved.
24:35You can be proud of yourselves.
24:37So a tremendous investment being made in the United States by this group, by this airline.
24:42And they don't need financing.
24:45They don't want to take subject to financing.
24:48They don't take subject to financing.
24:49They have no problem with that.
24:51Thank you very much, Larry.
24:52Great job.
24:56Come here, please.
24:58Here, you can sit.
24:59The first airline in the world to perform in the following nations in one nation.
25:03We have the Beijing championship going on there right now.
25:05So today, we will hurry up and you get some sleep.
25:07Yeah, absolutely.
25:08And also, Mr. President, the U.N. has and is the only first-ever peace alliance in Asia
25:16and the Middle East.
25:17And so far, we've been awesome, which means we've earned over $1.5 million.
25:23A lot of other people are looking for the same.
25:25We're very proud to have this big deal with the USA and want to be adding a lot of value
25:29to our airlines.
25:31And finally, Mr. President, we just signed also the naming rights of the New York City
25:36football club by Ennahat.
25:38Oh, good.
25:39And we just landed over $83 million.
25:42So where is the World Cup?
25:43I grew up in Queens.
25:45I know the area well.
25:47I grew up in Queens.
25:49I know the area well.
25:51I'm on my way to see my country.
25:53Oh, that's good.
25:55That's where they used to fix the cars.
25:57A lot of other things got fixed there.
25:59Thank you so much.
26:01That's a great sight.
26:03So how many people in that area?
26:0525,000?
26:0725,000.
26:09Will they be using that in the Olympics?
26:13It will be available.
26:15Yeah, because it's brilliant.
26:17Thank you so much.
26:21It's going to have to go now.
26:23It's so impressive.
26:25We have the World Cup coming.
26:27We have the World Cup coming and we have the Olympics coming over the next couple of years.
26:33That's great.
26:35Congratulations.
26:37I know this location.
26:39You were born here.
26:41You think it's a good location?
26:43Yeah.
26:47Congratulations.
26:51Peace.
26:55Congratulations.
27:03Congratulations.
27:05Good job.
27:07Very special project.
27:09It is a big, very special project.
27:13Please, go ahead.
27:15Thank you very much.
27:31Investing $4 billion in Oklahoma, Doug.
27:34So if you want to move after you finish with the camera stuff, get a part-time job.
27:39I don't think you're going to be giving up the camera.
28:09So how much money are you going to be spending in the U.S. to make your plans for the future?
28:26Right now, Doug, we're in the exploration.
28:37See, they're doing all of this work in the U.S. with the aluminum.
28:40They do a lot of aluminum here.
28:42But if they do it here, they have to pay a big tariff to send it in, Doug.
28:46So you know what they're doing?
28:47They're building a big plant in the U.S.
28:49There's no tariff.
28:50We're exporting 700,000 tons.
28:52Now we're going to make it in the U.S.
28:54We're going to make it in the U.S.
28:56It's amazing.
28:57It's amazing.
28:58It's amazing.
28:59It's amazing.
29:00It's amazing.
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43:49It's amazing.
43:50It's amazing.
43:51It's amazing.
43:52It's amazing.
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44:00It's amazing.
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