Any suggestion that the UAE needs external financial support is a misreading of the facts

The UAE Ambassador to Washington, Yousef Al Otaiba, expressed his appreciation for US President Donald Trump’s recognition that the UAE is one of the most important economic and trade partners of the United States of America, which reflects the depth of the relationship built on common interests, mutual investment, and long-term strategic trust.
Al Otaiba said in a series of blog posts published by the UAE Embassy in Washington via its account on the “X” platform: “Any hint about the UAE’s need for external financial support is a misreading of the facts. The UAE is one of the most financially resilient economies in the world, supported by more than $2 trillion in sovereign investment assets.”
He added: “The UAE Central Bank maintains more than $300 billion in foreign currency reserves, and deposits in the banking sector reach about $1.5 trillion.”
He stated: “This strength is the main reason why the United Arab Emirates has already invested more than a trillion dollars in the American economy, with a clear path for this number to grow significantly.”
He concluded: “The United Arab Emirates and the United States will continue to thrive together for decades to come, not because one depends on the other for support, but because they both benefit from one of the most important economic partnerships in the world.”