The White House May 14 first announced the deal between Cincinnati-based GE Aerospace (NYSE: GE), the world’s largest aircraft engine manufacturer, and Qatar Airways, the seventh-largest airline in the world as of 2024 and among the fastest growing, according to Airways Magazine.

President Donald Trump on Thursday announced deals totaling over $200 billion between the United States and the United Arab Emirates, including a $14.5 billion commitment between Boeing, GE Aerospace and Etihad Airways,

The White House also re-announced an agreement between Boeing, GE Aerospace, and the UAE, which appears to be part of a decade-long deal initially agreed to by the three parties in October of 2024. The White House also announced a deal between ExxonMobil and several UAE energy companies to expand oil and natural gas production in the UAE.

The White House announced that President Donald Trump secured economic exchanges with Qatar worth $1.2 trillion, a figure which includes a historic order for Boeing airliners.

Boeing and GE Aerospace secured a $96 billion agreement to acquire up to 210 American-made Boeing 787 Dreamliner and 777X aircraft powered by GE Aerospace engin