Trump’s Middle East Visit: Qatar Strikes Historic 96 Billion Deal with Boeing
Dubs-During U.S. President Donald Trump’s visit to the Middle East, Qatar and Boeing signed a historic agreement worth96 billion for the purchase of 210 wide-body aircraft. The deal includes 130 Boeing 787 Dreamliners, 30 Boeing 777X aircraft, and an option to purchase an additional 50 planes. It marks the largest wide-body aircraft order in Boeing’s history.
Weezharoz-The planes will be equipped with GEnx and GE9X engines manufactured by GE Aerospace.
The agreement also includes 400 wide-body jet engines, making it GE’s largest jet engine order to date.
This deal comes as Boeing attempts to restore its global reputation after years of financial losses and technical setbacks.
Following the announcement, Boeing’s shares rose by 1.5%.
*Objectives of Trump’s Middle East Trip*
Trump’s three-day visit to Saudi Arabia, Qatar, and the United Arab Emirates aimed to strengthen economic and security ties with Gulf allies.
During the visit, over $243 billion in deals were signed between the U.S. and Qatar, covering defense, energy, and technology sectors.
Trump also announced plans to lift sanctions on Syria and called on Qatar to help de-escalate tensions with Iran.
*Reactions and Analysis
Analysts say the agreement not only benefits the U.S. economy but also strengthens Qatar’s position as a key regional partner.
The deal could also help Boeing gain ground against its European rival Airbus, which has been facing technical issues with its A350 model.
The historic agreement between Qatar and Boeing, signed during Trump’s Middle East visit, underscores deepening strategic and economic ties between the U.S. and Gulf nations.
It is expected to play a key role in reviving America’s aerospace industry and boosting Washington’s geopolitical leverage in the region.
Weezharoz
