New Delhi, May 11 -- The United Arab Emirates signalled a major shift in its global economic strategy by pursuing deeper ties with American companies and increasing investment in United States technology.

United Arab Emirates Ambassador to the United States, Yousef Al Otaiba, delivered keynote remarks on Friday at the SCSP AI+ Expo in Washington, D.C., where he highlighted the "gold standard" for securing advanced technology.

"We have put in place what we believe is a gold standard for securing advanced technology--rigorous and transparent, with active oversight by both governments. That is what the Regulated Technology Environment is--and why we joined Pax Silica."

The Ambassador noted that the UAE is not just another signatory but is...