Last Friday (the 10th), the U.S. Department of Commerce initiated a relaxation of export controls targeting the United Arab Emirates (UAE). The 17-page draft of the upcoming regulations, slated for publication in the Federal Register, explicitly outlines that license applications submitted by MGX—a company backed by the UAE's sovereign investment fund—for exporting semiconductor products and servers to the UAE will undergo active review. MGX holds significant investments in both OpenAI and Anthropic. The draft regulations extend eligibility for exemptions from licensing requirements for advanced computing equipment to the UAE government, the Abu Dhabi-based artificial intelligence consortium G42, and its cloud computing subsidiary, Core42. Furthermore, U.S. companies operating data centers in the UAE, including Amazon, Apple, Google, Meta, Microsoft, OpenAI, Oracle, and xAI, are set to benefit from streamlined approval processes.