The US Commerce Department’s Bureau of Industry and Security (BIS) has issued Nvidia with export licenses for chips headed for the United Arab Emirates (UAE).

The move, first reported by Bloomberg, comes a week after it emerged that a deal struck in May between the UAE and the US for the export of several hundred thousand Nvidia chips was facing delays, frustrating members of the Trump administration and senior executives at the chip giant, including CEO Jensen Huang.

Citing people familiar with the situation, Bloomberg said the approval was granted after the UAE confirmed concrete plans to invest a reciprocal amount in the US. The news outlet added that the granted licenses are worth “several billion dollars,” but said those quoted in the report declined to specify the exact value of the approved chip shipments.

In May, Saudi Arabian AI venture Humain announced it had bought 18,000 Nvidia GB300 chips to build up to 500MW of data centers in the Gulf country, with “several hundred thousand” more expected to make their way to the region in the next five years. At the time, the company also announced a similar deal with rival chipmaker AMD to supply another 500MW worth of data centers across the US and Saudi Arabia, as well as partnerships with Amazon Web Services.

The agreement was announced alongside a host of high-profile Saudi data center announcements made during Trump’s tour of the Middle East, including a ten-square-mile UAE-US AI Campus to be located in Abu Dhabi, to be run by Emirati AI company G42 and American hyperscalers.

During his time in office, former President Joe Biden had sought to limit chip exports to countries, including those in the Middle East, amidst claims that the UAE had become a potential “transshipment point” used by Russia to evade sanctions and the country’s deepening ties with China.