Enhanced Favorable Treatment for the United Arab Emirates Under the Export Administration Regulations

BIS ruleExport controlFederal Register 07/14Open the original

Summary

BIS amends the EAR to remove the UAE from Country Groups D:3 and D:4 and add it to Country Group A:5. This gives the UAE Government and approved commercial entities broader access to some military items, satellites and spacecraft, dual-use items, and advanced computing items.

By industry

Energy & LNG1 trading day−0.4%p15 stocks5 trading days+0.1%p15 stocks20 trading days−1.4%p15 stocks
“dual-use items useful in, inter alia, oil and gas production, desalination, and civil nuclear power”
Nuclear Power1 trading day+0.4%p15 stocks5 trading days−3.4%p15 stocks20 trading days−3.3%p15 stocks
“and gas production, desalination, and civil nuclear power generation. The UAE Government and”
Semiconductors & CHIPS Act1 trading day+2.5%p15 stocks5 trading days−5.0%p15 stocks20 trading days−10.9%p15 stocks
“will also have license-free access to advanced computing items, consistent with the May 2025”

Day by day after the announcement

Energy & LNG stocks and the S&P 500 after the announcement, cumulative %
Day	Energy & LNG stocks	S&P 500
26/07/13	0.0%	0.0%
26/07/14	+0.1%	+0.5%
26/07/15	−0.8%	+0.8%
26/07/16	−1.1%	+0.2%
26/07/17	−0.1%	−0.8%
26/07/20	−0.8%	−0.9%
26/07/21	−0.3%	−0.1%
26/07/22	+2.5%	−0.3%
26/07/23	+3.0%	−1.3%
26/07/24	+1.9%	−1.4%
26/07/27	−2.1%	−1.3%
26/07/28	−3.5%	−1.1%
26/07/29	−1.6%	−2.2%
26/07/30	−1.2%	−0.8%
26/07/31	+0.1%	−0.5%
26/08/03	−0.3%	+1.3%
26/08/04	−0.8%	+3.2%
26/08/05	−3.0%	+3.1%
26/08/06	−1.1%	+2.7%
26/08/07	−1.6%	+3.3%
26/08/10	+1.8%	+3.2%

Korean stocks in these industries

Korea Gas Corporation 036460
POSCO International 047050
SK Innovation 096770
Samsung Heavy Industries 010140
Doosan Enerbility 034020
Hyundai E&C 000720
KEPCO E&C 052690
KEPCO 015760
Samsung Electronics 005930
SK hynix 000660
SKC 011790

Trades in these industries around the announcement

Members' and insiders' trades in the industries' stocks, 30 days before to 30 days after.

Mark A. StevensDirector
SellNvidia
Sell
Nvidia
NVDA
$119M
565,615 sh
$119M
Filed 06/23
Traded 06/18
Mark A. StevensDirector
SellNvidia
Sell
Nvidia
NVDA
$67M
319,385 sh
$67M
Filed 06/23
Traded 06/18
Gary E. DickersonPresident and CEO
SellApplied Materials
Sell
Applied Materials
AMAT
$9.3M
15,755 sh
$9.3M
Filed 06/17
Traded 06/16
Gary E. DickersonPresident and CEO
SellApplied Materials
Sell
Applied Materials
AMAT
$8.1M
13,505 sh
$8.1M
Filed 06/17
Traded 06/16
Gary E. DickersonPresident and CEO
SellApplied Materials
Sell
Applied Materials
AMAT
$6.7M
11,273 sh
$6.7M
Filed 06/17
Traded 06/15
Gary E. DickersonPresident and CEO
SellApplied Materials
Sell
Applied Materials
AMAT
$6.2M
10,411 sh
$6.2M
Filed 06/17
Traded 06/16
Gary E. DickersonPresident and CEO
SellApplied Materials
Sell
Applied Materials
AMAT
$5.4M
9,186 sh
$5.4M
Filed 06/17
Traded 06/16
Gary E. DickersonPresident and CEO
SellApplied Materials
Sell
Applied Materials
AMAT
$3.5M
5,933 sh
$3.5M
Filed 06/17
Traded 06/16
Gary E. DickersonPresident and CEO
SellApplied Materials
Sell
Applied Materials
AMAT
$2.8M
4,682 sh
$2.8M
Filed 06/17
Traded 06/16
Gary E. DickersonPresident and CEO
SellApplied Materials
Sell
Applied Materials
AMAT
$2.7M
4,535 sh
$2.7M
Filed 06/17
Traded 06/16
Gary E. DickersonPresident and CEO
SellApplied Materials
Sell
Applied Materials
AMAT
$2.7M
4,457 sh
$2.7M
Filed 06/17
Traded 06/16
Nancy PelosiRepresentative · Democrat · CA
BuyIntel
Buy
Intel
INTC
$500K–$1M
Spouse
$500K–$1M
Reported 08/21
Traded 07/24
Sanjay MehrotraPresident and CEO
Sell10b5-1 planMicron Technology
Sell10b5-1 plan
Micron Technology
MU
$5.8M
5,123 sh
$5.8M
Filed 06/30
Traded 06/26
Gary E. DickersonPresident and CEO
SellApplied Materials
Sell
Applied Materials
AMAT
$1.5M
2,426 sh
$1.5M
Filed 06/17
Traded 06/16
Sanjay MehrotraPresident and CEO
Sell10b5-1 planMicron Technology
Sell10b5-1 plan
Micron Technology
MU
$4.2M
3,645 sh
$4.2M
Filed 06/30
Traded 06/26
Nancy PelosiRepresentative · Democrat · CA
BuyIntel
Buy
Intel
INTC
$250K–$500K
Spouse
$250K–$500K
Reported 08/21
Traded 07/24
Sanjay MehrotraPresident and CEO
Sell10b5-1 planMicron Technology
Sell10b5-1 plan
Micron Technology
MU
$3.2M
2,789 sh
$3.2M
Filed 06/30
Traded 06/26
Sanjay MehrotraPresident and CEO
Sell10b5-1 planMicron Technology
Sell10b5-1 plan
Micron Technology
MU
$2M
1,745 sh
$2M
Filed 06/30
Traded 06/26
Prabu G. RajaPresident, Semi. Products Grp
SellApplied Materials
Sell
Applied Materials
AMAT
$6.3M
10,000 sh
$6.3M
Filed 06/22
Traded 06/18
Sanjay MehrotraPresident and CEO
Sell10b5-1 planMicron Technology
Sell10b5-1 plan
Micron Technology
MU
$1.9M
1,689 sh
$1.9M
Filed 06/30
Traded 06/26