UAE commits $1.4 trillion to U.S. investments

The White House has announced that the United Arab Emirates (UAE) will invest $1.4 trillion in the U.S. over the next ten years. This decision aims to significantly boost the UAE's existing investments in the American economy. The investment will focus on several key areas, including artificial intelligence, semiconductors, energy, and manufacturing. The framework was agreed upon after a meeting between President Donald Trump and UAE National Security Advisor Sheikh Tahnoon bin Zayed Al Nahyan in the Oval Office. Sheikh Tahnoon expressed his gratitude for the warm welcome he received during his visit. He noted their discussions centered on strengthening economic ties and accelerating investments in technologies and infrastructure vital for growth. Several companies are involved in the investment plans, such as Abu Dhabi-based MGX, BlackRock, and Microsoft. They aim to support U.S. leadership in artificial intelligence and are mobilizing up to $100 billion for this purpose. Furthermore, Emirates Global Aluminum plans to invest in America’s first new aluminum smelter in 35 years. The White House emphasized that these investments underline the strong relationship between the United States and the UAE. While in Washington, Sheikh Tahnoon met with various officials from the Trump administration to further discuss their partnership.