UAE TO INVEST $1.4 TRILLION IN THE US OVER 10 YEARS AFTER TRUMP MEETING
The United Arab Emirates (UAE) has pledged a massive $1.4 trillion investment in the United States over the next 10 years following a high-level meeting between UAE officials and former President Donald Trump.
Recall that not too long ago Saudi Arabia pledged $600 billion to various U.S. industries. In a statement released by the press of white House “This commitment comes as part of the kingdom’s broader strategy to expand its economic influence and strengthen ties with the U.S.”.
Broader context of the UAE to USA investment deal
The investment will focus on key sectors such as AI, infrastructure, semiconductors, energy, and manufacturing, strengthening economic ties between the two nations. The agreement was finalized during discussions in the Oval Office and a formal dinner with U.S. officials and the UAE delegation.