Abu Dhabi [UAE], March 21 (ANI): The United Arab Emirates (UAE) has announced a historic investment of $1.4 trillion in the United States over the next ten years. This marks one of the largest foreign investments in US history.
On Tuesday, US President Donald Trump met with UAE National Security Advisor Sheikh Tahnoon bin Zayed in the Oval Office. Later, the UAE delegation attended a dinner with US Vice President Vance and several Cabinet members. The UAE National Security Advisor was visiting Washington on the direction of UAE President Sheikh Mohamed bin Zayed.
Following the meeting, the UAE confirmed its commitment to a 10-years investment framework, which will significantly increase UAE investments in US industries such as artificial intelligence (AI), semiconductors, energy, and manufacturing.
As part of this partnership:
- Abu Dhabi-based MGX, BlackRock, Microsoft, and Global Infrastructure Partners (GIP) welcomed NVIDIA and xAI to the AI Infrastructure Partnership (AIP). This partnership aims to invest up to $100 billion in data centers and energy infrastructure to strengthen US AI capabilities.
- UAE investment fund ADQ, in collaboration with US-based Energy Capital Partners, launched a $25 billion initiative focusing on energy infrastructure and data centers in the US.
- XRG, owned by ADNOC, announced its plan to support US natural gas production and exports. It will invest in the Next Decade LNG export facility in Texas and other energy- related projects.
- ADQ and Orion Resources Partners agreed on a $1.2 billion mining partnership to secure supplies of critical minerals.
- Emirates Global Aluminum will invest in the first new aluminum smelter in the US in 35 years. This project is expected to nearly double the country’s aluminum production.
These major investments highlight the strong economic relationship between the UAE and the US. The commitment also reflects the close ties between President Trump and UAE President Sheikh Mohamed bin Zayed. This new investment framework is expected to boost the US economy and strengthen cooperation between the two nations in key industries.