The United Arab Emirates (UAE) will invest $1.4 trillion in the US economy over the next 10 years, the White House said in a statement. The investment plans were announced after US President Donald Trump met with UAE National Security Advisor Sheikh Tahnoon bin Zayed Al Nahyan this week.
“The new plan envisages a significant increase in the UAE’s current investments in the US economy, particularly in AI infrastructure, semiconductor and energy industries, as well as in the US industrial sector,” the statement said.