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UAE Invests USD1.4 Trillion in U.S. For Next Decade
(MENAFN) The United Arab Emirates (UAE) has pledged a USD1.4 trillion investment framework in the United States, covering a period of 10 years, as announced by the White House on Friday.
This new initiative is designed to significantly boost the UAE's current investments in various sectors of the U.S. economy, including artificial intelligence (AI) infrastructure, semiconductors, energy, and American manufacturing.
The White House highlighted the importance of this investment in its official statement.
The announcement followed a meeting between Leader Donald Trump and the UAE’s national security advisor, Tahnoon Bin Zayed Al Nahyan, which took place on March 18.
During this meeting, details of the investment framework were discussed, marking a key moment in the relationship between the two nations.
Several UAE-based companies, including Abu Dhabi-based MGX, BlackRock, Microsoft, and Global Infrastructure Partners (GIP), have invited NVIDIA and xAI to take part in the AI Infrastructure Partnership (AIP).
This collaboration aims to mobilize an investment totaling up to USD100 billion, which will be directed towards the creation of next-generation data centers as well as energy infrastructure to support AI efforts in the U.S.
Moreover, the UAE's investment fund, ADQ, has revealed a USD25 billion venture focusing on the U.S. in collaboration with its American partner, Energy Capital Partners.
This venture will focus on investing in energy infrastructure and data centers. In addition, several UAE companies have also pledged support for U.S. natural gas production and outputs, with investments directed towards the Next Decade LNG export facility in Texas.
This new initiative is designed to significantly boost the UAE's current investments in various sectors of the U.S. economy, including artificial intelligence (AI) infrastructure, semiconductors, energy, and American manufacturing.
The White House highlighted the importance of this investment in its official statement.
The announcement followed a meeting between Leader Donald Trump and the UAE’s national security advisor, Tahnoon Bin Zayed Al Nahyan, which took place on March 18.
During this meeting, details of the investment framework were discussed, marking a key moment in the relationship between the two nations.
Several UAE-based companies, including Abu Dhabi-based MGX, BlackRock, Microsoft, and Global Infrastructure Partners (GIP), have invited NVIDIA and xAI to take part in the AI Infrastructure Partnership (AIP).
This collaboration aims to mobilize an investment totaling up to USD100 billion, which will be directed towards the creation of next-generation data centers as well as energy infrastructure to support AI efforts in the U.S.
Moreover, the UAE's investment fund, ADQ, has revealed a USD25 billion venture focusing on the U.S. in collaboration with its American partner, Energy Capital Partners.
This venture will focus on investing in energy infrastructure and data centers. In addition, several UAE companies have also pledged support for U.S. natural gas production and outputs, with investments directed towards the Next Decade LNG export facility in Texas.
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