Posted on 03/21/2025 10:08:32 PM PDT by Red Badger
The United Arab Emirates (UAE) has committed to a 10-year, $1.4 trillion “investment framework” in the U.S., the White House announced Friday.
The new framework “will substantially increase the UAE’s existing investments in the U.S. economy in AI infrastructure, semiconductors, energy, and American manufacturing,” according to the administration.
The UAE committed to the investments after President Trump hosted the UAE’s national security adviser, Sheikh Tahnoon bin Zayed, and the heads of major UAE sovereign wealth funds and corporations for a meeting in the Oval Office earlier this week.
Among the investments under the framework, the UAE investment fund ADQ and U.S. partner Energy Capital Partners announced a $25 billion initiative to invest in energy infrastructure and data centers.
The energy investment company XRG, owned by the state-run Abu Dhabi National Oil Co. (ADNOC), also announced a commitment to support natural gas production in the U.S. and exports, with “additional plans to make substantial investments in US assets across gas, chemicals, energy infrastructure and low carbon solutions.”
And Emirates Global Aluminum plans to invest in a new aluminum smelter in the U.S., which the White House said would nearly double U.S. domestic aluminum production.
“These significant investments underscore the close ties between the United States and the United Arab Emirates,” the White House noted, as well as fostering “the strong relationship” between Trump and UAE President Mohammed bin Zayed al-Nahyan.
After the UAE official’s visit, Trump wrote in a post on Truth Social that their discussions touched on ways for the two countries to increase their partnership “for the advancing of our economic and technological futures.”
Sheikh Tahnoon bin Zayed “praised President Donald Trump’s leadership and economic policies, noting their significant role in stimulating foreign direct investment and fostering robust economic partnerships,” according to a release from the UAE Embassy in Washington, D.C.
The Arab security adviser also met with Treasury Secretary Scott Bessent and White House national security adviser Mike Waltz earlier this week.
Is this Emir auditioning for “The Human Fly” or is he just blinded by the lights?
He’s a Ringo Starr fan..................
The UAE is some sort of tech/manufacturing center?
Where are all of the Muzzie tech geniuses?
They are looking for a way to stash their wealth safely far away from Iran............
OK.
That’s funny.
They need to smite Iranian “leadership” and turn Iran into a center of near-Western Civilization.
He's a space alien from the Weekly World News.
Yes the USA is a safe haven, to secure wealth.
But we can also offer competitive return opportunities.
And also, the UAE has security concerns, that US weapons, and US alliance are the best solutions that money can buy.
Trump really works it, to attract investment, and to also get what we need - like a big increase in domestic aluminum production capacity.
We are so lucky to have him. Foreign Direct Investment has been surging into the USA.
My late father would have said the Emir must be some kind of Dope Addict to be sporting dark shades like that while indoors, but not necessarily.
Maybe he’s incognito.
An increase in domestically sourced beer cans?
That’s a sweet investment. How the hell does he do it??
Canada....are you paying attention....”will double our aluminum output”....
why do I suddenly feel uneasy about this...
No one has the slightest idea why.
Maybe you’re just a worrier.
Hmmm... Or maybe I’m smart enough to learn from history.
bmk
I suggest Midol for cramps. Take a nap and when you wake you should feel much better.😄
I trust Trump, but I don’t like the idea of having them as part of our economy.
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