UAE Commits to $1.4 Trillion U.S. Investment, White House Says

The United Arab Emirates has committed to a 10-year, $1.4 trillion investment framework in the United States after top UAE officials met President Donald Trump this week, the White House said on Friday.

The framework will “substantially increase the UAE’s existing investments in the U.S. economy” in AI infrastructure, semiconductors, energy, and manufacturing, the White House said in a statement.

The White House did not outline how UAE investments would reach $1.4 trillion, with some of the deals unveiled as part of the framework having already been announced.

The only fully new deal appeared to be an investment by Emirates Global Aluminium in what would be the first new aluminum smelter in the United States in 35 years, the White House said, adding the plant “would nearly double U.S. domestic aluminum production”.

“Developing a primary aluminium smelter in the U.S. has been part of EGA’s ambitions for several years,” a spokesperson for the firm said in a statement. (Read more from “UAE Commits to $1.4 Trillion U.S. Investment, White House Says” HERE)