UAE to Invest $1.4T in the US Over the Next Decade

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On Thursday, the president of the United Arab Emirates, Sheikh Mohamed bin Zayed, said he will invest $1.4 trillion in the United States over the next decade. He emphasized a “strong partnership” with Washington that has flourished under President Donald Trump, reported AFP.

Speaking next to Trump at the presidential palace in Abu Dhabi, Sheikh Mohamed said the investments would span critical sectors such as technology, artificial intelligence, and energy.

“The UAE’s plan to invest $1.4 trillion in the United States over the next 10 years is a testament to the strength of our strategic relationship,” the UAE president said. His remarks came during the final leg of President Trump’s four-day tour of the Gulf region, which has seen a wave of business and defense agreements with several countries.

According to Reuters, Trump visited the Al Udeid Air Base in Qatar earlier in the day, the largest US military installation in the Middle East.  He told the troops that Qatar would invest $10 billion to upgrade the facility.

Also, on Wednesday, Qatar signed $42 billion worth of defense procurement deals. In addition, Saudi Arabia invested $600 billion in the US, and Qatar Airways agreed to purchase up to 210 Boeing widebody aircraft.

Reuters reported that the UAE has also reached a preliminary agreement with the US to import 500,000 of Nvidia’s most advanced AI chips annually for its data centers starting this year.

Saudi Arabia’s State News called President Trump “The true president of the world.”

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