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The UAE has announced a $1.4 trillion investment framework in the US over the next decade, focusing on sectors like AI, infrastructure, and energy. Key projects include Emirates Global Aluminium's new smelter, which will nearly double US aluminium production, and a $25 billion initiative by ADQ and Energy Capital Partners for energy infrastructure. This move aims to strengthen economic ties and diversify the UAE's economy beyond oil.
The UAE has committed to a 10-year, USD 1.4 trillion investment in the US, focusing on AI, semiconductors, and manufacturing, following discussions with top US officials. This initiative aims to strengthen US-UAE ties and position the UAE as a leader in AI while diversifying its economy away from energy.Additionally, Emirates Global Aluminum plans to invest in a new smelter in the US over the next 35 years, further solidifying economic collaboration. The agreement also includes partnerships like the Abu Dhabi sovereign wealth fund's collaboration with US private equity firm Energy Capital Partners on a USD 25 billion energy infrastructure initiative.
The UAE and the Central African Republic have signed a Comprehensive Economic Partnership Agreement (CEPA) to enhance trade and investment, following a meeting between President Sheikh Mohamed bin Zayed Al Nahyan and President Faustin-Archange Touadéra in Abu Dhabi. This agreement aims to deepen economic ties, support sustainable development, and is expected to accelerate trade, which reached approximately $252 million in 2024, marking a 75% increase from the previous year. Additional agreements on investment protection and infrastructure development were also announced.
Italy and the UAE have finalized a USD 40 billion investment agreement, enhancing their economic ties across energy, AI, defense, and space. This landmark deal, announced at the Italy-UAE Business Forum in Rome, positions Italy as the UAE's top non-oil trading partner in Europe and includes over 40 bilateral agreements. Major Italian firms will spearhead initiatives in digital connectivity, advanced manufacturing, and space exploration, while also expanding defense cooperation into industrial partnerships.
The UAE has committed $40 billion to invest in Italy, focusing on sectors like artificial intelligence, renewable energy, and space research, during a state visit by President Sheikh Mohamed bin Zayed Al Nahyan. Over 40 agreements were signed, enhancing collaboration in various fields, including defence and cultural heritage, while aiming to establish a bilateral free trade agreement with the EU. This investment follows Italy's recent $10 billion agreements with Saudi Arabia and reflects Prime Minister Giorgia Meloni's strategy to strengthen ties with Gulf nations, prioritizing economic and technological partnerships.
Mohammed bin Zayed Al Nahyan
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UAE announces 1.4 trillion dollar investment plan in US over decade
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06:40 24.03.2025
UAE announces 1.4 trillion dollar investment in US AI and energy sectors
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11:39 23.03.2025
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Italy and UAE finalize 40 billion dollar investment deal across key sectors
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01:00 27.02.2025
UAE announces 40 billion investment in Italy to boost bilateral relations
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