UAE plans to invest $1.4 trillion in US over 10 years

AFP | Abu Dhabi

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The UAE president Mohamed binZayed Al-Nahyan yesterday said his country planned to invest $1.4 trillion in the US over 10 years, lauding a “strong partnership” that flourished under US President Donald Trump.

Sheikh Mohamed bin Zayed announced the “UAE’s plan to invest $1.4 trillion in the United States... over the next 10 years,” in fields including technology, artificial intelligence and energy, speaking from the presidential palace in Abu Dhabi alongside Trump.

Trump visited the UAE’s capital city yesterday, the last stop of a tour of Gulf states, after visiting Saudi Arabia and Qatar.

During a meeting in Abu Dhabi, Sheikh Mohamed bin Zayed assured Trump that the UAE is keen on continuing to work with the US to achieve peace and stability in the region.