Following high-level talks with United States President Donald Trump this week, the United Arab Emirates has announced a decade-long investment framework worth $1.4 trillion in the US, according to a White House statement released on Friday.
The agreement aims to significantly expand the UAE’s current investments in key sectors of the US economy, particularly artificial intelligence infrastructure, semiconductors, energy, and manufacturing. The sole entirely new contract highlighted was Emirates Global Aluminium’s planned investment in what would become the first aluminum smelter built in the United States in 35 years, expected to nearly double the nation’s domestic aluminum production capacity.
