The United Arab Emirates has promised to “invest” $1.4 trillion in several United States sectors like tech, energy, and manufacturing, after a meeting with President Donald Trump.
According to multiple reports on Friday (March 21), an Emirati official sat down with President Trump earlier this week and said the United Arab Emirates will invest $1.4 trillion in the United States economy over the next 10 years.
The promise arrives after years of going ties between the Emirates, Trump, and his son-in-law, Jared Kushner. According to Bloomberg, the UAE that official Donald Trump met with was Sheikh Tahnoon bin Zayed Al Nahyan. Al Nahayn is the UAE’s National Security Adviser.
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According to the U.S. Department of Treasury website, on March 18, Al Nahyan spoke with Secretary of the Treasury Scott K.H. Bessent. A Treasury press release states:
“Secretary Bessent underscored the strong economic, investment, and national security ties between the UAE and the United States, which he hopes to build on during his tenure. He also emphasized the importance of cooperation to curtail Iran’s nuclear and ballistic missile efforts as well as its support for terrorists that destabilize the region.”
According to the United States Embassy & Consulate in the United Arab Emirates website, a press release, dated March 21, reveals that on Tuesday, (March 18, President Trump hosted Sheikh Tahnoon bin Zayed Al Nahyan for a meeting in the Oval Office followed by dinner with Vice President JD Vance and several members of the Cabinet. The press release states:
“Following the meeting, the UAE proudly committed to a 10-year, $1.4 trillion dollar investment framework in the United States. This new framework will substantially increase the UAE’s existing investments in the U.S. economy in AI infrastructure, semiconductors, energy, and American manufacturing.In addition:
- Abu Dhabi-based MGX, BlackRock, Microsoft, and Global Infrastructure Partners (GIP) welcomed NVIDIA and xAI to the AI Infrastructure Partnership (AIP), which will seek to mobilize up to $100 billion in total investment to enable next-generation data center and energy infrastructure build out in support of US AI leadership.
- UAE investment fund ADQ, along with US partner Energy Capital Partners, announced a $25 billion dollar US-focused initiative to invest in energy infrastructure and data centers.
- XRG, owned by ADNOC, announced its commitment to support U.S. natural gas production and exports with an investment in the Next Decade LNG export facility in Texas. They also have additional plans to make substantial investments in US assets across gas, chemicals, energy infrastructure and low carbon solutions.
- ADQ and Orion Resource Partners have agreed to a $1.2 billion mining partnership to secure supplies of critical minerals.
- Emirates Global Aluminum plans to invest in the first new aluminum smelter in the United States in 35 years, which would nearly double US domestic aluminum production.”
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