Abu Dhabi, United Arab Emirates
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The UAE is committed to a 10-year, $1.4 trillion investment framework in the United States after UAE officials met President Donald Trump this week, White House officials said Friday.
The new framework will “substantially increase the UAE's existing investment in the US economy” in AI infrastructure, semiconductors, energy and American manufacturing, officials told Reuters.
Officials said the agreement came from a dinner in which a meeting with UAE national security adviser Sheikh Tanoon Bin was Zays in the oval office on Tuesday, where Vice President JD Vance and several Cabinet members served as UAE delegations, including heads of UAE sovereign funds and corporations.
Based on the framework terms, UAE Investment Fund ADQ, together with US partners, has announced a $25 billion US-focused initiative to invest in energy infrastructure and data centers.
XRG, the international investment arm of UAE state oil company ADNOC, has also announced its commitment to help natural gas production and exports with investments in Texas' next liquefied natural gas export facility, officials said.
Companies are planning additional plans to make significant investments in US assets through gas, chemicals, energy infrastructure and low-carbon solutions, officials said.
