Locator: 48554GOUSA.
Today: link here. $1.4 trillion from .... one ... country. Usually such commitments are front loaded or at least announced early.
The United Arab Emirates will invest $1.4 trillion in the U.S. economy over the next 10 years after a meeting between President Donald Trump and an Emirati official earlier this week, according to multiple reports on Friday, following years of growing ties between the Emirates, Trump and his son-in-law Jared Kushner.
Key notes:
An anonymous White House official told Reuters the investment deal will “substantially increase” the UAE’s existing investments in the U.S., while Bloomberg, citing a White House statement, reported the investments included funding for AI infrastructure, semiconductors and U.S.-based manufacturers.
The deal was reached after Trump announced in January that Emirati billionaire Hussain Sajwani—a prominent figure during Trump’s first presidential term—would invest $20 billion to build data centers across the U.S., though Sajwani said he hoped to invest “even more” if the opportunity “[allows] us.”
An agreement was reached after a meeting on Tuesday between Trump and Sheikh Tanoon bin Zayed Al Nahyan—UAE’s national security adviser—and a dinner between Vice President JD Vance, other Trump administration officials and the UAE delegation, which included heads of UAE-based sovereign wealth funds and corporations.
Some of the companies—including the UAE investment fund ADQ—will also invest in U.S. assets like gas, chemicals and energy infrastructure.
Iran
Continued sanctions on Iran and keeping Iran on a defensive position will help Saudi and UAE maintain their commitment to investing in the US.
A Trading Stock?
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