CNBC – The United Arab Emirates has committed to a 10-year, $1.4 trillion investment framework in the United States after top UAE officials met President Donald Trump this week, a White House official said on Friday.
The new framework will “substantially increase the UAE’s existing investments in the U.S. economy” in AI infrastructure, semiconductors, energy, and American manufacturing, the official told Reuters.
Under terms of the framework, UAE investment fund ADQ, along with U.S. partner Energy Capital Partners, announced a $25 billion U.S.-focused initiative to invest in energy infrastructure and data centers, the official said.
XRG, the international investment arm of UAE state oil company ADNOC, also announced its commitment to support U.S. natural gas production and exports with an investment in the NextDecade liquefied natural gas export facility in Texas, the official said.
The companies have additional plans to make substantial investments in U.S. assets across gas, chemicals, energy infrastructure and low carbon solutions, the official said.
