The White House announced on Friday that the United Arab Emirates (UAE) committed to a 10-year, $1.4 trillion investment framework in the United States.

President Trump met with top UAE officials this week.

The investment in the U.S. economy will include:

  • AI Infrastructure
  • Semiconductors
  • Energy
  • American Manufacturing

Per Reuters:

The White House did not outline how UAE investments would reach $1.4 trillion, with some of the deals unveiled as part of the framework having already been announced.

The only fully new deal appeared to be an investment by Emirates Global Aluminium in what would be the first new aluminum smelter in the United States in 35 years, the White House said, adding the plant “would nearly double U.S. domestic aluminum production”.

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“Developing a primary aluminium smelter in the U.S. has been part of EGA’s ambitions for several years,” a spokesperson for the firm said in a statement.

The UAE, an oil producer and longtime security partner of the U.S., is looking to deepen investment ties with Washington and is emerging as a global leader in AI, one of the sectors it is betting on to diversify its economy away from energy.

The Hill reports:

The UAE committed to the investments after President Trump hosted the UAE’s national security adviser, Sheikh Tahnoon bin Zayed, and the heads of major UAE sovereign wealth funds and corporations for a meeting in the Oval Office earlier this week.

Among the investments under the framework, the UAE investment fund ADQ and U.S. partner Energy Capital Partners announced a $25 billion initiative to invest in energy infrastructure and data centers.

The energy investment company XRG, owned by the state-run Abu Dhabi National Oil Co. (ADNOC), also announced a commitment to support natural gas production in the U.S. and exports, with “additional plans to make substantial investments in US assets across gas, chemicals, energy infrastructure and low carbon solutions.”

And Emirates Global Aluminum plans to invest in a new aluminum smelter in the U.S., which the White House said would nearly double U.S. domestic aluminum production.

“These significant investments underscore the close ties between the United States and the United Arab Emirates,” the White House noted, as well as fostering “the strong relationship” between Trump and UAE President Mohammed bin Zayed al-Nahyan.

 

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