Reported 1 day ago
The United Arab Emirates has pledged a 10-year investment framework worth $1.4 trillion in the United States after discussions with President Trump. This investment aims to enhance the UAE's presence in sectors such as AI, semiconductors, and energy, including a new aluminum smelter project expected to significantly boost U.S. aluminum production. The commitment highlights the UAE's efforts to strengthen economic ties with the U.S. and transition towards diversification beyond oil.
Source: YAHOO