The framework “will substantially increase the existing investments of the EAU in the economy of the United States” in AI infrastructure, semiconductors, energy and manufacturing, said the White House in a statement on Friday.
The White House, however, did not describe how Eau’s investments would reach $ 1.4 billion, with some of the agreements filed as part of the frame already announced, Reuters reported.
The only new agreement seemed to be an investment in the global aluminum of Emirates in what would be the first New Aliminum smelting in the United States in 35 years, said the White House, adding that the plant “would continue to be a nearby production of Dousuminum.”
“Developing a foundry of primary aluminum in the United States has been part of EGA’s ambitions for several years,” said a spokesman for the firm in a statement.
The EAU, an oil producer and a lung time security partner of the United States, is looking to deepen investment ties with Washington and is emerging as a world leader in AI, one of the sectors in which he is betting on diversifying his economy away from energy.
In September, the president of the EAU, Sheikh Mohamed Bin, Zayed al Nahyan, with the former president of the United States, Joe Biden, on the first visit of a president of the EAU to the White House, as the two leaders, deepening the cooperation discussed in areas such as AI, investments and space exploration.
The sovereign gulf wealth funds, including the Mubadala of $ 330 billion of Abu Dhabi, are already large US investors, and Trump and his family have commercial ties with the region, said the Reuters report.
The huge Eau investment plans in the United States follow Trump in January asking Saudi Arabia to spend more than $ 1 billion in the US economy. UU. For four years, including purchases of military teams.
The president of the United States also said that this month he would probably make his first trip abroad to the Gulf country to seal an investment agreement.
The agreement, which could happen between this month or the next, would arrive at a time when Saudi Arabia, the largest economy in the Arab world, has a more prominent role in the foreign policy of the United States.
The Gulf Country is ready to organize diplomatic conversations in Ukraine that involve the United States and Russia next week.
The White House said Friday that the Eau group resulted in a meeting that Trump held on Tuesday with the national security advisor Sheikh Tahnoon Bin Zayed al Nahyan in the Oval office and a dinner that Vice President JD Hellaters, Imadet’s memets, WremedMedMeds, Wheemed Mobedmeders, Whecinet Mouudets Mobedmeders, older or older.
Among the outstanding links on Friday was an association between the EAU Soeign Wealth Fund Adq, chaired by Sheikh Tahnoon, and the private capital partners of the US private capital, for a creative of $ 25 billion of the United States. Uu. That had been announced previously two days ago.
An XRG commitment, the international investment arm of the EAU state oil company, ADNOC, was launched in November, to support the production and natural gas exports of the United States with an investment in the next export installation of liquefied natural gas, if it had been the previous public.
