Friday, March 21, 2025

UAE commits to $1.4 trillion US investment

WASHINGTON/DUBAI, March 21 (Reuters) - 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, the White House said on Friday. The framework will "substantially increase the UAE's existing investments in the U.S. economy" in AI infrastructure, semiconductors, energy, and manufacturing, the White House said in a statement.

Posted by lfthndthrds at 07:59 PM | 5 COMMENTS | permalink

Comments

More from the cited article ...

... 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".

"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. ...


#1 | Posted by LampLighter at 2025-03-21 08:11 PM

@#1

So, according to the article, the only new deal was, "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. "


In other words, what's new here?

The announcement, or the prior planning?


#2 | Posted by LampLighter at 2025-03-21 08:14 PM

In other words, what's new here?

#2 | Posted by LampLighter at 2025-03-21 08:14 PM | Reply | Flag

According to the article? $1.4 trillion dollars.

#3 | Posted by lfthndthrds at 2025-03-21 09:27 PM

Sooo, like FoxCon 2? Big hoopla, probably a ground breaking ceremony with gold painted shovels, and then things will never come to fruition, only a bunch of unfinished buildings, just like all of other supposed financial "wins."

#4 | Posted by _Gunslinger_ at 2025-03-22 01:53 AM

#3

You're a ------- idiotic ----. Go drown in 8 feet of water.

#5 | Posted by LegallyYourDead at 2025-03-22 10:40 PM

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