President Donald Trump secured a $1.4 trillion commitment from the United Arab Emirates earlier this week to invest in American energy, manufacturing, and technology over the next decade.
“This new framework will substantially increase the UAE’s existing investments in the U.S. economy in AI infrastructure, semiconductors, energy, and American manufacturing,” the White House said in a Friday statement announcing the framework, per Bloomberg.
The investment framework resulted from Tuesday’s Oval Office meeting between Trump and the UAE’s national security adviser, Sheikh Tahnoon bin Zayed, combined with Vice President JD Vance and Cabinet members negotiating with a UAE delegation over dinner, a White House official with knowledge of the matter told Reuters. The UAE delegation included leaders of several major national sovereign wealth funds and companies.
Bin Zayed said the UAE is committed to “strengthening its economic ties with the U.S. by accelerating investments in artificial intelligence, advanced technology, infrastructure, energy, and healthcare.”
As part of the framework, according to Reuters, UAE investment fund ADQ and U.S. partner Energy Capital Partners announced a $25 billion initiative targeting American energy infrastructure and data centers, while XRG, the international investment arm of UAE state oil company ADNOC, committed to supporting U.S. natural gas production through an investment in the NextDecade liquefied natural gas export facility in Texas.
The companies involved in these negotiations reportedly have additional plans to make substantial investments in additional U.S. assets, such as gas, chemicals, and energy infrastructure, beyond what the framework already lays out.
Trump had previously highlighted the importance of foreign investment during his campaign, arguing that bringing significant capital back to American shores would help revitalize manufacturing and create new jobs in technology sectors.
