LATEST NEWS:

UAE to invest $1.4 trillion in US

UAE to invest $1.4 trillion in US

The president of the United Arab Emirates said Thursday that his country planned to invest $1.4 trillion in the United States over 10 years, praising a "strong partnership that flourished" under US President Donald Trump.

Sheikh Mohamed bin Zayed announced the UAE's "plan to invest $1.4 trillion in the United States ... over the next 10 years," in areas including technology, artificial intelligence and energy, speaking from the presidential palace in Abu Dhabi alongside Trump.

The FM also said that his country is keen to continue working with the United States to achieve peace and stability in the region.


Trump visited the capital of the United Arab Emirates on Thursday, the last stop of a tour of Gulf states.

The FM also told Trump that the bilateral relationship had taken "a significant step forward since you took office."

During their meeting, Trump told MBZ that the UAE president was a "great fighter," adding that their relationship was so good, "it can't get any better."

Trump also received the Order of Zayed, the highest civilian distinction in the United Arab Emirates. /Telegraph/