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…
