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UAE invests $1.4 Trillion in US over 10 years

Taarek Refaat Sheikh Mohammed bin Zayed Al Nahyan, President of the United Arab Emirates, said that the UAE will invest $1.4 trillion in the United States over the next ten years, in areas including technology, artificial intelligence, and energy. During his speech at Qasr Al Watan in the UAE capital, Abu Dhabi, during his reception of US President Donald Trump, Sheikh Mohammed bin Zayed added that the UAE is keen to strengthen relations with the US, noting that there is a strong partnership between the UAE and the US for development. He pointed out that the partnership has taken an unprecedented qualitative leap, especially in the new economy, energy, renewable technology, artificial intelligence, and industry. He noted that the US is a strategic partner of the UAE in the Mars Exploration Project and the Asteroid Belt Project. He emphasized that the UAE is keen to continue working with the United States to achieve peace and security in the Middle East and the world. On the other hand, US President Donald Trump told Sheikh Mohammed bin Zayed, President of the UAE: "You are a great warrior, a strong man of vision, and you are highly respected." He added that the United States will work diligently with the UAE, and there is no doubt that the relationship will be even greater and better. He continued: "I believe that the partnership with the UAE in the field of artificial intelligence will be distinctive." Sheikh Mohammed bin Zayed, President of the UAE, awarded US President Donald Trump the Sheikh Zayed Medal at the conclusion of his visit to Qasr Al Watan. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News Egypt confirms denial of airspace access to US B-52 bombers Lifestyle Pistachio and Raspberry Cheesecake Domes Recipe News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia News Australia Fines Telegram $600,000 Over Terrorism, Child Abuse Content Arts & Culture Nicole Kidman and Keith Urban's $4.7M LA Home Burglarized Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Sports Neymar Announced for Brazil's Preliminary List for 2026 FIFA World Cup Qualifiers News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Arts & Culture New Archaeological Discovery from 26th Dynasty Uncovered in Karnak Temple Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War