Washington D.C. - The White House has formally thanked the United Arab Emirates (UAE) for agreeing to a substantial 10-year, $1.4 trillion investment framework. This agreement signifies a major economic partnership between the two nations and promises to inject significant capital into the U.S. economy.
The announcement, made on Friday, detailed the scope of the investment, which is expected to span a wide range of sectors, including infrastructure, technology, and clean energy. Officials anticipate that this influx of capital will stimulate job creation, foster innovation, and contribute to overall economic growth within the United States.
"We are deeply grateful to the UAE for their commitment to investing in the United States," a White House spokesperson stated. "This framework represents a significant step forward in strengthening the economic ties between our two countries and will create opportunities for businesses and workers across the U.S."
The specific details of the investment allocations are expected to be released in the coming months. Experts suggest that the agreement reflects the UAE's confidence in the long-term stability and growth potential of the U.S. economy, as well as a shared commitment to fostering closer bilateral relations.
UAE to Invest $1.4 Trillion in US Under New Agreement
The United Arab Emirates (UAE) has committed to a significant increase in investments within the United States. The White House announced a new 10-year investment framework on Friday. This agreement will see the UAE invest $1.4 trillion across various sectors of the U.S. economy, potentially creating jobs and boosting growth. The White House expressed its gratitude for the UAE's commitment.