ISTANBUL 

The United Arab Emirates (UAE) committed a $1.4 trillion investment framework in the US over the 10 years, said White House on Friday.

“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 statement.

The statement came after a meeting of President Donald Trump and Tahnoon Bin Zayed Al Nahyan, the UAE’s national security advisor, on March 18.

Abu Dhabi-based MGX, BlackRock, Microsoft and Global Infrastructure Partners (GIP) have invited NVIDIA and xAI to join the AI Infrastructure Partnership (AIP), which will mobilize a total investment of up to $100 billion to enable the creation of next-generation data center and energy infrastructure to support US AI efforts.

In addition, UAE investment fund ADQ announced a $25 billion US-focused venture with its US partner Energy Capital Partners to invest in energy infrastructure and data centers.

Several UAE firms have also announced a commitment to support US natural gas production and exports through an investment in the Next Decade LNG export facility in Texas.

The two countries also agreed to establish a $1.2 billion mining partnership to secure supplies of critical minerals.

Aluminum production in the US was also a topic in the investment framework.

"Emirates Global Aluminum plans to invest in the first new aluminum in the Unites States in 35 years, which would nearly double US domestic aluminum production," it said.