Updated
Updated · Bloomberg · Jul 23
UAE Says It Will Beat $1.4 Trillion US Investment Timeline, Faulting EU Trade Delays
Updated
Updated · Bloomberg · Jul 23

UAE Says It Will Beat $1.4 Trillion US Investment Timeline, Faulting EU Trade Delays

3 articles · Updated · Bloomberg · Jul 23

Summary

  • $1.4 trillion in planned UAE investment in the US is running ahead of its 10-year schedule, Trade Minister Thani Al Zeyoudi said, adding the target could be met “much quicker.”
  • The pledge was made during Donald Trump’s visit to the UAE in May last year, and Al Zeyoudi said implementation is progressing “very well.”
  • The UAE also criticized the European Union for stalling trade talks, contrasting faster movement on its US investment push with slower engagement from Europe.

Insights

With $1.4 trillion flowing in, what financial risks does the lack of a US-UAE tax treaty create for investors?
How will the US protect its AI technology as the UAE continues its deep economic ties with China?