US EditionUAE plans to invest $50 billion in Canada’s energy and AI sectors
The UAE will invest $50 billion in Canada to boost energy, artificial intelligence, mining, and logistics sectors under a framework to enhance trade and create jobs, officials said.
- The United Arab Emirates plans to invest $50 billion USD in Canada, equivalent of $70 billion, Carney's office said.
- As part of a bilateral investment framework agreement, Prime Minister Mark Carney announced the $50 billion pledge following his trade-focused visit to Abu Dhabi, the first by a sitting Canadian prime minister since 1983.
- UAE funding targets energy sector, artificial intelligence , logistics, mining, and data centres, building on an initial October pact on AI and digital innovation.
- The investments would expand critical-minerals processing capacity, create jobs and boost supplies for energy technologies and advanced manufacturing, Prime Minister Mark Carney said.
- Under directives from UAE President Sheikh Mohamed, Sheikh Khaled bin Mohamed approved the $50 billion investment framework, with no published notice from the UAE foreign ministry, and Carney raised Sudan civil war issues during his visit.
26 Articles
26 Articles
UAE pledges $50B investment into Canada AI, energy
The UAE has pledged $50 billion to invest in Canada’s energy, artificial intelligence, logistics, and critical minerals sectors. UAE sovereign wealth funds are due to visit Canada in early 2026 to start identifying potential deals, and Canadian pension funds will come to the emirates as part of a deal struck during a visit to Abu Dhabi by Canada’s Prime Minister Mark Carney, alongside a promise to open talks on a free-trade deal.The agreement ma…
This funding would cover the energy, AI, mining and other strategic industries.
UAE Eyes $50 Billion Investment Blitz in Canada’s Energy and AI Sectors
The United Arab Emirates is ready to invest as much as $50 billion in Canada’s industries, notably energy and artificial intelligence, following a visit by Prime Minister Mark Carney in Abu Dhabi. Reuters reported the news, citing a statement by the Emirati authorities that did not feature any details on the investment agreement. Earlier reports, however, mentioned an investment pact signed by Carney and his hosts in Abu Dhabi. The pact was “a p…
Carney wraps United Arab Emirates visit with pledge of $70B to be invested in Canada
ABU DHABI — Prime Minister Mark Carney says Ottawa is working on a $1 billion project aimed at expanding critical minerals processing capacity in Canada, while securing the equivalent of $70 million in investment from the United Arab Emirates.
Carney wraps United Arab Emirates visit with pledge of $70B to be invested in Canada
ABU DHABI — Prime Minister Mark Carney says Ottawa is working on a $1 billion project aimed at expanding critical minerals processing capacity in Canada, while securing the equivalent of $70 million in investment from the United Arab Emirates.
Carney wraps United Arab Emirates visit with pledge of $70B to be invested in Canada
ABU DHABI — Prime Minister Mark Carney says Ottawa is working on a $1 billion project aimed at expanding critical minerals processing capacity in Canada, while securing the equivalent of $70 million in investment from the United Arab Emirates.
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