what are they planning to invest in?
I think its retarded to think they would invest 3 times more than there GDP. I don't think its retarded to invest.
Do you know what the investment plan is? I don't
Per Brave AI:
The investment framework builds on existing UAE economic activity in the U.S., which already includes over $1 trillion in deployments, such as stakes in U.S. infrastructure and a majority ownership in Nasdaq-listed chipmaker GlobalFoundries.
As part of the new framework, UAE investment fund ADQ and U.S.-based Energy Capital Partners announced a $25 billion initiative to invest in energy infrastructure and data centers.
Additionally, the UAE’s state-owned energy company XRG, part of Abu Dhabi National Oil Co. (ADNOC), pledged support for U.S. natural gas production and exports, with further plans for investments in gas, chemicals, and low-carbon solutions.
Per CNBC:
The new framework will “substantially increase the UAE’s existing investments in the U.S. economy” in AI infrastructure, semiconductors, energy, and American manufacturing, the official told Reuters.
The official said the agreement resulted from a meeting that Trump held on Tuesday with UAE national security adviser Sheikh Tahnoon bin Zayed in the Oval Office and a dinner that Vice President JD Vance and several Cabinet members held with the UAE delegation, which included the heads of major UAE sovereign wealth funds and corporations.
Under terms of the framework, UAE investment fund ADQ, along with U.S. partner Energy Capital Partners, announced a $25 billion U.S.-focused initiative to invest in energy infrastructure and data centers, the official said.
XRG, the international investment arm of UAE state oil company ADNOC, also announced its commitment to support U.S. natural gas production and exports with an investment in the NextDecade liquefied natural gas export facility in Texas, the official said.
The companies have additional plans to make substantial investments in U.S. assets across gas, chemicals, energy infrastructure and low carbon solutions, the official said.
So, the first says they already have 1T in deployments.
Why is it retarded to think they will invest more, after UAE officials said they would?
Now, you could make a reasonable argument that the numbers in the WH list are not absolute, and subject to change and not all will happen.
But the attempt to pick one example from a list and call folks who believe the list retards, seems to have fallen short here.