UAE Eyes $50 Billion Investment Blitz in Canada’s Energy and AI Sectors ...Middle East

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UAE Eyes $50 Billion Investment Blitz in Canada’s Energy and AI Sectors
source : OILPRICE ( Middle East ) () 38
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 prelude to a trade agreement in any scenario that Canada has been in,” the former premier…

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