Afghanistan, Nov. 22 -- The UAE will invest up to $50 billion in Canada's AI, energy, and mining sectors, strengthening bilateral ties and boosting innovation.
The UAE has announced a $50 billion investment in Canada's artificial intelligence, energy, and mining sectors, marking a significant step in strengthening bilateral relations.
This move comes during Canadian Prime Minister Mark Carney's visit to Abu Dhabi, signaling deeper economic cooperation between the two countries, particularly in high-tech industries.
The UAE has been expanding its foreign investments, especially in energy, as part of a strategy to diversify its global economic presence, with Canada being a key partner.
Abu Dhabi is also heavily investing in AI, planning t...