Economy Politics Country 2025-11-21T10:11:56+00:00

UAE to Invest $50 Billion in Canada's Economy

The UAE and Canada have launched a joint investment declaration, committing up to $50 billion to key sectors of the Canadian economy. The initiative was approved by the Crown Prince of Abu Dhabi.


UAE to Invest $50 Billion in Canada's Economy

In Abu Dhabi, under the guidance of Crown Prince Sheikh Khalid bin Mohamed bin Zayed Al Nahyan, a joint investment declaration between the United Arab Emirates and Canada has been launched. The UAE will invest up to $50 billion into key sectors of the Canadian economy. This initiative follows the joint efforts of Canadian Prime Minister Mark Carney and UAE Minister of Investment Mohamed Hassan Al-Suwaidi, along with other senior officials from both countries. The declaration aims to strengthen economic ties and stimulate investment in vital sectors such as technology, renewable energy, and infrastructure.