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.
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.