UAE’s $50 Billion Bet on Canada Signals a New Phase in Global AI and Energy Partnerships.
The UAE has announced plans to invest up to $50 billion in Canada, targeting sectors that define the future economy. This includes artificial intelligence, energy, mining, and advanced technologies.
The framework was finalized during Canadian Prime Minister Mark Carney’s visit to Abu Dhabi, reinforcing the two countries’ growing economic relationship.
A key part of the strategy is ADNOC’s foreign investment arm, XRG, which focuses on long-term international energy projects. G42 also plays a central role as the UAE expands its AI influence beyond regional borders.
This partnership shows how the UAE uses strategic capital to build deeper ties with countries that share its push for innovation and long-term stability.
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