UAE announces $50 billion investment framework with Canada to boost strategic sectors

The UAE has announced a US$50 billion investment framework with Canada, targeting energy, artificial intelligence, logistics, mining, and other priority industries. Endorsed by senior leaders from both nations, the initiative aims to deepen economic cooperation, enhance high-value investment flows, and strengthen bilateral ties. As of 2024, UAE FDI in Canada reached US$8.8 billion, with Canadas investment in the UAE at US$242 million