UAE to Invest $70 Billion in Canada, Ottawa Says
The crown prince of Abu Dhabi is in Ottawa for meetings with Prime Minister Mark Carney today that are expected to culminate in a $70 billion investment in Canada by the United Arab Emirates. Carney greeted Sheikh Khaled bin Mohamed bin Zayed Al Nahyan at a welcome ceremony held on Parliament Hill on Oct. 27, followed by a joint signing ceremony between the two officials.
TL;DR
- Crown Prince of Abu Dhabi met with Prime Minister Mark Carney in Ottawa.
- A $70 billion investment by the United Arab Emirates in Canada is anticipated.
- The meetings are expected to culminate in a joint signing ceremony.
- The strategic partnership aims to deepen economic and security ties.
- The goal is to increase trade, new investment, and prosperity for both nations.