UAE firms eager to invest in semiconductor businesses and technical industries in US

UAE companies are keen to invest in technical industries, semiconductor businesses and information technology projects in the world’s largest economy, according to a senior official from the Ministry of Economy. Ahmad Al Falasi, Minister of State for Entrepreneurship and SMEs made the remarks during the UAE-US Innovation and Investment conference that was held recently, the Ministry of Economy said on Wednesday. Investments from the UAE amounted to $44.7 billion by the end of 2020, accounting for the largest share of total Arab investments in the US, Mr Al Falasi said.

Read the original article in The National: UAE companies keen to invest in semiconductor businesses and technical industries in US