Fav of CanadaFav of Canada
  • Home
  • News
  • Money
  • Living
  • Entertainment
  • Health
  • Sci-Tech
  • Travel
  • More
    • Sports
    • Web Stories
    • Global
    • Press Release

Subscribe to Updates

Get the latest Canada's trends and updates directly to your inbox.

What's On
Case involving teen alleged to be part of online extremist group back in Halifax court

Case involving teen alleged to be part of online extremist group back in Halifax court

December 12, 2025
Saskatoon enhances winter emergency response plan ahead of cold snap

Saskatoon enhances winter emergency response plan ahead of cold snap

December 12, 2025
Students with complex needs continue to be excluded from Sask. schools: advocates

Students with complex needs continue to be excluded from Sask. schools: advocates

December 11, 2025
Facebook X (Twitter) Instagram
Fav of CanadaFav of Canada
  • Home
  • News
  • Money
  • Living
  • Entertainment
  • Health
  • Sci-Tech
  • Travel
  • More
    • Sports
    • Web Stories
    • Global
    • Press Release
Fav of CanadaFav of Canada
You are at:Home » Carney signs investment pact, launches trade talks during UAE visit
News

Carney signs investment pact, launches trade talks during UAE visit

By favofcanada.caNovember 20, 2025No Comments4 Mins Read
Facebook Twitter Pinterest Telegram WhatsApp Email Tumblr LinkedIn
Carney signs investment pact, launches trade talks during UAE visit
Share
Facebook Twitter Pinterest WhatsApp Email
Carney signs investment pact, launches trade talks during UAE visit

Prime Minister Mark Carney signed an investment-protection agreement Thursday with the United Arab Emirates, during a visit to Abu Dhabi that has involved limited media access as concerns grow the country is fuelling ethnic violence in Sudan.

On Thursday, Carney announced the investment pact following a meeting with UAE President Sheikh Mohammed bin Zayed Al Nahyan, and both also launched talks for a full trade deal, aimed at an eventual comprehensive economic partnership agreement.

The prime minister also met Thursday morning with Industry Minister Sultan al-Jaber, before touring a palatial mosque in Abu Dhabi.

On Thursday afternoon, Carney is set to meet with officials from sovereign wealth funds and investment companies in the UAE, including Mubadala, MGX, ADQ and ADIC, ahead of a dinner hosted by the UAE’s national security adviser.

The visit comes just one month after the two countries signed an agreement to boost collaboration on artificial intelligence and data centres.

Janice Stein, founding director of the Munk School of Global Affairs at the University of Toronto, says the UAE is becoming a leader in AI and can help Canada through both investment and innovation.

On a visit to the country earlier this year, she saw extensive AI adoption in the UAE, as well as enthusiasm from government officials for Carney — a former central banker and UN envoy — to visit the country.

Get the day's top news, political, economic, and current affairs headlines, delivered to your inbox once a day.

Get daily National news

Get the day’s top news, political, economic, and current affairs headlines, delivered to your inbox once a day.

“It is very prescient for the prime minister to go — and go early,” Stein said in an interview Tuesday.

“They know him from his previous career, and so I think this is absolutely the right decision.”

The UAE is using its cheap energy to power data centres, similar to how Canadian firms hope to use Alberta’s oilsands.

“It’s going to be one of the powerhouses, one of the nodes in the global economy that’s built around AI,” Stein said of the UAE.

The country has also secured a promise from U.S. President Donald Trump that the country will be able to access the most advanced American chip technology, despite concerns from some U.S. officials over the extent of the Emirates co-operating with China.

Carney toured the Sheikh Zayed Grand Mosque, a sprawling mosque featuring 82 domes which claims to house the world’s largest hand-knotted carpet. Carney noted the building includes materials from across the world.

He said the materials were brought together in an “inspiring” way, and “a testament to the Emirati people to have conceived, created, built and shared this with humanity.”

Carney’s remarks were his only words to media expected Thursday, with his visit not expected to include a news conference. His Emirati hosts have barred media from the bilateral meetings that most countries make open to visiting journalists.

The limited availability comes as the UAE faces growing criticism over widespread allegations it is supporting a militia in the Sudan civil war that is undertaking shocking ethnic violence — something the UAE denies.

Civil war erupted between Sudan’s army and the Rapid Support Forces in April 2023. The paramilitary RSF succeeded the Janjaweed militia that was behind the first Darfur genocide between 2003 and 2005.

Members of the RSF have posted on social media multiple videos of mass killings, often with ethnic taunts.

The UAE has said there is no substantiated evidence that it has armed the RSF, despite a UN report saying there are “credible” allegations.

A readout of Carney’s meeting with Sheikh Mohammed did not mention Sudan, but it did name Palestine.

Stein said the UAE is involved in the conflict despite its instances to the contrary, but she noted Abu Dhabi has also made recent moves toward peace that haven’t been seen on the opposite side of the civil war in Sudan.

“The UAE is one of the principal arms suppliers to the RSF,” she said.

“The Rapid Support Forces have accepted a ceasefire that the Trump administration put forward, and the UAE was instrumental (in that). It’s not forthcoming from the military.”

Carney will travel Friday to South Africa for the G20 leaders’ summit in Johannesburg.


&copy 2025 The Canadian Press

Related Articles

Case involving teen alleged to be part of online extremist group back in Halifax court

Case involving teen alleged to be part of online extremist group back in Halifax court

By favofcanada.caDecember 12, 2025
Saskatoon enhances winter emergency response plan ahead of cold snap

Saskatoon enhances winter emergency response plan ahead of cold snap

By favofcanada.caDecember 12, 2025
Students with complex needs continue to be excluded from Sask. schools: advocates

Students with complex needs continue to be excluded from Sask. schools: advocates

By favofcanada.caDecember 11, 2025
Pressure mounts on Quebec Liberal Leader Pablo Rodriguez to resign amid crisis

Pressure mounts on Quebec Liberal Leader Pablo Rodriguez to resign amid crisis

By favofcanada.caDecember 11, 2025
Longueuil mayor seeks probe into police actions after shooting of Nooran Rezayi

Longueuil mayor seeks probe into police actions after shooting of Nooran Rezayi

By favofcanada.caDecember 11, 2025
Alberta gig workers push for recognition as unstable incomes, burnout take toll

Alberta gig workers push for recognition as unstable incomes, burnout take toll

By favofcanada.caDecember 11, 2025
Add A Comment

Leave A Reply Cancel Reply

Don't Miss
Saskatoon enhances winter emergency response plan ahead of cold snap

Saskatoon enhances winter emergency response plan ahead of cold snap

By favofcanada.caDecember 12, 2025

The City of Saskatoon is stepping up the level of its winter emergency response plan…

Students with complex needs continue to be excluded from Sask. schools: advocates

Students with complex needs continue to be excluded from Sask. schools: advocates

December 11, 2025
Pressure mounts on Quebec Liberal Leader Pablo Rodriguez to resign amid crisis

Pressure mounts on Quebec Liberal Leader Pablo Rodriguez to resign amid crisis

December 11, 2025
Longueuil mayor seeks probe into police actions after shooting of Nooran Rezayi

Longueuil mayor seeks probe into police actions after shooting of Nooran Rezayi

December 11, 2025
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Our Picks
Alberta gig workers push for recognition as unstable incomes, burnout take toll

Alberta gig workers push for recognition as unstable incomes, burnout take toll

By favofcanada.caDecember 11, 2025
Ex-Conservative MP Michael Ma crosses floor to join Carney Liberals

Ex-Conservative MP Michael Ma crosses floor to join Carney Liberals

By favofcanada.caDecember 11, 2025
Canada Post expects to ‘break even by 2030,’ says CEO

Canada Post expects to ‘break even by 2030,’ says CEO

By favofcanada.caDecember 11, 2025
About Us
About Us

Fav of Canada is your one-stop website for the latest Canada's trends and updates, follow us now to get the news that matters to you.

We're accepting new partnerships right now.

Email Us: [email protected]
Contact: +44 7741 486006

Our Picks
Case involving teen alleged to be part of online extremist group back in Halifax court

Case involving teen alleged to be part of online extremist group back in Halifax court

December 12, 2025
Saskatoon enhances winter emergency response plan ahead of cold snap

Saskatoon enhances winter emergency response plan ahead of cold snap

December 12, 2025
Students with complex needs continue to be excluded from Sask. schools: advocates

Students with complex needs continue to be excluded from Sask. schools: advocates

December 11, 2025

Subscribe to Updates

Get the latest Canada's trends and updates directly to your inbox.

Facebook X (Twitter) Instagram Pinterest TikTok
  • Privacy Policy
  • Terms of use
  • Advertise
  • Contact
© 2025 Fav of Canada. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.