November 20, 2025
RED FM News Desk
Prime Minister Mark Carney signed an investment-protection agreement with the United Arab Emirates on Thursday during a tightly controlled visit to Abu Dhabi, where growing concerns persist about the UAE’s alleged involvement in fuelling ethnic violence in Sudan.
Carney announced the pact after meeting with UAE President Sheikh Mohammed bin Zayed Al Nahyan. The two leaders also launched negotiations toward a full trade deal, with the goal of eventually establishing a comprehensive economic partnership agreement.
Earlier in the day, Carney met with Industry Minister Sultan al-Jaber before touring a major mosque in the capital. He is also scheduled to meet executives from major Emirati sovereign wealth funds and investment firms, including Mubadala, MGX, ADQ and ADIC, ahead of a dinner hosted by the UAE’s national security adviser.
The trip comes just one month after Canada and the UAE agreed to deepen 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 emerging as an AI leader and could support Canada through both investment and innovation.
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