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MGX to Invest Up to 80% of Portfolio Into US Projects

April 2025

Altera Stratix IV microchip mounted on green circuit board with visible connectors

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MGX CEO Ahmed Yahia Al Idrissi shared the UAE AI investment firm’s plans to invest 70-80% of its portfolio in US-based projects. Part of the UAE’s 10-year, $1.4trillion investment commitment to the US, MGX’s investment strategy targets advanced manufacturing, data center infrastructure and AI applications, including LLMs.

TheU.S.-U.A.E. Business Council hosted Al Idrissi in Abu Dhabi in April 2025, where he briefed over 100 senior business executives on MGX's strategic investment plans. At the event, US Ambassador Martina Strong highlighted MGX's importance to the UAE-US economic relationship.

Why this Matters

MGX is investing side-by-side with US innovators to develop American AI, expand compute and strengthen tech supply chains across the country. Key US investment initiatives from MGX like Stargate and Altera are driving job creation and supporting the US tech ecosystem.