Investing.com -- The United Arab Emirates' ambassador to the US reaffirmed his country's commitment to its $1.4 trillion investment framework with America, seeking to ease concerns that the ongoing war with Iran could disrupt the Gulf state's financial plans.

In a letter dated Tuesday to the US-UAE Business Council, Yousef Al Otaiba said the investment pledges announced last year would continue without disruption and plans to accelerate deployment and funding would remain on track.

The reassurance comes as the conflict raises questions about whether Gulf nations might slow foreign investments due to lower energy production and rising war costs affecting public finances.

The ambassador told companies operating in the UAE that infrastructure and public finances remain strong. He said Iran had launched nearly 2,000 missiles and drones at the country, with more than 93% intercepted, and that ports and airports had reopened quickly.

Al Otaiba said the UAE had spent decades preparing for potential conflict by building sovereign wealth reserves of more than $2 trillion, strengthening supply chains and investing heavily in missile defense systems and resilient infrastructure.

Earlier this week, Anwar Gargash, a top adviser to UAE President Sheikh Mohamed bin Zayed, said Iran had miscalculated by targeting Gulf countries, arguing the attacks would push the region closer to the US. Minister of State Reem Al-Hashimy called Tehran's attacks unhinged.

Al Otaiba's letter follows the start of a US-Israeli war on Iran last month, which triggered retaliatory strikes by Iran on countries in the region. The UAE has faced the heaviest retaliation, with attacks targeting its energy infrastructure and airports.