News
Health
Business
During President Sheikh Mohamed bin Zayed Al Nahyan’s state visit to Germany, the United Arab Emirates revealed plans to channel €40 billion into the German economy, focusing on sectors such as industry, technology, energy, and digital infrastructure. The announcement was made alongside broader economic agreements between the two nations, with German Chancellor Friedrich Merz joining the UAE leader. UAE investment in Germany targets industry, AI, digital infrastructure and energy. A key aspect of the UAE’s investment strategy is the development of digital infrastructure. The joint declaration outlined plans for creating state-of-the-art data centres with approximately 1 gigawatt of combined capacity in Germany. Discussions also encompassed artificial intelligence, energy initiatives, and industrial development. Germany committed to facilitating the necessary conditions for the execution of these data-centre investments. These efforts serve to strengthen the expanding economic partnership between the UAE and Germany, spanning technology, manufacturing, and energy sectors. Companies from both countries formalized 29 agreements and memoranda, collectively valued at over €9.356 billion. Additionally, the two governments agreed to establish a German-UAE Investment Council aimed at connecting government bodies with private enterprises and promoting cross-border investments. A new Strategic Dialogue was also launched, focusing on trade, technology, investment, energy, transport, education, security, and other areas of bilateral collaboration. Digital infrastructure plays a central role in the large investment initiative The €40 billion pledge builds upon previous significant UAE-related investments in Germany, with XRG reportedly investing around €15 billion in

