UAE Announces €40 billion Investment in Germany
On Thursday, the United Arab Emirates disclosed a plan to allocate €40 billion (approximately US$46 billion) toward investments in Germany, aiming to deepen the long‑standing strategic and economic partnership between the two nations. The announcement was made by Sultan Al Jaber, the UAE minister of Industry and Advanced Technology, in a statement to Bloomberg News.
Al Jaber emphasized that the €40 billion commitment reflects the UAE’s objective to collaborate with leading German industrial and technology companies, enhance UAE capabilities in strategic sectors, and establish businesses that can serve growth markets across the Gulf, Asia, and Africa. No specific industries, companies, or projects were identified in the statement.
The UAE’s broader diversification strategy places data centers and artificial intelligence at the core of its economic transformation, seeking to position the country as a key player in these fast‑growing fields. Additionally, the announcement notes an increased focus on expanding defence ties beyond the United States, contextualised by the ongoing Iran‑UAE conflict, now in its seventh month with limited prospects for near‑term peace.
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