UAE to Invest 40 Billion Euros in Germany, Including for Data Centres: Berlin
The pledge includes data centers with up to 1 gigawatt capacity and an Investment Council to deepen business ties, Berlin said.
- On Thursday, United Arab Emirates leader Sheikh Mohamed visited Germany, promising a $46.5 billion investment into Europe's economy. The state visit marked deepening bilateral ties, though no joint press conference was scheduled with Chancellor Friedrich Merz.
- Berlin will establish an "Investment Council" to strengthen business links as part of 29 new agreements worth 9.4 billion euros. This builds on bilateral trade that reached $15 billion last year between the Gulf state and Germany.
- Chancellor Friedrich Merz previously visited the region in February, shortly before the US-Israeli war started against Iran, seeking strategic cooperation. Officials pursue such partnerships as major powers increasingly dominate global politics.
- Human Rights Watch urged German leaders to publicly "call out the United Arab Emirates' human rights record and its role in regional conflicts." HRW Germany director Philipp Frisch called the government's silence on the UAE's alleged role in Sudan as "deeply troubling."
- Investments will target long-term projects, including data centers with capacity up to one gigawatt, as the Gulf region deploys energy wealth strategically. UAE Industry Minister Sultan Ahmed said these investments "reflect our ambition to invest in that relationship" for sustained economic partnership.
33 Articles
33 Articles
UAE announces plans to invest 40 billion euros in Germany to strengthen long-term economic partnership
Berlin: The UAE has announced plans to invest 40 billion euros in Germany across a number of sectors that represent strategic and development priorities for both countries. These include industry, advanced technology, artificial intelligence, digital infrastructure and energy.The announcement builds on the growing momentum in UAE-Germany relations and coincides with the state visit of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan…
The United Arab Emirates announces investments of 40 billion euros in Germany, including in data centers.
UAE to invest 40 billion euros in Germany, including for data centres: Berlin
The money would partly pay for data centres with a capacity of up to one gigawatt, Berlin said, and an "Investment Council" would be set up to boost business links between the two nations. The Gulf is a key source of capital for the AI boom as oil-rich states in the region seek to invest their energy wealth. "The UAE invests for the long term and builds partnerships that endure," UAE Industry Minister Sultan Ahmed Al Jaber said. "Germany has be…
The United Arab Emirates are Germany's most important trading partner in the Gulf. Cooperation is now to be further deepened, including in new data centres.
The United Arab Emirates wants to invest 40 billion euros in Germany. Part of it is planned for new data centres, as a joint statement by the two countries published in Berlin on Thursday shows. The head of state of the Emirates, Sheikh Mohammed bin Sajed al-Nahjan, is currently on a state visit to Germany. He was first received by Federal President Frank-Walter Steinmeier and later by Federal Chancellor Friedrich Merz (CDU).In view of the econo…
The programme will include "investments in advanced digital infrastructure, including the development of new state-of-the-art data centres with a capacity of about 1 gigawatt".
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