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UAE Pledges €40 Billion to Deepen Economic Ties With Germany

The package aims to boost industry, AI, data centres and energy and will be overseen by a new Investment Council to turn pledges into projects.

Overview

  • During a state visit on Thursday, UAE President Sheikh Mohamed met Germany’s president and chancellor and announced an intended €40 billion investment package for Germany.
  • About €10 billion of the pledge was earmarked for Bavaria and Berlin said part of the money will fund data centres with up to one gigawatt of capacity.
  • The two countries set up a UAE‑German Investment Council and launched a Strategic Dialogue and signed memoranda on air transport, defence and energy to speed project planning.
  • German and Emirati firms signed roughly 29–30 commercial agreements worth about €9.4–9.7 billion during the visit, though many investments still need feasibility work and timelines.
  • Human‑rights and regional security questions raised by NGOs and UN findings were noted in coverage and remain unresolved, leaving oversight and implementation the next tests for the partnership.