Germany and UAE to sign multi-billion dollar deals on Thursday

Germany and the United Arab Emirates are set to sign multi-billion dollar agreements on Thursday, according to a senior UAE diplomat. Lana Nusseibeh, a minister of state in the UAE’s foreign ministry, announced that the deals cover investment, artificial intelligence, and energy sectors. These agreements will bolster relations between the two nations, which already enjoy a $15.5 billion annual trade relationship, excluding oil.

The growing geopolitical uncertainty, including the Iran war and altered ties with the United States, has motivated both countries to expand their strategic networks and strengthen ties with partners across Europe, the Gulf, Asia, and Africa. During a visit to Berlin, UAE President Sheikh Mohamed bin Zayed Al Nahyan will sign the agreements.

Nusseibeh did not disclose specifics but mentioned a technology cooperation framework, energy transition agreements, and existing partnerships in renewables, hydrogen, and energy efficiency. German Chancellor Friedrich Merz recently visited the Gulf region ahead of the United States and Israel's strikes against Iran, which have resulted in an ongoing conflict.