Germany partnership can 'shape future economy', says adviser to President Sheikh Mohamed
Faisal Al Bannai, Adviser to the UAE President for Strategic Research and Advanced Technology Affairs, said the Emirates and Germany could work together to “shape the future economy” after the nations unveiled a €40 billion action plan to advance growing ties. Mr Al Bannai said advanced partnerships across technology and innovation will seek to harness the strengths of both countries and “unlock…
Faisal Al Bannai, the UAE's adviser on strategic research and advanced technology affairs, has stated that Germany and the Emirates have the opportunity to "shape the future economy" through a €40 billion partnership plan. The ambitious initiative aims to expand ties in key sectors such as industry, advanced technology, artificial intelligence, digital infrastructure, and energy.
Al Bannai highlighted that the countries possess complementary technological capabilities, with Germany providing world-class expertise in engineering, industry, and research, while the UAE excels in artificial intelligence, autonomous systems, and the transition from research to practical applications. The partnership promises significant potential across various sectors, including clean energy, advanced manufacturing, and digital infrastructure.
The UAE's state visit to Germany, initiated by President Sheikh Mohamed, is seen as a pivotal moment that will deepen bilateral ties and propel economic development through technology and innovation.
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