UAE, Germany broaden business ties at Munich forum
Arabian Post Staff -Dubai UAE President Sheikh Mohamed bin Zayed Al Nahyan has called for stronger private-sector cooperation with Germany after attending a major business forum in Munich where companies from the two countries signed 30 agreements and commercial partnerships worth about €9.66 billion. Sheikh Mohamed told executives and investors at the Germany-UAE Business Forum on Friday that…
UAE President Sheikh Mohamed bin Zayed Al Nahyan emphasized the importance of private-sector cooperation with Germany at the Munich Business Forum. Following the forum, 30 agreements and partnerships worth around €9.66 billion were signed. Sheikh Mohamed urged businesses to explore new opportunities in sectors like renewable energy, oil and gas, artificial intelligence, and healthcare.
The Munich gathering coincided with meetings between Sheikh Mohamed and German Chancellor Friedrich Merz, where both governments launched a Strategic Dialogue to enhance their partnership across trade, investment, and other areas. The UAE plans to invest an additional €40 billion in Germany, boosting cooperation in digital infrastructure, energy, and technology.
Germany agreed to expand traffic rights for Emirates and establish a framework for connecting researchers and investors in advanced technologies. Sheikh Mohamed learned about discussions on converting investment opportunities into viable projects, with focus areas including innovation and cross-border investment. Energy agreements, such as RWE and Masdar's joint participation in German offshore wind auctions and RWE and ADNOC's liquefied natural gas supply framework, highlighted the scale of cooperation.
A German-UAE Investment Council will also be established to strengthen engagement between public and private sectors.
Written by urgent.news from Arabian Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
