UAE announces plan to invest €15 billion into Greece
The UAE is to invest a further €15 billion (Dh61.7 billion/$16.8 billion) into Greece as part of a joint initiative between the nations The plan was unveiled on the sidelines of an official visit to the European country by Sheikh Khaled bin Mohamed , Crown Prince of Abu Dhabi, on Thursday. It builds on the joint investment initiative, which was launched in May 2022 with a value of €4 billion, Abu…
The United Arab Emirates has pledged an additional €15 billion (Dh61.7 billion/$16.8 billion) in investments to Greece as part of a joint initiative, following Sheikh Khaled bin Mohamed's official visit to Greece. This plan expands on a previous €4 billion investment framework established in May 2022, focusing on strategic sectors of mutual interest such as energy and healthcare.
The investment reflects the trust and confidence between the UAE and Greece, presenting opportunities for sustainable economic growth and enhancing the competitiveness of both nations. Sheikh Khaled met with Greek Prime Minister Kyriakos Mitsotakis to discuss bolstering collaboration across various sectors and reflected on regional and international developments, emphasizing the importance of security, peace, and stability.
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