UAE announces plans for additional $16.8bn investment in Greece
UAE announces plans to invest an additional $16.8bn in Greece, expanding a joint investment initiative launched in 2022 with an initial value of $4.5bn
The United Arab Emirates (UAE) has announced plans to invest €15 billion (Dh61.7 billion) into Greece as part of a joint initiative between the two nations. Crown Prince of Abu Dhabi, Sheikh Khaled bin Mohamed, unveiled the plan on the sidelines of an official visit to Greece on Thursday. This investment builds upon a previous €4 billion initiative launched in May 2022, which has supported strategic investments in various sectors of mutual interest, including energy and healthcare.
The UAE's investment reflects the strong trust between the two countries and presents an opportunity to explore new prospects in vital, future-oriented sectors, promoting sustainable economic growth and enhancing the competitiveness of both economies. The announcement underscores the UAE's confidence in Greece's economic and investment potential, its strategic location, and its role as a bridge connecting European markets with regional and international markets.
During the visit, Sheikh Khaled met with Greek Prime Minister Kyriakos Mitsotakis to discuss ways to strengthen collaboration in key sectors such as energy, infrastructure, healthcare, advanced technology, and healthcare. They also discussed regional and international developments, emphasizing the importance of reinforcing security, peace, and stability.
Sheikh Khaled was warmly received upon his arrival in Athens by Greek Foreign Minister George Gerapetritis.
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- UAE announces plan to invest €15 billion into Greece thenationalnews.com
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