President Sheikh Mohamed meets Germany's economy and energy minister in Abu Dhabi
President Sheikh Mohamed on Tuesday held talks in Abu Dhabi with Katherina Reiche, Germany's Minister for Economic Affairs and Energy. They spoke about efforts to further expand growing UAE-Germany relations, with a focus on the economy, investment and energy, under the Strategic Partnership in place between the nations. Ms Reiche was in the Emirates to take part in the Adipec conference, joining…
Sheikh Mohamed met with Germany's Minister for Economic Affairs and Energy, Katherina Reiche, in Abu Dhabi on Tuesday. The meeting centered on strengthening the growing UAE-Germany partnership, focusing on economy, investment, and energy. Reiche attended the UAE's Adipec conference alongside numerous global ministers who prioritized the energy sector's future. Sheikh Mohamed hosted Bavaria's Minister-President, Markus Soder, a day prior, during his state visit to Germany.
The leaders reiterated their commitment to enhancing cooperation between the UAE and Bavaria, reflecting on the success of Sheikh Mohamed's recent state visit to Germany in September. During his visit, Sheikh Mohamed announced plans to invest €40 billion ($46.47 billion) in Germany, with a quarter of the funds, €10 billion, designated for Bavaria. Additional agreements included the establishment of a UAE-German Investment Council and a Strategic Dialogue between the two nations.
Fahad Al Gergawi, Undersecretary at the Ministry of Foreign Trade, stated that there was a mutual dedication to innovation and development during a business roundtable featuring senior UAE and Bavarian officials. He emphasized that Germany remains one of the UAE's most significant economic partners within the European Union, accounting for around 20% of the UAE's total non-oil foreign trade with the bloc.
Bavaria's expertise in industry, technology, and innovation complements the UAE's role as a global trade and investment hub, Soder added, expressing optimism about converting these complementary strengths into productive, long-term partnerships.
Written by urgent.news from The National UAE's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
