In a significant announcement, Dr. Sultan Al Jaber, Minister of Industry and Advanced Technology of the UAE, emphasized his country's commitment to a sustainable economic partnership with Germany. This partnership, clearly designed based on long-term cooperation, is expected to bring substantial benefits to both countries.
€40 Billion Investment
The UAE government has planned to invest approximately €40 billion in various projects and industries in Germany. This initiative will not only strengthen industrial and technological infrastructure in Germany but will also lead to job creation and innovation in both countries. According to Dr. Al Jaber, these investments are designed based on market needs and existing potentials in both countries.
UAE-Germany Investment Council
Dr. Sultan Al Jaber also referred to the establishment of the UAE-Germany Investment Council, which has been formed to facilitate and strengthen economic relations between the two countries. This council aims to identify new opportunities in various fields, including innovative technologies, renewable energies, and advanced industries. These joint collaborations can significantly contribute to sustainable development and economic growth in both countries.
In this context, the Minister of Industry and Advanced Technology of the UAE expressed hope that with closer cooperation between governments and the private sector, they can achieve long-term economic goals. The partnership between the UAE and Germany will not only benefit the two countries but can also serve as a successful model for other countries.
