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German Chancellor Friedrich Merz talks to UAE President Sheikh Mohamed bin Zayed Al-Nahyan at the Chancellery in Berlin.

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UAE to invest 40 billion euros in Germany

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Published :  
5 hours ago|

The United Arab Emirates is to invest 40 billion euros ($46.5 billion) into Germany, Berlin said Thursday, including on data centres with a capacity of about one gigawatt.

"The two leaders welcomed the announcement of a UAE investment package totaling 40 billion euros in Germany," Berlin said in a statement, referring to German President Frank-Walter Steinmeier and UAE President Mohamed bin Zayed Al Nahyan.

"The package includes investments in advanced digital infrastructure, including the development of new state-of-the-art data centres."