UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met with German business leaders and company executives during his state visit to the Federal Republic of Germany. The session provided an opportunity for Sheikh Mohamed to review the firms’ current business activities, innovations, and product portfolios.
Strengthening Economic Ties
The discussions focused on the growing trade and investment relationship between the UAE and Germany. Both parties emphasized the critical role of their respective business communities in advancing future-focused sectors, specifically highlighting innovation, technology, and energy.
Sheikh Mohamed reaffirmed the UAE’s commitment to fostering a supportive environment for investors, citing the nation’s advanced infrastructure and enabling legislative framework. He also underscored the UAE’s strategic geographic position as a primary global and regional trade hub.
Strategic Agreements and Growth
- The UAE and Germany have announced 12 new agreements designed to deepen bilateral ties.
- A dedicated UAE-Germany forum successfully secured 30 deals with a total value of €9.66 billion.
- Sheikh Mohamed noted that these agreements and Memorandums of Understanding will create significant expansion opportunities for companies in both nations.
- German business leaders expressed strong interest in increasing their investment footprint in the UAE and enhancing cooperation with local counterparts.
The meeting was attended by members of the official delegation accompanying Sheikh Mohamed, including various sheikhs, ministers, and government officials. This visit builds upon the longstanding partnership between the two countries, following recent engagements including the President’s meeting with Angela Merkel and interactions with UAE students studying in Germany.