19 Hrs
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اقتصاد سكاي نيوز عربية
UAE investments boost Germany growth
The article focuses on the depth of the economic partnership between the UAE and Germany, especially through Emirati investments in the German market that support growth, innovation, and the development of industrial capabilities. Data indicates that the non-oil trade volume between the two countries reached $15.51 billion in 2025, with Emirati investments in Germany amounting to over $8.96 billion from 2020 to 2024, compared to German investments in the UAE totaling $744 million. Emirati investments are concentrated in sectors such as clean energy, advanced industry, technology, and energy, with major projects including the expansion of Emirates Global Aluminum, the acquisition of Covestro by XRG, and investments in renewable energy, including offshore wind farms. The cooperation aims to support Germany's energy and industrial cost crises, enhance energy security, diversify energy sources to improve competitiveness, and future plans to finance new industrial assets, reduce reliance on conventional energy sources, and achieve long-term sustainability.
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