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Source: عكس السير
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Majid Jalfar, CEO of Deutsche Bank in the UAE, clarified that the UAE has become Germany's most important economic partner in the Gulf region, with increasing cooperation in investment, technology, and future sectors, especially following Sheikh Mohammed bin Zayed's visit to Germany. The relationship between the two countries has developed over more than five decades, with around 2,000 German companies using the UAE as their regional hub. The trade exchange between the UAE and Germany reached approximately 13.4 billion euros in 2025, while the UAE's non-oil foreign trade hit a record high of 1.94 trillion dirhams in the first half of 2026, with an annual growth rate of 13.1%. Both the UAE and Germany expect future collaboration to focus on artificial intelligence, advanced manufacturing, renewable energy, and digital infrastructure, supported by long-term investments amid Germany's economic transformation.
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