_1777292798912_197359786.jpg&w=64&q=75){kind=small}
UAE-Germany Trade Deal Surpasses Value
The investment platform affiliated with ADNOC, the UAE-based company, announced its acquisition of the German company "Cofestro" for €14.7 billion, which exceeds the bilateral trade volume between the two countries that reached €13.56 billion in 2025. Cofestro is a leading global company in the production of high-tech polymer materials used in the automotive, construction, and electronics sectors, achieving revenues of €12.94 billion in 2025 with over 18,000 employees worldwide. The deal was characterized by ADNOC's commitment to maintaining the company as a German entity, respecting governance systems and labor rights, and continuing its development until the end of 2028. This reflects a shift in the UAE's economic presence in Germany and embodies a long-term investment model that supports the bilateral relations between the two nations.
Notice: This Is an AI-Generated Summary
Comments (0)