Page 157 - MOET ENGLISH PR REPORT - OCTOBER 2025 (Part 1)
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11/3/25, 5:19 PM MoET and DSO sign deal to boost Emirati startups globally
seeking regional expansion. Lootah noted that this partnership builds on successful
collaboration between both sides and will “lay the foundation for a new phase of growth for
German companies,” in line with Dubai’s Economic Agenda D33.
Economic ties between the UAE and Germany have strengthened significantly, with non-oil
trade reaching Dhs50.68 billion ($13.8 billion) in 2024, a 5.4 per cent rise from 2023.
Henkelmann stated that the collaboration would enable German companies to expand across
key sectors, contributing to innovation and knowledge exchange between the two nations.
The partnership includes establishing a “German Desk” to facilitate fast-track market entry and
operational support, an industrial innovation hub at Dubai Silicon Oasis for German tech pilots,
and a “DAFZ–Germany Fast Lane” to streamline cargo and trade operations. It also promotes e-
commerce growth through Dubai CommerCity by offering cross-border fulfilment solutions,
hosting trade missions, and connecting German brands to regional markets. Additionally, a
venture-building programme will support German startups in Dubai and UAE-based startups
expanding into Europe through the AHK network.
WAM
https://www.gulftoday.ae/business/2025/10/31/ministry-of-economy-and-tourism-dubai-silicon-oasis-to-empower-emirati-entrepreneurs 4/4

