Page 421 - MOE ENGLISH PR REPORT - FEBRUARY 2025 Part 2

2/18/25, 3:30 PM UAE-German Business Forum convened in Abu Dhabi – UAE Business and Travel Insights – TotalUAE.com
The forum also witnessed the exchange of several Memorandums of Understanding on joint investments
between Emirati and German companies, particularly in fintech, digital transformation, and sustainable
investments.

The agreements included an investment by Germany’s Capital 468 in several UAE-based companies, such as the
digital payment platform Alaan and the financing company Flow48. Additionally, investments were made in
Hydrum Technologies, a market-making platform, and Oro, a digital platform for tokenised gold investments.

Furthermore, Germany’s ZenAdmin, a specialist in IT and HR automation solutions, announced its expansion
through the acquisition of a UAE-based IT platform, reinforcing its presence in the local market and supporting
the country’s digital transformation efforts.

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