Page 423 - MOE ENGLISH PR REPORT - FEBRUARY 2025 Part 2

2/18/25, 3:34 PM World News | UAE-German Business Forum Convened in Abu Dhabi | LatestLY

The event, held at the Abu Dhabi Global Market (ADGM), gathered senior government officials,
industry leaders, and private sector representatives from both nations to explore opportunities for

further collaboration in key strategic sectors.

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The forum was attended by Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, and

Jorg Kukies, Germany's Minister of Finance, along with Ahmed Alattar, UAE Ambassador to Germany,

and Alexander Schonfelder, German Ambassador to the UAE, and leading figures from the UAE and
German business communities.

In his opening remarks, Thani Al Zeyoudi underscored the strength of the UAE-Germany economic
relationship and the potential to further expand bilateral trade and investment.

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"Germany remains one of the UAE's most important economic partners, with our non-oil trade
reaching USD 13.8 billion in 2024, a 5.4 per cent increase over the previous year and nearly double

the global trade growth average. Today's forum provides a valuable opportunity to build on this

momentum, identifying new areas for collaboration in renewable energy, Industry 4.0, industrial
technology, logistics, and advanced manufacturing," he stated.

He highlighted the UAE's growing role as a gateway to high-growth markets, offering German
businesses unparalleled access to Asia, Africa, and the Middle East through its Comprehensive

Economic Partnership Agreements (CEPA) program, which covers over a quarter of the world's
population.

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