Page 435 - MOE ENGLISH PR REPORT - FEBRUARY 2025 Part 2

UAE-German Business Forum convened in Abu Dhabi

Story by KN

• 2w • 3 min read

ABU DHABI, 3rd February, 2025 (WAM) -- The United Arab Emirates and Germany reinforced their
deep-rooted economic ties today with the convening of the UAE-German Business Forum in Abu
Dhabi.

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.

The forum was attended by Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, and
Dr. Jörg Kukies, Germany’s Minister of Finance, along with Ahmed Alattar, UAE Ambassador to
Germany, and Alexander Schönfelder, German Ambassador to the UAE, and leading figures from
the UAE and German business communities.

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

“Germany remains one of the UAE’s most important economic partners, with our non-oil trade
reaching US$13.8 billion in 2024, a 5.4 percent 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.
From the German side, Dr. Jörg Kukies reaffirmed Germany’s commitment to deepening its trade
and investment ties with the UAE.

“The UAE, as a major gateway to regional and global markets, is a strategic partner for Germany,
and we look forward to strengthening and expanding cooperation especially in the fields of
advanced technology, clean energy, trade and sustainable investment.

“As global economies transition toward green energy, digital transformation, and advanced
industrialisation, we see significant opportunities for German and Emirati businesses to collaborate
on high-impact projects,” he said.

The forum discussions focused on strengthening cooperation in clean energy, finance, industrial
technology, and logistics, with an emphasis on sustainability and innovation.
One of the key highlights was the progress made under the Energy Security and Industry
Accelerator Agreement, signed in 2022. This agreement has facilitated investments in low-carbon

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