Page 237 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 1)

4/28/25, 3:08 PM UAE, Germany seek stronger trade relations in key sectors
economic vision is focusing on digital technologies, artificial intelligence, smart manufacturing and the
green economy, with research projects into water management and agri-tech solutions.

As such, it has many synergies with the United Arab Emirates, which is reflected in the growing ties
between the two, including Emirati investments into North Rhine-Westphalia’s ammonia value chain
and the developmentof hydrogen as a form of renewable energy.

Dr Thani said the meeting with HE Wüst highlighted these complementarities and offered a roadmap
for greater collaboration in key sectors going forward:“The United Arab Emirates has long enjoyed a
positive and productive relationship with Germany, and North Rhine-Westphalia, with its industrial
heritage and forward-looking vision, has been central to it. From the digital economy to energy
transition and the green economy, we see a multitude of avenues for cooperation and investment,
while our free-trade network can ensure the region’s industrial output can seamlessly reach key
markets in Asia and Africa.

The UAE also remains an open, welcoming business environment for any enterprises from North
Rhine-Westphalia seeking to expand into the Middle East and help develop our industrial and
innovation ecosystem.Today’s meeting with HE Wüst and the subsequent business roundtable will
help create the networks that can facilitate this activity, and we remain on hand to support bilateral
trade and investment flows in the months and years ahead.”

The United Arab Emirates and Germany, the third-largest economy in the world, shared non-oil trade
worth $13.8 billion in 2024, a 5.4% increase on 2023. The UAE also has investments in excess of
$1.2 billion committed to projects across Germany. The UAE recently announced its intentions to
open negotiations towards a Comprehensive Economic Partnership Agreement with the European

Union, of which Germany is the single largest economy.

In February, the United Arab Emirates and Germany reinforced their deep-rooted economic ties 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.

The forum discussions focused on strengthening cooperation in clean energy, finance, industrial

technology, and logistics, with an emphasis on sustainability and innovation.

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