Page 246 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 1)
P. 246

4/28/25, 3:09 PM                                UAE and Germany eye enhanced trade relations
        Following the meeting, a business roundtable gathered senior figures from the

        region’s private sector with their UAE counterparts to explore areas of mutual


        benefit and unlock partnership opportunities.



        As the economic powerhouse of Germany, North Rhine-Westphalia is a home to


        37 of the country’s leading 100 corporations. In 2024, the region’s GDP reached

        $990 billion, accounting for 20 percent of Germany’s total economy.




        Though it has long been recognized as Germany’s industrial heartland, its

        economic vision is centering on digital technologies, artificial intelligence, smart

        manufacturing and the green economy, with research projects into water

        management and agri-tech solutions.




        It has many synergies with the UAE, reflected in the expanding ties between the

        two, including Emirati investments into North Rhine-Westphalia’s ammonia value


        chain and the development of hydrogen as a form of renewable energy.







                   “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                   Dr. Thani bin Ahmed Al
                                                                                     Zeyoudi
                                                                                     UAE Minister of State for
                  to energy transition and the green economy, we                     Foreign Trade


                   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




      https://www.gccbusinessnews.com/uae-and-germany-trade-relations/                                              2/3
   241   242   243   244   245   246   247   248   249   250   251