UAE President Announces €40 Billion Investment Plan for Germany, Including AI and Data Centers

On September 11, the UAE president announced plans to invest €40 billion (approximately $46.4 billion) in Germany during a state visit, aiming to deepen bilateral economic ties. The investment will cover artificial intelligence, digital infrastructure, and energy sectors.

The plan includes approximately 1 GW of new data center capacity in Germany, with €10 billion allocated to Bavaria, a key hub for the country's industrial and technology sectors.

The two countries also announced plans to deepen defense cooperation. Analysts noted that the UAE, like other Gulf states, seeks to diversify its overseas investment portfolio and develop an economy less dependent on oil.