UAE plans $46 billion investment in Germany, with data centers a key focus
UAE invests 40 billion euros in Germany to expand AI, energy, and defense Explore the deal's impact on data centers, Bavaria, and future investment growth
The United Arab Emirates said it plans to invest 40 billion euros, or about $46.4 billion, in Germany as the two countries strengthen economic ties. The announcement came during a state visit to Berlin by UAE President Sheikh Mohamed bin Zayed Al Nahyan, who met with German Chancellor Friedrich Merz.
The package covers artificial intelligence, digital infrastructure, energy, and defense cooperation. A major part of the plan is about 1 gigawatt of new data center capacity, and about 10 billion euros is reportedly set aside for Bavaria.
The two governments also agreed to create an investment council to support future projects and deepen public and privatesector cooperation. Officials said the UAE is continuing to diversify its overseas investments, while Germany sees the deal as a boost during a weak economic period.