Story perspectives

UAE pledges €40 billion to Germany, boosting jobs

By Drooid · Sep 11, 2026, 6:36 PM UTC · How we work

Summary

Story summary

UAE President Sheikh Mohamed bin Zayed Al Nahyan pledged a €40 billion investment in Germany.
German Chancellor Friedrich Merz said the pledge will boost jobs, competitiveness and innovation.
€10 billion of the funds will be directed to Bavaria, including about 1 GW of new data-center capacity.
UAE Minister Sultan Al Jaber said the funds will target AI, energy and advanced technology.
A UAE-German Investment Council and Strategic Dialogue were created to oversee the partnership.

History

Historical Context

ADIA, Abu Dhabi’s sovereign-wealth fund that oversees about US$1 trillion in assets, was created to diversify the emirate’s oil-driven economy and has long pursued overseas equity. In 2007 ADIC spun off from ADIA, reflecting this diversification, and earlier European airline investments signaled a shift toward non-oil assets, a pattern that now underpins large Gulf pledges into German AI, data-center and renewable projects.

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Story summary

UAE President Sheikh Mohamed bin Zayed Al Nahyan pledged a €40 billion investment in Germany.
German Chancellor Friedrich Merz said the pledge will boost jobs, competitiveness and innovation.
€10 billion of the funds will be directed to Bavaria, including about 1 GW of new data-center capacity.
UAE Minister Sultan Al Jaber said the funds will target AI, energy and advanced technology.
A UAE-German Investment Council and Strategic Dialogue were created to oversee the partnership.

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