UAE to invest €40 billion in Germany amid slew of business deals

Later coverage expanded on the scope. Bloomberg and CNBC reported the commitment as roughly $46 billion, emphasizing AI‑driven data‑center construction. Quartz highlighted the data‑center push as central to the UAE’s AI strategy, while the Wall Street Journal noted that Abu Dhabi’s oil giant ADNOC and Masdar have signed partnerships with German energy and industry groups, framing the deal within a $46.5 billion investment narrative. These sectors span renewable energy, gas and advanced manufacturing.

The figures differ across outlets. Reuters and Gasworld keep the €40 billion figure, whereas Bloomberg, CNBC and the Wall Street Journal quote dollar totals of $46 billion to $46.5 billion. Emphasis also shifts: early reports stress energy and gas cooperation, while later stories foreground AI infrastructure and broader industrial collaboration. The variation reflects differing currency conversions and the inclusion of ancillary projects such as digital infrastructure and industrial upgrades.

Collectively the reports confirm that the UAE’s investment programme is proceeding, linking renewable‑energy projects, gas agreements and AI data‑center development. Partnerships involving ADNOC, Masdar and XRG with German firms are already outlined. No final allocation timetable has been released, and the agreements remain subject to standard commercial and regulatory approvals. Stakeholders anticipate that the combined initiatives will strengthen Germany’s industrial base and support the UAE’s diversification objectives.