UAE to Invest $46.4 Billion in Germany Focusing on Data Centers
President Sheikh Mohamed bin Zayed Al Nahyan announced a major 46.4 billion euro investment package with German Chancellor Friedrich Merz, highlighting artificial intelligence and energy sectors alongside new defense cooperation.
UAE President Sheikh Mohamed bin Zayed Al Nahyan plans to invest 40 billion euros ($46.4 billion) in Germany during his state visit announced September 10, 2026. The agreement targets artificial intelligence, digital infrastructure, and energy, with the United Arab Emirates aiming to diversify its economy beyond oil. A specific portion of the funds is directed at Bavaria, a key industrial hub, totaling 10 billion euros. This investment includes capacity for roughly 1 gigawatt of new data centers. The two leaders also signed a declaration of intent to establish an investment council designed to strengthen ties between public and private sectors. Additionally, they announced plans to deepen defense cooperation alongside the economic package.
