German Chancellor Friedrich Merz Praises Massive €40 Billion UAE Investment as a Vote of Confidence

German Chancellor Friedrich Merz has expressed admiration for the magnitude of the UAE's recent financial commitment to Germany. Unveiled on Thursday during the state visit of President Sheikh Mohamed to Berlin, the substantial €40 billion ($46.47 billion) injection of capital is slated for deployment across key industries such as advanced technology, artificial intelligence, digital infrastructure, and energy, with a specific allocation of €10 billion designated for the region of Bavaria.

Additionally, new flights connecting Abu Dhabi to Berlin are scheduled to launch on October 1.

In an official statement issued on Friday by the office of Mr Merz, the Chancellor noted, “I am impressed by the UAE’s willingness to invest in Germany. It is a powerful signal.”

The statement continued, “The investment will bring jobs, competitiveness and the strength to innovate. President Sheikh Mohamed impressed me with his expertise and commitment: he knows Germany well as a place to do business.”

Concluding his remarks, Mr Merz added, “The €40 billion shows that international investors have enormous trust in Germany as a place to invest and innovate. I thank the UAE for its trust.”