The UAE and Germany launched the UAE-Germany Business Council during Industry and Advanced Technology Minister Sultan Al Jaber’s visit to Berlin, state news agency Wam reports. Co-chaired by Adnoc’s executive director of low carbon solutions and international growth Musabbeh Al Kaabi and German politician Günther Oettinger, the council aims to facilitate bilateral trade and investment.
Masdar gets a head start: On the sidelines, Masdar signed an MoU with German energy infrastructure firm EnBW to explore battery energy storage and offshore wind projects in Germany and the UK.
More high-level talks on trade and energy: Al Jaber met with Germany’s foreign affairs, economy, and energy ministers to discuss cooperation in energy, industry, infrastructure, healthcare, and tourism, Wam reported separately. The talks included updates on the UAE-Germany Energy Partnership and efforts to expand private-sector engagement. He also met with business and chamber representatives to explore legislative and institutional cooperation.
From the president: Al Jaber delivered a written message from UAE President Sheikh Mohamed bin Zayed Al Nahyan to German Chancellor Friedrich Merz, which focused on strengthening bilateral ties, Wam reports.
Trade snapshot: Non-oil trade between the UAE and Germany rose 4% y-o-y to AED 50 bn in 2024, driven by a 43% jump in UAE exports.
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