UAE Commits €40bn Investment in Germany, Backing 1GW Data Centre Development

The United Arab Emirates is set to invest €40 billion ($46.4 billion) in Germany, focusing notably on the construction of new data centres with a total capacity of approximately one gigawatt. This investment package was unveiled during a joint announcement on 10 September amid the state visit of UAE President Sheikh Mohamed bin Zayed Al Nahyan to Germany, highlighting the strengthening economic ties between the two nations.