AI News Feed
Market watch
Zoom CX Pushes Conversation to Completion as Contact Center AI MetricOpenAI Eyes Patagonia Data Center as China Chip Exports Surge and Canada Tariffs Hit MotorcyclesMeta changes AI prompts after invasive questions about user's childrenOpenAI Weighs Slowing Frontier AI as Safety Warnings and Data Center Backlash GrowFinCEN Tells U.S. Banks to Improve Scam Reporting as Losses Approach $13 BillionApple Watch Ultra 4 Keeps Ultra 3 Design, Adds S11 Chip and New Health Sensors at $799
Zoom CX Pushes Conversation to Completion as Contact Center AI MetricOpenAI Eyes Patagonia Data Center as China Chip Exports Surge and Canada Tariffs Hit MotorcyclesMeta changes AI prompts after invasive questions about user's childrenOpenAI Weighs Slowing Frontier AI as Safety Warnings and Data Center Backlash GrowFinCEN Tells U.S. Banks to Improve Scam Reporting as Losses Approach $13 BillionApple Watch Ultra 4 Keeps Ultra 3 Design, Adds S11 Chip and New Health Sensors at $799
World

UAE to Invest $46.4 Billion in Germany, With Data Centers as a Centerpiece

The UAE plans to invest 40 billion euros ($46.4 billion) in Germany, including about 1 gigawatt of new data-center capacity, under a package announced during President Sheikh Mohamed bin Zayed Al Nahyan's state visit.

AI News Feed · 2026-09-11 23:56

The investment follows the president's meeting with German Chancellor Friedrich Merz and covers artificial intelligence, digital infrastructure and energy. The two countries also announced plans to deepen defense cooperation.

About 1 gigawatt of new data-center capacity is included in the package, and roughly 10 billion euros is reportedly earmarked for investment in Bavaria, a major hub for Germany's industrial and technology sectors. The two governments also signed a declaration of intent to form an investment council intended to advance investment and strengthen ties between their public and private sectors.

The UAE is a key trading partner for Germany in the Gulf region. Bilateral non-oil trade reached $15.5 billion in 2025, the two countries said in a joint declaration on Thursday. The UAE has already invested about 34 billion euros in Germany, Europe's largest economy, including in its chemicals and renewable energy sectors.

Paul Musgrave, associate professor of government at Georgetown University in Qatar, told CNBC's "Access Middle East" on Friday that the UAE, like other Gulf states, is seeking to diversify its overseas portfolio and build an economy that moves beyond oil. "Abu Dhabi is also looking at the possibility of having specific investments in supply chains, specific investments in corporations, and using this for strategic purposes, including, of course, developing new friends and influence in Europe, and making sure that it has strong ties with an economy and a military-industrial sector that is among the world's leading competitors in that sphere," he said. For Germany, he added, the deal offers a deliverable win for Merz at a time when the country's economy is in difficulty.

UAE Minister of Foreign Trade Thani Al Zeyoudi told Bloomberg TV in Berlin on Thursday that the UAE is "very keen" to connect its economy, trade and investments with economic hubs around the world.