The United Arab Emirates said it plans to invest €40 billion ($46 billion) in Germany, as the Gulf country pushes to deepen strategic partnerships across Europe.
The leader of the United Arab Emirates was on a state visit to Germany on Thursday that resulted in a promise to invest 40 billion euros ($46.5 billion) into Europe's top economy. The money would partly pay for data centres with a capacity of up to one gigawatt, Berlin said, and an "Investment Counc…
UAE Minister of State for Foreign Trade Thani Bin Ahmed Al Zeyoudi says that €10 billion of the €40 billion the UAE is investing in Germany will go to Bavaria, and the rest will be for a variety of sectors, including AI.