Al-Zaidi allocates 10 billion euros to Bavaria

The United Arab Emirates announced investments worth 40 billion euros (46 billion dollars) in Germany, primarily focused on the sectors of artificial intelligence, energy, and defense. About 10 billion euros are expected to be allocated to the state of Bavaria, with an emphasis on strengthening cooperation in the fields of digitalization, industrial development, and logistics. These investments aim to enhance commercial relations between the UAE and Germany, diversify the UAE's economy, and ensure the presence of alternative markets and sources. This collaboration is considered one of the largest Gulf-European partnerships and is part of the UAE's efforts to diversify its economy and expand its political influence.

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