During a state visit to Germany this week the UAE announced plans to invest €40 billion ($46.4 billion) to deepen economic ties, targeting AI, digital infrastructure and energy, and signaling closer defense cooperation. The package includes roughly 1

2026-09-11

During a state visit to Germany this week the UAE announced plans to invest €40 billion ($46.4 billion) to deepen economic ties, targeting AI, digital infrastructure and energy, and signaling closer defense cooperation. The package includes roughly 1 GW of additional data center capacity and about €10 billion earmarked for Bavaria. Officials said the move is part of the UAE’s effort to diversify overseas investment away from oil.