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UAE, Germany Launch Joint Business Council To Strengthen Economic Ties

Dr. Sultan Al Jaber and Katherina Reiche at the launch of the UAE-Germany Business Council in Berlin, marking a new chapter in bilateral economic ties. Image courtesy: WAM
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Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Special Envoy to the Federal Republic of Germany, and Katherina Reiche, German Minister of Economic Affairs and Energy, witnessed the official launch of the UAE-Germany Business Council (GUBC) during a high-level ceremony in Berlin.

The event brought together more than 150 prominent business leaders and senior officials from both nations. It was held as part of Dr. Al Jaber’s official visit to Germany.

The establishment of the UAE-Germany Business Council underscores the enduring economic partnership between the two countries, built on five decades of collaboration and mutual respect. The council is expected to open new pathways for trade and investment and reinforce sustainable development amidst a rapidly shifting global economic and geopolitical landscape.

Dr. Sultan Al Jaber said:

“In line with the vision of our leadership to build high-impact partnerships that advance inclusive progress, we are committed to strengthening the deep-rooted relationship between the UAE and Germany and elevating it to new heights. The launch of the UAE-Germany Business Council will create new opportunities for cooperation across vital sectors of mutual interest, empower the private sector, and support sustainable economic development.”

During the event, the official charter of the UAE-Germany Business Council was signed by Musabbeh Al Kaabi on behalf of the UAE and Günther Oettinger, former Minister-President of Baden-Württemberg and Co-Chair of the Council, representing Germany.

Musabbeh Al Kaabi, Executive Director of Low Carbon Solutions and International Growth at ADNOC, said:

“The UAE and Germany share a bold and future-focused vision for global progress. Driven by innovation and grounded in mutual interests, our partnership continues to evolve. I am confident the Council will accelerate our collaboration, foster sustainable growth, and reflect our shared ambition in a fast-changing world.”

As part of the ceremony, clean energy pioneer Masdar signed a Memorandum of Understanding (MoU) with EnBW – Energie Baden-Württemberg, one of Europe’s leading energy companies. The MoU outlines plans for collaboration on battery energy storage system (BESS) projects in Germany and the UK.

The two companies also agreed to explore joint opportunities in offshore wind projects in the North Sea and Baltic Sea, as well as cooperation in green hydrogen and other advanced renewable energy technologies.

(With input from WAM)