UAE and Germany Form Business Council to Strengthen Economic Relationship
The United Arab Emirates (UAE) and Germany took a significant step forward in their long-standing economic partnership with the launch of the UAE-Germany Business Council (GUBC) in Berlin on July 11, 2025. This initiative aims to deepen their partnership across various sectors, leveraging mutual interests for economic growth and sustainable development.
The high-level ceremony, attended by over 150 senior officials and business leaders from both nations, including Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, and Katrin Eder, Germany’s Federal Minister for Economic Affairs and Climate Action, marked the official launch of the GUBC. The charter was signed by Musabbeh Al Kaabi, representing the UAE, and Günther Oettinger, representing Germany, as Co-Chairs of the council.
The GUBC is set to open new pathways for trade and investment, reinforcing sustainable development and innovation between the two nations. Its objectives include unlocking new trade and investment opportunities, empowering the private sector, and supporting sustainable development across key industries.
One of the council's key initiatives is a memorandum of understanding (MoU) signed between Masdar, a UAE-based clean energy company, and Germany's EnBW. This collaboration will explore battery storage, offshore wind projects, and green hydrogen initiatives in Germany and the UK. This partnership further reinforces the countries' joint push toward clean energy solutions.
The establishment of the GUBC highlights the enduring economic partnership between the two countries, built on five decades of collaboration and mutual respect. It is expected to enhance cooperation in areas such as renewable energy, clean technologies, and other sectors of mutual interest. The council will also play a crucial role in advancing innovation and sustainability, fostering initiatives like clean energy projects and green hydrogen developments.
The focus on sustainable technologies and energy solutions reflects both nations' commitment to environmentally responsible economic growth and reducing carbon footprints. The council's charter emphasizes the importance of building high-impact partnerships and promoting inclusive progress. It aims to foster collaboration across key sectors and support private sector growth, driving sustainable growth and enhancing cooperation between the UAE and Germany.
Dr. Al Jaber, UAE Minister of Industry and Advanced Technology, emphasized the council's role in supporting private sector growth and promoting inclusive progress, as stated in the initial launch of the UAE-Germany Business Council. Al Kaabi, in his statement, highlighted that the council reflects a shared ambition grounded in innovation and mutual interest.
With its co-chairs, Al Kaabi and Oettinger, the UAE-Germany Business Council will now move forward with its objectives to strengthen the decades-long economic partnership and foster collaboration across key sectors. This collaboration is set to significantly enhance bilateral economic ties, promoting innovation, sustainability, and mutual growth in trade and investment.
- The signing of the charter by Musabbeh Al Kaabi and Günther Oettinger as Co-Chairs of the UAE-Germany Business Council (GUBC) marks a significant step in deepening their partnership across various sectors, including trade, investment, and business.
- The launch of the GUBC is set to open new pathways for sustainable development and innovation between the UAE and Germany by empowering the private sector and unlocking new trade and investment opportunities.
- A key initiative of the GUBC is a memorandum of understanding (MoU) signed between Masdar, a UAE-based clean energy company, and Germany’s EnBW, which will collaborate on battery storage, offshore wind projects, and green hydrogen initiatives in Germany and the UK.
- The establishment of the GUBC and its collaborative projects are expected to foster innovation and sustainability, particularly in areas like renewable energy, clean technologies, and other sectors of mutual interest.
- With a focus on sustainable technologies and energy solutions, the UAE-Germany Business Council aims to promote inclusive progress, support private sector growth, and drive sustainable growth through mutual collaboration and shared ambitions grounded in innovation.
