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ADNOC Inks German Energy Deals in UAE's $46.5B Push

Wall Street Journal US Business •
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Abu Dhabi’s oil giant, ADNOC, has signed partnerships with German energy and industry groups as part of the UAE’s $46.5 billion investment push. The deals come during a visit by UAE leaders to Germany this week, as the capital-rich Gulf state looks to invest in Europe’s largest economy.

The agreements span energy and industrial sectors, though specific terms were not disclosed. The UAE’s investment drive aims to deepen economic ties with Germany, which is seeking to diversify its energy sources and attract foreign capital.

The visit underscores the growing economic relationship between the two nations. German leaders have welcomed the UAE’s interest in investing in key sectors, including renewable energy and advanced manufacturing.

The $46.5 billion commitment reflects the UAE’s broader strategy to deploy its sovereign wealth in strategic global markets. The partnerships with German energy and industry groups are expected to accelerate collaboration on energy transition and industrial innovation.