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The year 2023 has witnessed remarkable growth in the economic relationship between the United Arab Emirates (UAE) and Germany. Following the visits of Germany's Chancellor Olaf Scholz and Vice Chancellor Dr. Robert Habeck to the UAE last year, there is a continued influx of German entrepreneurs and companies into the UAE. The UAE's proactive approach in establishing itself as a business-friendly platform with favorable regulations has attracted significant investments. Notably, the UAE has transitioned from being primarily a destination for German investment and consumer goods to becoming a hub for technology and innovation. Moreover, the UAE is actively engaged in negotiating multiple free trade agreements, positioning itself as a global business and manufacturing hub, which aligns well with Germany's strengths in advanced industrial technologies. Key economic indicators highlight the depth of the bilateral trade and investment partnership. With annual bilatera...

German Defence Minister Boris Pistorius (l) and his French counterpart Sebastien Lecornu have been keen to show solidarity   Germany and France decided to jointly develop key weapons systems, but several have been abandoned. And now, the MGCS battle tank prestige project is meeting a lot of resistance. The development of the Franco-German battle tank MGCS has taken a step forward this week. Army inspectors from both countries signed a document on the requirements for the joint main battle tank of the future. "This is a milestone that will enable the work to come," said German Defense Minister Boris Pistorius at a joint press conference with his French counterpart Sebastien Lecornu. To overcome the crisis in Franco-German armaments cooperation, Lecornu invited Pistorius to Evreux in Normandy, from where the binational airlift squadron operates. It was seen as a milestone for the close military cooperation agreed upon by both countries in the Elysee Treaty in...

During the St. Petersburg International Economic Forum, the President of the United Arab Emirates (UAE) conveyed his nation's commitment to enhancing bilateral relations with Russia. Notably, the UAE has refrained from joining Western sanctions against Moscow, which further underlines their willingness to foster stronger ties. Addressing Russian President Vladimir Putin, Sheikh Mohammed expressed his pleasure in being present and emphasized the UAE's desire to build upon the existing relationship. The UAE's trust in President Putin to facilitate this growth was also reiterated during their meeting on the forum's sidelines in St. Petersburg. As a Middle East economic powerhouse, the UAE has maintained a neutral stance concerning the Ukraine conflict. Sheikh Mohammed highlighted the UAE's ongoing support for all endeavors aimed at achieving a political solution through dialogue and diplomacy, with the ultimate goal of global peace and stability. Following ...