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OIC Economies

UAE, Greece announce $14.3bn in deals


The United Arab Emirates and Greece have announced 18 agreements and commercial partnerships worth €12.75 billion ($14.3 billion), alongside plans for an additional €15 billion in UAE investment to strengthen economic cooperation across technology, energy, infrastructure and other sectors.

The agreements were announced during the UAE-Greece Strategic Forum in Athens and cover digital infrastructure, artificial intelligence, renewable energy, logistics, transport, healthcare and food security. The proposed additional investment will be channelled through a bilateral investment initiative established in 2022.

Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, said the two countries' economic relations are built on shared interests and mutual trust. He highlighted the role of businesses in expanding bilateral investment, adopting advanced technologies and developing projects in sectors with growth potential.

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Muhammad Ali Bandial