Abu dhabi: The Abu Dhabi Chamber of Commerce and Industry has signed a landmark cooperation agreement with the Ghorfa Arab-German Chamber of Commerce and Industry. The agreement sets the stage for stronger economic and investment collaboration between the business communities of the United Arab Emirates and Germany, reinforcing long-term institutional partnerships built on innovation and sustainability.
According to Bahrain News Agency, the agreement establishes a comprehensive framework for exchanging economic, trade, and investment information, facilitating business delegations and missions, and building joint platforms, including exhibitions, conferences, and economic forums. It also focuses on empowering startups and small and medium-sized enterprises by enhancing their access to incubators, accelerator programmes, and knowledge-exchange networks, fostering innovation and expanding the scope of bilateral partnerships.
To enhance cooperation in priority sectors such as renewable energy, digital transformation, smart industry, digital infrastructure, and health technology, joint working groups will be established to coordinate efforts, exchange expertise, and support companies in international exhibitions and forums. These initiatives are designed to unlock new investment opportunities and expand market access for businesses from both countries.
Non-oil trade between the two countries reached AED50.6 billion ($13.8 billion) in 2024, up 5.4% from the previous year. Membership of German companies in the Abu Dhabi Chamber also rose by 17% year-on-year as of August 2025, reflecting growing interest in the emirate's investment environment.