Maktoum bin Muhammad is looking to enhance financial and economic cooperation with Germany

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Governor of Dubai, Deputy Prime Minister and Minister of Finance, received yesterday the German Finance Minister, Dr. Juerg Cookies, at the Office of His Highness the Ruler of Dubai, where ways of enhancing cooperation in areas related to the financial sector were discussed In addition to cooperation between the business community in the two friendly countries.

During the meeting, His Highness praised the pre -emptive approach that the German Ministry of Finance follows in enhancing bilateral relations, while during the meeting a set of issues were discussed in common concern, including bilateral trade, investment, renewable energy, technology and education, as the two sides affirmed the depth of historical relations that combine Emirates and Germany, stressing the importance of enhancing cooperation in various fields.

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum and Dr. Juerg Cookies also praised the significant growth in non -oil bilateral trade between the two countries, as it rose to 13.8 billion dollars in 2024, with a growth of 5.4%, which reflects the strength of the economic partnership between them.

His Highness called for the necessity of reaching an agreement to prevent double taxation between the two countries, in preparation for increasing the investments of government and private companies in Germany.

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum expressed his appreciation for the visit of Minister Koys, stressing the UAE’s keenness to enhance cooperation with Germany, and to expand trade and investment relations, especially in emerging sectors, such as clean energy, technology and infrastructure, which is one of the common priorities of the two countries and involves On great opportunities for economic cooperation.

His Highness stated: “The strategic partnership between the UAE and Germany contributes to achieving common interests and enhancing sustainable economic growth in the two countries.”

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum said in a post on the X platform yesterday: “The UAE and Germany gathered a strong economic partnership that reflected in the growth of non -oil trade to $ 13.8 billion in 2024, an increase of 5.4%, which confirms the strength of our relations Economic ».

His Highness added: “Today I discussed with His Excellency Dr. Juerg Cookies, the German Finance Minister, ways to enhance this partnership by consolidating financial and investment cooperation, expanding our partnership in the areas of clean energy, technology and infrastructure, promising opportunities between our two countries that open new horizons for sustainable growth, and establish our site in leadership Global Economic ».

For his part, Dr. Juerg Cookies expressed his aspiration for more cooperation with the Emirates, praising the efforts made to deepen bilateral relations and support sustainable development.

The meeting was attended by His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Civil Aviation Authority, Supreme Chairman of the Emirates Aviation, Minister of State for Finance, Mohammed bin Hadi Al -Husseini, Director General of the Office of His Highness the Ruler of Dubai, Mohammed Ibrahim Al -Shaibani, and Director General of the Department of Economy and Tourism In Dubai, Hilal Saeed Al -Marri, and the Governor of the Dubai International Financial Center, Issa Kazem.