The UAE has announced it will commit an additional €15 billion to its joint investment initiative with Greece, nearly quadrupling a programme that began three years ago with a €4 billion envelope.
The announcement was made during the official visit of Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, to Athens. It builds on a framework launched in May 2022, which has since produced completed transactions in energy and healthcare.
The expanded initiative is framed as a long-term strategic partnership rather than a discrete capital deployment. Both governments have pointed to Greece’s position as a gateway between European markets and regional trade routes as a central rationale for the deepened commitment.
The original programme had already demonstrated, according to the two governments, that the bilateral framework could move from headline figures to completed deals. The expansion is intended to broaden that pipeline into additional sectors described as future-focused, though specific new areas were not named in the announcement.
For the UAE, the move is consistent with a broader strategy of anchoring sovereign capital in European markets through structured bilateral vehicles, securing both financial returns and strategic footholds in key geographies.
