Greek Prime Minister Kyriakos Mitsotakis met today in Abu Dhabi with the President of the United Arab Emirates, Sheikh Mohamed bin Zayed Al Nahyan.

During the meeting, the two leaders reaffirmed the excellent level of bilateral relations and economic cooperation, which has already exceeded the initial target of €4 billion in investments in the Greek economy, set in 2022 under the Strategic Investment Cooperation Agreement between the Hellenic Development Bank, the Hellenic Development Bank of Investments, and the UAE’s sovereign wealth fund, ADQ.

They also discussed further prospects for investment collaboration, with a particular focus on emerging opportunities in digital technology, artificial intelligence, and data centers.

The Prime Minister highlighted that Greece is one of seven EU countries selected for the establishment of an AI Factory and has a dynamic startup ecosystem in this field. He also emphasized Greece’s strategic position as an economic and energy bridge connecting India, the Middle East, and Europe.

Further discussions covered strengthening cooperation in the energy sector—particularly renewable energy sources—connectivity, as well as tourism and agri-food products.

The Prime Minister and the President of the UAE also exchanged views on international and regional developments, with a particular focus on Syria.

After the meeting, the Prime Minister made the following statement:

“With the President of the United Arab Emirates, we reaffirmed the depth of the strategic relationship between our two countries.

We were pleased to confirm that the target we set years ago for €4 billion in foreign direct investment from the UAE in Greece has now been exceeded.

We laid the groundwork for further strengthening our economic relations. I had the opportunity once again to present the overall progress of the Greek economy and the significant new investment opportunities currently underway in our country.

We also conducted a comprehensive review of geopolitical developments in the broader region and discussed the major challenges and opportunities created by the artificial intelligence revolution. The UAE has made substantial investments in this field. I had the chance to present to the President the significant opportunities and capabilities that Greece offers for investments in AI infrastructure.

Additionally, I invited him to visit Greece again soon, so that we may reaffirm once more the exceptionally close geostrategic relationship we have developed between our two nations.”