Strategic cooperation between Greece and the United Arab Emirates presents a major opportunity to boost economic growth, investment and the international competitiveness of both countries.
As the UAE’s Minister of Industry and Advanced Technology, Dr Sultan Ahmed Al Jaber, writes in an article in Kathimerini, the trust built between the two sides must be translated into tangible economic results.
Greece has a strong maritime tradition, a skilled workforce and access to the markets of south-eastern Europe. The UAE, in turn, offers investment capital, expertise, energy infrastructure and international trade networks. Combining these strengths could bolster industry and trade and make both economies more resilient.
Energy plays a central role in the cooperation. Masdar’s acquisition of TERNA Energy, completed in April 2025, is a clear example of the UAE’s confidence in the Greek economy.
The €5.5 billion investment programme aims to develop renewable energy sources, storage systems and energy infrastructure, strengthening Greece’s position as a regional hub for clean energy.
Significant opportunities are also emerging in healthcare, artificial intelligence, technology, ports and supply chains. Making the most of this potential could create new opportunities for businesses and broaden their access to international markets.
Regional stability, peace and freedom of navigation are essential prerequisites for success. The aim is to turn the already strong bilateral relationship into long-term economic growth, with mutual benefits for both countries.