01-05-2025
UAE and Austria Pledge to Deepen Bilateral Ties and Cooperation
Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Group CEO, concluded a high-level visit to Vienna aimed at deepening economic, technological, and diplomatic cooperation between the UAE and Austria.
During the visit, Dr. Al Jaber held strategic meetings with Austrian leaders including Chancellor Karl Nehammer and Foreign Minister Beate Meinl-Reisinger, where he conveyed greetings from the UAE leadership and reaffirmed the nation's commitment to advancing the Comprehensive Strategic Partnership signed in 2021.
Talks focused on expanding collaboration across critical sectors such as industry, energy, technology, and infrastructure. Dr. Al Jaber and Austrian Minister of Economy and Energy Dr. Wolfgang Hattmannsdorfer co-chaired a business roundtable to identify mutual investment opportunities, particularly in advanced manufacturing, renewables, and data centre development.
In a notable development, Masdar and OMV signed a Letter of Intent to cooperate on green hydrogen and sustainable fuels production in Austria, the UAE, and wider Europe, reinforcing both countries' clean energy ambitions.
Dr. Al Jaber also met with Alexander Pröll, Secretary-General of the Austrian People's Party, to explore joint efforts in digital transformation and the application of smart technologies across public services.
The visit comes amid a sharp rise in UAE-Austria trade. Non-oil bilateral trade hit AED 6.7 billion in 2024—a 28% increase from 2023—driven by surging UAE exports. Trade momentum continued into Q1 2025, with total volume rising 54.5% year-on-year.
The visit underscored the growing strategic and economic partnership between the two countries, with a shared focus on innovation, sustainability, and long-term growth.
News Source: Emirates News Agency
