Sorry for the Google Translation as it is in German!

https://mopo24.de/nachrichten/sachsen-globalfoundries-tillich-4738

SHEIKH pledges TILLICH MILLIONs !

Juliane Morgenroth

Abu Dhabi / Dresden - Good news from Abu Dhabi! The owners of the Dresden chipmaker GlobalFoundries want to put millions into the work. This was assured during a conversation in the Emirate of Prime Minister Stanislaw Tillich (55, CDU).

Tillich is currently on a working visit to the United Arab Emirates. One of the most important events was a meeting with the chief of state fund Mubadala, Khaldoon al Mubarak (40). The fund of the Emirate of Abu Dhabi is the sole shareholder of Globalfoundries with almost 4,000 employees in Dresden.

"There is talk of a quarter of a billion euros, or maybe a bit more, to flow in the coming months. I am very happy, "said Tillich after the meeting.

At issue is the introduction of a new technology. This secure the site's competitiveness Dresden for the next eight to ten years.

Tillich is yet to Thursday in the UAE as a guest. He wants to focus on expanding bilateral relations in the fields of business, education, science and culture.

With this the boss of Saxony Economic Development, Peter Nothnagel (58).