In our work, a novel series of europium (III) (Eu3+) (5, 10 and 15 wt %) doped cobalt tetroxide@cupric oxide (Co3O4@CuO) nanomaterials (NMs) were synthesized by facile coprecipitation method. The synthesized NMs were characterized by XRD (X-ray diffraction), FT-IR (Fourier transform infrared), UV (ultraviolet)-visible absorption spectra, XPS (X-ray photoelectron), BET (Brunauer-Emmett-Teller) analytical methods. Crystal structure studies revealed the formation of polycrystalline nature with monoclinic and cubic phase. The morphology studies of Eu3+x:Co3O4@CuO (x = 5, 10 and 15 wt %) showed petal shape nanoparticles (NPs) with agglomeration. Redshift in optical absorption spectra appeared with a significant impact on the optical band gap as Eu3+ concentration increases on Co3O4@CuO bimetallic oxide NMs. The chemical composition and valence state of the elements confirmed from XPS studies detected the presence of Eu, Cu, Co, O and C elements. An increase in the pore size and surface area resulted as the Eu3+ concentration increased on Co3O4@CuO NMs. However, room temperature photoluminescence (RTPL) spectra of Co3O4@CuO bimetallic oxide NMs at two different excitations (λ excitation = 280nm, 320nm) showed sharp, strong emission intensities located at near ultraviolet (NUV) region and weak emissions detected at far ultraviolet (FUV) regions of the RTPL spectrum. Further, visible range emission intensities were displayed by Eu3+:Co3O4@CuO (5, 10 and 15 wt %) NMs when exited at 280nm. The characteristic white light emission peaks in the visible range of the RTPL spectra showed intense blue, green and orange colours. Emission intensity increases with an increase in Eu3+ concentration on Co3O4@CuO bimetallic oxide NMs. The fluorescence (FL) decay spectra of Eu3+ 10wt% and 15 wt%: Co3O4@CuO NMs showed a decay lifetime of 2.54 and 2.31ns (ns) attributed to the dynamic, ultrafast excitation energy transfer between Eu3+ (dopant) and Co3O4@CuO (host) NMs. It is proposed that enhanced RTPL emission intensity and FL decay behavior of Eu3+x:Co3O4@CuO NMs closely related to the change in the optical band gap, variation in the crystallite size, formation of more number of oxygen vacancies in the crystal structure of hybrid nanomaterials.