UAE, Italy strengthen economic partnership, explore investment exchanges in renewable energy, tourism and FinTech

UAE, Italy strengthen economic partnership, explore investment exchanges in renewable energy, tourism and FinTech

MILAN, 18th May, 2023 (WAM) -- The UAE and Italy discussed the means to strengthen bilateral economic partnership and boost investment exchanges in various new economy sectors, especially renewable energy, tourism, and FinTech, during a meeting held in Milan today.

These efforts will help create new investment opportunities to support the sustainable economic growth through collaboration and partnerships between the two private sectors.

Abdullah bin Touq Al Marri, Minister of Economy, who is leading the UAE delegation to Italy, held a number of bilateral meetings with Italian ministers and government officials, in addition to roundtable meetings with businessmen and investors from both countries to highlight the current and future investment opportunities in various sectors.

Furthermore, Al Marri invited the Italian private sector to take advantage of the features and incentives offered by the UAE economy to achieve growth and expansion in the UAE and the wider MEA markets. These include Investopia, the global investment platform, which aims to create opportunities and enable the investments of the future, in addition to the comprehensive economic partnership agreements, of which the UAE has signed four, with India, Israel, Indonesia, and Turkey so far.

Al Marri discussed the progress in economic relations between the two countries in various