UAE, Italy strengthen economic ties, explore investment exchanges

UAE, Italy strengthen economic ties, explore investment exchanges

The UAE and Italy plan to strengthen their bilateral economic partnership and boost investment opportunities in key sectors including renewable energy, tourism and the fintech sector. The partnership is expected to create new investment opportunities to support 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, invited the Italian private sector to take advantage of the features and incentives available in the country to achieve growth and expansion across the Middle East region. The incentives offered by the UAE economy include Investopia, the global investment platform, in addition to the comprehensive economic partnership agreements of which the UAE has signed four, with India, Israel, Indonesia and Turkey to date. Al-Marri discussed the progress in economic relations between the two countries in various fields and sectors with several Italian ministers and government officials. The economy minister said that the close cooperation between the UAE and Italy is built on historical and strategic ties, with the economy as one of its main drivers. “The UAE and Italy share strong, continuously evolving relations, with the unlimited support of both leaderships. Our ties will continue