The third edition of the dialogues is launched "Investopia Europe" In Milan
Milan, May 18/ WAM/ Investopia organized the third version of the “Investopia Europe” dialogues at the Mazanot Palace, the historical headquarters of the Italian Stock Exchange in Milan, to enhance the opportunities for economic partnership between the UAE and the Republic of Italy and European markets in the vital and fast -growing sectors, fields, especially the new economy, tourism, entrepreneurship, small and medium enterprises and the creative economy Technology and artificial intelligence, see modern trends of investment in emerging sectors in European markets, and global trends to build flexible and sustainable economic policies.
His Excellency Abdullah bin Touq Al -Marri, Minister of Economy, President of Intensopia, stressed that the Emirati Italian relations are characterized by the strength and durability of the strategic partnership in various sectors, as these relations are receiving great attention from the leadership of the two friendly countries, especially in light of high -level visits between the two countries, the last of which is last February a “state visit” by His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the State “may God protect him” to the Italian capital, Rome It witnessed the signing of many memoranda of understanding between the two countries, and the announcement of Emirati investments estimated at 40 billion dollars in Italy in many vital areas, including technology, artificial intelligence, energy and digital shift, in order to serve the aspirations of the two countries in building a sustainable economy.
His Excellency Abdullah bin Touq said: “I have adopted“ Intensopia ”since its inception in the year 2021 ambitious targets, which is to link the capital to the promising investment opportunities in emerging markets, and motivate business societies to invest and expand the future economic sectors, and in this context“ Intensopia ”worked to provide an influential global investment platform, which represented a starting point for new economy projects, and gathered thousands of participants from leaders Experts, businessmen, investors and capital owners from all over the world to determine modern investment trends, formulate policies, develop new solutions to challenges and turn them into sustainable future opportunities.
His Excellency added: “Investopia Europe” succeeded in building an important station to enhance the paths of economic cooperation between the UAE and Italy and support communication between the UAE and European business community, and to discover promising investment opportunities in the emerging sectors in the UAE and European markets.
He pointed out that this version plays an important role in enhancing sustainable partnerships and accelerating digital transformation, as well as seeing flexible policies and strategies to support comprehensive economic development, especially in light of the economic challenges and changes witnessed by the world.
His Excellency continued: “The UAE views Italy as an important economic partner in the European continent, and the choice of the Italian capital and fashion of Milan to hold the” Investopia Europe “dialogues comes as an affirmation of the strength of economic relations between the two countries, as it is a global -level business city and a vital center for creative industries.
His Excellency pointed out that economic relations between the UAE and Italy are witnessing continuous growth, as UAE exports to Italian markets grew by 50% in the year 2024 to reach $ 1.2 billion compared to 2023, and the UAE also embraces approximately 11 thousand Italian brands working in various economic activities, and with regard to mutual investments between the two countries, the volume of Emirati investments in Italy reached about 81 million dollars during the period during the period during the period From 2019 to 2023 it is based on the sectors of tourism, hospitality, transportation and storage, while the Italian investment flows to the UAE market reached about 519 million dollars during the same period, which confirms the momentum of economic and investment opportunities between the two countries.
In this direction, His Excellency Abdullah bin Touq invited the Italian business community to increase its investments in the UAE market and benefit from the ingredients and potentials offered by the business environment in the country such as providing foreign ownership of companies by 100%, providing more than 2000 economic activities, providing tax cuts, long -term residences for investors and businessmen, free and integrated economic areas to establish Business, in addition to an integrated economic legislative structure that enjoys laws that stimulate the expansion of future economies.
His Excellency pointed out that the UAE is keen to continue economic work with its partners in the Italian government during the next stage, and to support the channels of communication between the UAE private sector and its Italian counterpart through vital platforms such as the Emirati Business Council and the future joint economic committee.
For her part, His Excellency Alia Al Mazrouei, Minister of State for Entrepreneurship, said during her participation in a session on developing the pioneering role of small and medium companies on the global scene: “The UAE and Italy have common visions on business development and emerging projects, where small and medium -sized companies in the country account for 95% of the total companies operating in the UAE market, and small and medium -sized family companies form the largest part of the industrial sector in Italy, which confirms its importance in promoting the growth and sustainability of the economy of the two countries. ”
Her Excellency added: “The UAE has paid great attention to developing an integrated system of national business leadership depending on the best global practices, due to its belief in its importance in diversifying the national economy, and stimulating innovation and creativity in various vital fields and activities, which contributed to the UAE’s first rank globally for the fourth year in a row in the” Global Entrepreneurship Report for Entrepreneurship for 2024/2025 “, which he ranked, which he ranked It is the best place for entrepreneurship and small and medium enterprises, out of 56 economies, and the UAE today embraces more than 50 incubators, government and private businesses.
Her Excellency indicated that the “Intestopia Europe” dialogues create a new platform for communication and discussion, gathering government officials, entrepreneurs and investors in the two countries, to formulate visions and plans aimed at the growth and prosperity of the small and medium enterprises sector.
This version of the “Investopia Europe” dialogues, which were organized in cooperation with the strategic partner of Investopia Europe, included “EFG Consulting”, 14 dialogue sessions based on the UAE’s vision in building its economic model that combines innovation and competitiveness, its efforts in diversifying its economy and its geographical location and its vital role as an economic center that attracts investments Foreign foreign and supports the achievement of sustainable economic development regionally and internationally, and the sessions discussed challenges facing the global economy and potential economic scenarios in light of geopolitical changes, and how to exploit these challenges and turn them into real opportunities that support the growth of small and medium companies.
The sessions touched on the ambitious joint vision between the UAE and Italy to build a more dynamic investment future, and the mechanisms of increasing joint investment flows, in a way that meets the aspirations and needs of business community in the two countries, as well as the economic power of Italian tourism and its role in advancing the economic development of Italy, in addition to the potential of the economic power of scientific research and its impact on the global economy, and the sessions highlighted the ingredients it provides The Emirati and Italian business environment for entrepreneurs and startups, and its importance in motivating them to innovate and creativity in the vital economic sectors.
The sessions discussed the importance of localization of technology and advanced technologies in creative industries such as fashion, strategies and mechanisms that can be followed for the growth of cluster economies and economic blocs and their role in enhancing the attractiveness of foreign direct investments and facilitating the process of transporting goods, goods, technology and knowledge.
The sessions dealt with competitive advantages and commercial incentives granted by free and private economic areas in the UAE and Italian markets, global developments on investment in the energy sector and the provision of more options that support the diversification of the mix of its sources to meet rapid growth in global demand and build a more green future.
Besides, the “Intestopia Europe” dialogues in its third edition organized 4 round table meetings in which a number of Emirati bodies such as the Abu Dhabi Investment Office (AdIO), the Dubai Economy and Tourism Department, the Ras Al Khaimah Economic Regions (Rakz), and the Sharjah Foreign Investment Office (invest in Sharjah), to highlight commercial and logistical services and investment potentials in the markets Emirati and its technological infrastructure, and strengthening economic partnerships with Italian society.
The event witnessed the announcement of the signing of a strategic partnership between “G42”, the pioneering holding company in the field of artificial intelligence technology in the UAE, and the Italian company “Igenius” specialized in artificial intelligence, in the presence of His Excellency Abdullah bin Touq Al -Marri, Minister of Economy; His Excellency Alia Bint Abdullah Al Mazrouei, Minister of State for Entrepreneurship, and the partnership aims to enhance joint cooperation in the areas of artificial intelligence, innovation and digital transformation, and its total value is 600 million dollars, and will include the participation of a group of strategic partners, including “NVIDIA”, “Leonardo Spa” and “Santander”, who will contribute to their specialized experiences and heads Their money to support this fruitful cooperation in the areas of artificial intelligence and digital transformation.
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