Tuesday 28 June 2016
 
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Italy

Midea Group to buy key stake in Italian AC firm

Midea Group Company, China’s biggest appliance manufacturer, signed an agreement to buy an 80 per cent stake in Clivet SpA, an Italian maker of air conditioners. The deal is expected to be completed by the end of the year, p

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Italian investors aim to expand relations with Iran

A group of Italian bankers, investors and entrepreneurs plans to invest and broaden its cooperation with Iran in economic and trade fields, said a report. The offer was made at a conference themed Joint Trade and Investment Ventur

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Rome set to elect first female mayor

The Eternal City has been run by emperors, barbarians, popes and dictators, but never by a woman. That looks set to change in mayoral elections on Sunday with Virginia Raggi from the anti-establishment 5-Star Movement in pole posi

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Qatar, Italy to sign accord for corvette warships

Italy and Qatar will sign an agreement this week in Rome that foresees the Gulf state ordering four corvette warships and a support vessel from state-controlled ship builder Fincantieri, a government source said on Tuesday. The or

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Qatar, Italy to sign accord for corvette warships

Italy and Qatar will sign an agreement this week in Rome that foresees the Gulf state ordering four corvette warships and a support vessel from state-controlled ship builder Fincantieri, a government source said on Tuesday. The or

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Over 1,300 migrants rescued at sea: Italy

Italy's coast guard said on Saturday it had picked up at sea 1,348 migrants in 11 rescue operations between Sicily and North Africa, bringing the total number of people saved over the past three days to more than 3,000. Two th

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Italy export credit agency plans Islamic finance push

Italy's export credit agency SACE plans to move into Islamic finance, becoming one of the first Western trade finance bodies to do so, in order to support expansion of its business in the Mena region. "We think we can rea

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Up to 900 migrants ‘likely died at sea this week’

At least 700 migrants may have died at sea this past week in the busiest week of migrant crossings from Libya towards Italy this year, Medecins San Frontieres and the U.N. Refugee agency said on Sunday. About 14,000 have been resc

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ADSB appoints SNO Yachts as sales agent in Italy

Abu Dhabi Ship Building (ADSB), a leading provider of construction, repair and refit services for naval, military and commercial boats and ships, has appointed Italy’s SNO Yachts International as its sales agent in Italy to market small bo

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Ship with 400 migrants sinks in Mediterranean

Migrants rescued from two boats in the Mediterranean this week told humanitarian workers in Italy that they saw another vessel carrying some 400 migrants sink, Save the Children said on Saturday. Three vessels carrying migrants al

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