Finance & Capital Market

Abu Dhabi, Italy in deal to boost manufacturing, entrepreneurship growth

ABU DHABI
Abu Dhabi, Italy in deal to boost manufacturing, entrepreneurship growth

Abu Dhabi Department of Economic Development (ADDED) said its key delegation has concluded a successful visit to Italy, culminating in the signing of agreements to accelerate the growth of manufacturing, entrepreneurship and agritech sectors.  

The delegation included more than 100 senior officials and executives from both the public and private sectors, including representatives from the Abu Dhabi Chamber of Commerce and Industry (ADCCI), ADGM, Abu Dhabi Investment Office (ADIO), Abu Dhabi Customs, and Hub71.

During the visit, the delegation engaged in a series of bilateral meetings with top government officials, key businesses, family offices and investors to explore new opportunities. 

Discussions focused on the emirate’s role as a global platform where international capital can confidently identify, access and scale opportunities, highlighting the strength of Abu Dhabi’s integrated ecosystem, and alignment between Italy’s strengths in cultural, industrial and creative industries and Abu Dhabi’s position as an ideal springboard for long-term expansion, supported by its attributes as a major draw for global talent, innovators and entrepreneurs.

The Abu Dhabi Investment Forum (ADIF) Milan, organised by ADIO in co-operation with ADDED, featured keynote speeches by senior officials and decision makers, including Ahmed Jasim Al Zaabi, Chairman of ADDED, Abdulla Ali Al Subousi, Ambassador of UAE to the Italian Republic, and Alvise Biffi, President of Assolombarda, the largest association within Italy's entrepreneurial system, as well as discussion panels and presentations highlighting opportunities for mutual investments.

Al Zaabi said: "We are pleased with the outcomes of our visit to Italy, with clear commitments to accelerate growth in priority sectors and clusters secured. Our discussions during the visit focused on providing the right mechanisms to further enhance co-operation, benefiting from opportunities in both our economies and beyond."

"Our Falcon Economy guides efforts to future-proof industries, supported by progressive policies, disciplined decision-making, and aligned institutions from both the public and private sectors. Our international engagements are geared towards enhancing the role of strategic partners, and we provide them with clarity, certainty, and access to capital to grow and expand into fast-growing markets across the Middle East, Africa, and Asia," he added.

During ADIF, ADIO signed two landmark agreements with leading Italian institutions, Assolombarda and Confagricoltura, advancing cross-border trade and industrial collaboration between Abu Dhabi and Milan.

The agreements sit within ADIO’s wider strategy to strengthen international economic ties through sector-specific partnerships that unlock growth opportunities across priority sectors.-TradeArabia News Service 

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