Page 664 - MOE ENGLISH PR - MAY 2024

The event was attended by Abdulla bin Touq Al Marri, UAE Minister of
Economy and Chairman of Investopia, Adolfo Urso, Italian Minister of
Industry, Daniela Santanchè, Italian Minister of Tourism, Silvio Schembri,
Minister of Economy, Investments, and Strategic Projects, George
Papandreou, Minister of Energy, Trade, and Industry in Cyprus, Abdulla Ali Al
Saboosi, Ambassador of the UAE to Italy, Marco Zanni, Member of the
European Parliament, Dr. Jean Farès, CEO of Investopia, Professor Giovanni
Bozzetti, CEO of EFG Consulting, Carlo Messina, CEO of Intesa Sanpaolo
Italian banking group, and Stefano Parisi, Head of Retail and SME Banking
Services at Intesa Sanpaolo Italian banking group.

The event attracted more than 50 speakers and 700 participants, including
leaders, officials, CEOs, businessmen, experts, decision-makers,
entrepreneurs, and representatives from a wide range of companies and
financial institutions in the UAE, Italy, Malta, Cyprus, and Portugal. The UAE
delegation participating in the second edition of "Investopia Europe" included
representatives from over 50 companies from the UAE.

Bin Touq stated that Investopia Global Talks have succeeded over the past
three years in bringing together visionaries, leaders, investors, and the most
ambitious entrepreneurs at the local, regional, and global levels under one
umbrella to generate innovative ideas and create global investment
opportunities in new economic sectors.

This is to create an attractive economic climate and open a new investment
gateway for business communities, major companies, financial, industrial, and
technological institutions.

He added that Investopia Global Talks create promising economic
opportunities for the Emirati and European business communities and
enhance the country's attractiveness for Italian and European investments in
new economic sectors. Choosing Milan, the Italian trade capital, to host
Investopia Global Talks for two consecutive years reaffirms the importance of
the Italian business community as a significant partner in the business and
investment sectors in the UAE.

“More than 600 Italian companies operate in the UAE market, and Italy serves
as an important economic gateway for Emirati companies in Europe. Total
Emirati investment flows to Italy amounted to around $300 million from 2018
to 2022, while Italian investment flows to the UAE amounted to approximately

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in-milan