Page 72 - MOE ENGLISH PR - MAY 2024

Press Release

businesses and innovative ventures, securing the top position globally for the third consecutive
year in the 2024 Global Entrepreneurship Index report.

H.E. Adolfo Orso, Italian Minister of Industry, said: “Italy is a bridge linking Europe to the Middle
East and Africa, and always looks in its economic development policies to the Mediterranean
region. We are keen to strengthen economic and investment ties with the UAE, which invests
heavily in vital economic sectors, especially technology, communications, infrastructure, and trade,
in addition to supporting cooperation in establishing joint projects in various fields such as
renewable energy and fiber optics.”

Meanwhile, H.E. Daniela Santace, Italian Minister of Tourism, underlined the importance of
stimulating investment in various tourism sectors, which are among the most promising sectors for
attracting investments. She noted that the Arabian Travel Market exhibition, which was held in
Dubai recently, serves as a key platform for building new partnerships and enhancing cooperation
between various global tourism markets. She also expressed the Italian government’s desire to
support companies that invest and contribute to the development of this vital sector.

Giovanni Buzzetti, CEO of EFG Consulting, said that Investopia Europe has a key role in
facilitating the expansion of businesses and attracting investments in the new economy by offering
valuable opportunities in various fields. It creates dialogue and discussions that stimulate
investment flows in various investment sectors, thus enhancing sustainable economic development.

He added: “This year, we decided to expand the scope of Investopia Europe to include Malta,
Cyprus, and Portugal, with an aim to contribute to overcoming the economic challenges the world
is witnessing and turning them into real opportunities for development.” He noted that promising
investment and business opportunities exist in the sectors of tourism, technology industries,
hospitality, health care, education, and infrastructure, especially since they contribute significantly
to accelerating the economic growth of countries around the world and building more partnerships.

In detail, the second edition of Investopia Europe Dialogues featured six productive sessions. The
first and main session titled “Mechanisms for Promoting Global Economic Growth and Building
Sustainable Partnerships” discussed a set of economic policies and legislation related to supporting
the stability of the global economy. The session was attended by H.E. Abdulla bin Touq Al Marri,
Minister of Economy and Chairman of Investopia, H.E. Adolfo Orso, Italian Minister of Industry,
H.E. Silvio Schembri, Minister of Economy and Industry of Malta, and H.E. George Papanastasiou,
Minister of Energy, Trade and Industry of Cyprus.

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