Page 529 - MOE ENGLISH PR REPORT - MARCH 2025

3/14/25, 1:37 PM UAE, Italy: Promising partnerships for sustainable, prosperous future

The UAE Ministry of Investment signed three MoUs with Italy to support joint

investments and enhance cooperation in the pharmaceutical, minerals, data centres,

and artificial intelligence (AI) sectors. These agreements aim to establish a

framework for investment collaboration that promotes innovation, knowledge

exchange, and the integration of technology and AI, advancing progress in value

chains related to life sciences, metals, and technology in both countries.

Additionally, Abu Dhabi Future Energy Company (Masdar), TAQA Transmission

and Italy's Eni S.p.A. signed a framework agreement to advance their recently

established trilateral strategic partnership with Albania. This partnership focuses on

clean energy projects, including renewable energy and energy infrastructure, to

enhance energy security, support sustainable development, and accelerate

transformation in the energy sector across the Mediterranean region.

EDGE Group strengthened its collaboration with ELT Group by signing a Letter of

Intent during the Italy-UAE Entrepreneurial Forum. This move reflects the shared

commitment of both parties to advancing technological innovation in the defence

sector. The agreement underscores their joint efforts to harness advanced defence

and technology solutions to address global security challenges.

Furthermore, the Abu Dhabi Investment Office (ADIO) signed a strategic

partnership agreement with Cassa Depositi e Prestiti (CDP), the National

Promotional Institution (NPI) and International Development Cooperation

https://www.bignewsnetwork.com/news/278069098/uae-italy-promising-partnerships-for-sustainable-prosperous-future 5/6