Page 65 - MOE ENGLISH PR REPORT - MAY 2025 (Part 1)_Neat
P. 65

Press Release


               The sessions  also explored  the importance  of localizing  technology  and advanced techniques
               within creative industries such as fashion and discussed strategies to develop cluster economies
               and economic blocs. Emphasis was placed on their potential to enhance foreign direct investment
               (FDI) and facilitate the exchange of goods, technology, and knowledge. Participants examined the
               competitive advantages and commercial incentives offered by free and special economic zones in
               both the UAE and Italian markets. Additionally, the sessions addressed global trends in energy
               sector investment,  highlighting  the need for diversified energy sources to  meet rising  global
               demand while supporting the transition to a greener future.

               Roundtable meetings

               Additionally, the third edition of Investopia Europe hosted four high-level roundtable meetings,
               bringing together key UAE entities such as the Abu Dhabi Investment Office (ADIO), the Dubai
               Department  of  Economy and Tourism,  Ras Al Khaimah Economic Zone (RAKEZ), and the
               Sharjah FDI Office (Invest in Sharjah). These meetings highlighted the UAE’s commercial and
               logistics capabilities, investment enablers, and advanced technological infrastructure, while also
               fostering economic partnerships with the Italian private sector.

               Strategic partnership between G42 and iGenius

               The event witnessed the announcement of a strategic partnership between G42, the leading UAE-
               based artificial  intelligence (AI)  technology holding company, and iGenius, the  Italian  AI
               company. The MoU was signed in the presence of H.E. Abdulla bin Touq Al Marri, Minister of
               Economy, and H.E. Alia Abdulla Al Mazrouei, Minister of State for Entrepreneurship. Valued at
               USD 600  million,  the partnership aims to strengthen cooperation in artificial intelligence,
               innovation, and digital transformation. It will engage key strategic partners - including Nvidia,
               Leonardo S.p.A., and Santander - who will contribute both expertise and capital to support this
               impactful collaboration

               Strong participation of government officials from both countries


               In addition to H.E. Bin Touq and H.E. Alia Al Mazrouei, the third edition of Investopia Europe
               was attended by H.E. Adolfo Urso, Italy’s Minister of Enterprises and Made in Italy; H.E. Daniela
               Santanchè, Minister of Tourism of the Italian Republic; Claudia Parzani, Chairwoman of Borsa
               Italiana; Ignazio La Russa, President of the Italian Senate; H.E. Attilio Fontana, President of the
               Lombardy Region;  H.E.  Valentino Valentini,  Deputy Minister  of Made in  Italy; Alessandro
               Morelli, Undersecretary  of  State  to the Presidency  of the Council  of  Ministers;  H.E. Maria
               Gnjatović, State Secretary at the Ministry of Science, Technological Development, and Innovation
               of the Republic of  Serbia; H.E. Mohamed Abdulrahman  Al Hawi,  Undersecretary  of UAE
               Ministry of Investment; H.E. Mohamed Juma Al Musharrakh, CEO of Sharjah FDI Office (Invest
               in Sharjah); H.E. Khaled Al Huraimel, Group CEO and Vice Chairman of BEEAH Group; Giulio
               Tremonti, Chairman of the Foreign Affairs Commission at the Italian Parliament; Dr. Jean Fares,
               CEO of Investopia; Professor Giovanni Bozzetti, CEO of EFG Consulting; Stefano Barrese, Chief
   60   61   62   63   64   65   66   67   68   69   70