UAE and Italy A historical friendship and a mutual desire to develop and protect common interests

H.E. Dr. Ahmad Belhoul Al Falasi

Minister of State for Entrepreneurship and SMEs

The UAE-Italian ties constitute a global model for cooperation, and we look forward to further developing this partnership through the Memoranda of Understanding signed with the Italian government in the area of innovation and entrepreneurship, and in the field of circular economy and re-industrialization based on alternative technology, in order to unlock  new opportunities for growth of start-ups and SMEs in both countries.

It is important to exploit emerging opportunities in priority sectors such as advanced technology,  digital economy, the tools of the Fourth Industrial Revolution and artificial intelligence, and Fintech, as well as agriculture, food production, renewable energy, transportation, health and education. I call on the private sector in both countries to work together to explore the promising opportunities in their markets and enter into joint investment projects that serve both countries’ shared aspirations for growth and prosperity.