Publish dateSaturday 9 November 2024 - 09:15
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Valerio Soldani, the Italian Trade Commissioner in the UAE, announced that Italian companies intend to expand their presence in the UAE. It is said that more than 600 Italian companies have been established in this country.
Italian companies aim to expand their presence in UAE
According to Amac News: Citing the Emirates News Agency (WAM), Soldani said in an interview on the sidelines of the ADIPEC 2024 exhibition: Italian companies significantly help the UAE by providing advanced technologies in various industries.
According to him, technology constitutes a major part of Italy's exports to the UAE.
Soldani added that Italian companies are trying to increase their exports to the UAE to 8 billion dollars by the end of 2024, thus achieving a record level of exports of "Made in Italy" industries to the UAE.
Italy's exports to the UAE grew rapidly last year, reaching $7 billion, which represents an increase of 10.4 percent over the previous year. Likewise, in the first seven months of this year, this export has grown by 22% compared to last year, mainly in the fields of technology, luxury and consumer goods.
Also regarding the presence of Italian companies in ADIPEC 2024, Soldani said that during this period more than 150 Italian companies participated in this subscription.
https://amacnews.com/vdce.w8wbjh87fk1ij.html
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