Italy bet on UAE's success with $105.8 million last two years
Trade between the two countries has consistently increased over the last few years
Click here to add Ariston Thermo Spa as an alert
Disable alert for Ariston Thermo Spa,
Click here to add Dubai as an alert
Disable alert for Dubai,
Click here to add Iguzzini Middle East FZE as an alert
Disable alert for Iguzzini Middle East FZE,
Click here to add Italian Ministry as an alert
Disable alert for Italian Ministry,
Click here to add Jamal Bin Marghoob as an alert
Disable alert for Jamal Bin Marghoob,
Click here to add Luxottica Middle East FZE as an alert
Disable alert for Luxottica Middle East FZE,
Click here to add Milan as an alert
Disable alert for Milan,
Click here to add Montegrappa Middle East FZE as an alert
Disable alert for Montegrappa Middle East FZE,
Click here to add Rome as an alert
Disable alert for Rome
Dubai Airport Freezone (DAFZA) recently hosted two seminars in Rome and Milan to boost the United Arab Emirates’ economic ties with Italy.
The seminar discussed the benefits of investing in Dubai, and specifically DAFZA, to representatives from Italian businesses looking to expand into the Middle East and North African markets, said a press release.
This comes at an appropriate time, as trade between the two countries has consistently increased over the last few years, it said. Italy has exported EUR 4.7 billion to the UAE and has imported commodities worth EUR 300 million from the UAE in 2011.
Jamal Bin Marghoob, Director of the Marketing &Corporate Communications Department, DAFZA, commented, “As a facilitator of international trade, DAFZAactively works to attract Italian companies through various marketing activities working closely with the Italian Ministry of Economy.
As a result, we have found that the number of Italian companies currently operating out of the Freezone has steadily increased.European companies currently represent 31 per cent of investment in DAFZA.”
Bin Marghoob added, “The Freezone’s seminars in Italy will work to strengthen the existing relationship. DAFZA is a natural choice for businesses expecting integrated solutions through a service-centric platform as we work to cater to our Italian stakeholders alongside our consultants Gianni Origoni Grippo Cappelli & Partners.”
Twenty seven Italian companies are currently operating out of DAFZA, including Luxottica Middle East FZE, Montegrappa Middle East FZE, Ariston Thermo Spa Middle East, and Iguzzini Middle East FZE.
- Will terror attacks damper Arabs' appetite for European holidays?
- So cool it's hot: Saudi Arabia's $3.2B HVACR market driven by construction boom
- US, EU protectionist policies may be a blessing in disguise for GCC suppliers
- Dubai to Doha: How far can you stretch your dirham?
- OPEC's poor history of compliance will make production cut deal a challenge
- Dubai Airport Freezone and Belgium discuss ways to boost trade and investment relations
- Al Jazira set to offer €14m for Roma's Gervinho
- Emirates’ half-year profits of Dhs 752 million surpasses last year
- Saudi Arabia and UAE can last a while: why there isn't really an end in sight to the oil price plunge
- Italian and Turkish companies eye Dubai Airport Freezone