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Italy-UAE: new partnership between the Italian Trade Agency and Sharjah FDI Office

On October 17 at the Ministry of Economic Development (Rome) the meeting of the Italy-UAE Intergovernmental Bilateral Commission was the occasion to sign an agreement between the Sharjah FDI Office and the ITA – Italian Trade Agency.

(Source: Sharjah 24) The Sharjah FDI Office (Invest in Sharjah), the investment promotion agency dedicated to the continued transformation and economic diversification of Sharjah, and the Italian Trade Agency (ITA) have inked a new MoU agreement expanding on bilateral investment prospects between Sharjah and Italy, building on new partnerships and business ventures across a variety of sectors between the two states, which took place during Invest in Sharjah’s participation at the Sixth UAE – Italy Joint Economic Committee. Under the presence of His Excellency Sultan bin Saeed Al Mansoori, Minister of Economy,  His Excellency Luigi Di Maio, Minister of Economic Development in Italy, and His Excellency Marwan bin Jassim Al Sarkal, Executive Chairman of the Sharjah Investment and Development Authority (Shurooq), as well several other representatives from both parties, the signing of the agreement took place between Mohamed Juma Al Musharrkh, CEO of the Sharjah FDI office (Invest in Sharjah) and Stefano Nigro Director of the Foreign Investment Department, Italian Trade Agency. Invest in Sharjah’s visit to Rome was part of its participation within a high-level delegation led by the UAE Ministry of Economy, also taking part in the 2nd Italian – Arab Business Forum.

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