UAE and Italy sign two MoUs

A recent forum between Italy and the UAE saw the signing of two Memorandums of Understanding (MoU) in the field of innovation, startups and SMEs.

Organised by the UAE Ministry of Economy in cooperation with the Italian Embassy in the UAE, the Dubai Chamber of Commerce and Industry, and several businesses and investment entities in Italy, the forum was part of the Italian delegation's official visit to the UAE under the chairmanship of H.E. Luigi Di Maio. It saw the participation of senior officials of the Italian government and representatives from around 200 Italian companies, investment and trade agencies in Italy.

The first MoU was signed between the UAE Ministry of Economy and the Italian Ministry of Economic Development, by H.E. Al Mansoori and H.E De Maio, to boost and further the development of innovation, SMEs and startups in the two nations.

The second MoU was signed between Etihad Credit Insurance in the UAE and Joint Italian Arab Chamber, to facilitating better cooperation for adopting and instilling the circular economy within the country.

Read more about the signing of the MoUs here.