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Italian investment desk of ICE opens in Dubai

Posted: 10 November 2016

The first Italian Investment Attraction Desk in the UAE was launched today in Dubai during the “Invest in Italy 2016” roadshow organised by Italian Trade Agency – ICE. The event was attended by Ivan Scalfarotto, Italian Secretary of State, International Trade & Investment Attraction; and Liborio Stellino, Italian Ambassador to the UAE. The opening of the desk represents a key step in the strategy that aims to increase direct investments in Italy, said the General Director of ICE, Piergiorgio Borgogelli.

The main objective of the desk is to attract investment flows by promoting, supporting and encouraging capital investments, facilitating direct communication between foreign entities and their Italian counterparts. According to ICE-Reprint database information on multinational companies (updated for the first half of 2016), the number of Emirati companies in Italy amounted to 66, with 17,000 employees and a turnover of €3.5 billion.

The roadshow comes after those held in Istanbul, Tokyo in 2015 and New York, San Francisco and London in 2016. The upcoming rounds of the “Invest in Italy” roadshow will be in held in Singapore, Beijing and Hong Kong.