Italian President Sergio Mattarella to Visit UAE to Enhance Bilateral Cooperation
Italian President Sergio Mattarella is set to visit the UAE to enhance bilateral cooperation with President Sheikh Mohamed bin Zayed Al Nahyan, following the UAE's announcement of a $40 billion investment in Italy across various sectors. Non-oil trade between the two nations reached $13.81 billion in 2024, marking an 18.71% increase from the previous year, while investments from the UAE in Italy have totaled approximately $178 million since 2020.
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Italian President Sergio Mattarella will visit the UAE to meet with President Sheikh Mohamed bin Zayed Al Nahyan to discuss bilateral cooperation. The UAE announced a $40 billion investment in Italy, focusing on sectors such as economy, defense, energy, and cultural heritage.
In 2024, non-oil trade between both nations reached $13.81 billion, an 18.71% increase from the previous year. Between 2020 and 2024, UAE investments in Italy totaled approximately $178 million, while Italian investments in the UAE reached about $602 million.
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