UAE investments in Italy exceed €2b, envoy says | GulfNews.com:
"Investments from the UAE in Italy exceeded €2 billion (Dh7.8 billion) in 2014 and is expected to increase further, according to Italian Ambassador Giorgio Starace.
“Due to the potential investments in Italy across most of the economic sectors — especially in technology, aviation, real estate, infrastructure and acquisition — we expecting further investments from the UAE in the coming two years,” he said. speaking to Gulf News on the sidelines of UAE-Italy forum on Tuesday.
The inflow of investment is helped by a comprehensive programme of Italian reforms designed to pave the way for foreign investments, which has encouraged UAE-based companies, such as Etihad Airlines and Mubadala, to invest heavily in the country."
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