The 4.0-billion-euro joint investment fund agreed last May between Greece and the United Arabs Emirates (UAE) is expected to stimulate significant investment interest from the UAE in several sectors, such as renewable energy sources, infrastructure, agriculture, technology, health care and life sciences, UAE Economy Minister Abdullah bin Touq Al Marri said in an interview with the Athens-Macedonian News Agency (ANA), on the occasion of his presence in Thessaloniki as head of the Emirati delegation to the 86th TIF.
He explained that the two countries have collaborated on various bilateral and multilateral initiatives that have strengthened their relations, including the joint declaration on the Strategic Partnership in 2020 and the creation of a 4.0-billion-euro fund for investments in the Greek economy, during the visit of the Greek prime minister to Abu Dhabi last May. This joint fund highlights the growing economic ties between the two countries and will lead to significant investment interest in Greece, in all target sectors such as renewable energy (RES), infrastructure, agriculture, technology, healthcare and the life sciences, among others, he said. Finally, Abdullah bin Touq Al Marri noted that he believed there is room to strengthen cooperation in the field of investment and create new opportunities for the business communities in both countries.
Asked about their expectations from their participation in the TIF, he replied that this important international event offers both countries a valuable opportunity to strengthen their existing bilateral ties by exploring opportunities in a number of new economic sectors.
The approximately 60 institutions and companies that were present from September 9 at the TIF are willing to enter into partnerships with Greek and European companies in all areas of common interest, the minister added.
The Emirati delegation, he added, was in Thessaloniki, and Greece in general, in order to explore the best possible means of turning investment opportunities into mutually beneficial and concrete projects, but also to improve bilateral trade and economic relations in various sectors, thus promoting sustainable and inclusive development. “Leading international exhibitions such as the TIF offer an excellent opportunity to do just that,” he underlined.
He also stressed the prospects that could be opened up for cooperation between the two countries in the fields of technology and future industries, at a time when UAE seeks to strengthen its position internationally as an innovation hub and “brain hub” (the country has recently designated a Deputy Minister responsible for Artificial Intelligence), to attract human talent from all over the world, to open up their economy more to entrepreneurs and investors, but also to double its size in the period up to 2030.
According to the Emirati official, the new economic approach adopted by the UAE government, which is characterised by the principles of flexibility, sustainability, openness and predictability, is a huge opportunity for Greek companies to gain a footprint in the UAE market and from there expand to the rest of the MENA region (Middle East/North Africa), South Asia and Africa.
Source: ANA-MPA
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
WTTC: Travel & Tourism to Create 4.5M New Jobs in EU by 2035
This year, international visitor spending is set to reach 573 billion euros, up by more than 11% year-on-year
IMF: US Tariffs Shake Global Economy, Outlook Downbeat
IMF slashes global growth forecast to 2.8% as U.S. tariffs create uncertainty and ‘negative supply shock
First Step Towards New Audiovisual Industry Hub in Drama
The project is set to contribute to the further development of Greece’s film industry and establish Drama as an audiovisual hub in the region
Airbnb Greece – Initial CoS Ruling Deems Tax Circular Unlawful
The case reached the Council of State following annulment applications filed by the Panhellenic Federation of Property Owners (POMIDA)
Mitsotakis Unveils €1 Billion Plan for Housing, Pensioners, Public investments
Greek Prime Minister Kyriakos Mitsotakis has announced a new set of economic support measures, worth 1 billion euros, aiming to provide financial relief to citizens.
Alter Ego Ventures Invests in Pioneering Gaming Company ‘Couch Heroes’
Alter Ego Ventures' participation in the share capital of Couch Heroes marks yet another investment by the Alter Ego Media Group in innovative companies with a focus on technology.
Corruption Still Plagues Greece’s Driving Tests
While traffic accidents continue to claim lives on Greek roads daily, irregularities and under-the-table dealings in the training and testing of new drivers remain disturbingly widespread
Pope Francis Died of Stroke and Heart Failure Vatican Confirms
As news of the official cause of death spread, tributes poured in from across the globe. The 1.4 billion-member Catholic Church is united in grief, remembering a pope who championed inclusion, justice, and compassion
Increase in Both Museum Visits, Revenues for 2024
As expected, the Acropolis was the top archeological site in the country, followed by Sounion, Mycenae, the ancient theater of Epidaurus, and Vergina in northern Greece
Where Greece’s Tourists Come From: A Look at 2025’s Top Visitor Markets
The United Kingdom continues to hold the top spot as the largest source of incoming tourism, with 5.6 million seats booked for Greece this summer — up 2.2% from last year. This accounts for 20% of all international air traffic to Greece
![Πλημμύρες: Σημειώθηκαν σε επίπεδα ρεκόρ στην Ευρώπη το 2024 [γράφημα]](https://www.ot.gr/wp-content/uploads/2025/04/FLOOD_HUNGRY-90x90.jpg)
![Ξενοδοχεία: Μεγάλο το ενδιαφέρον για επενδύσεις στην Ελλάδα – Η θέση της Αθήνας [γραφήματα]](https://www.ot.gr/wp-content/uploads/2025/03/Athens-hotels-90x90.jpg)
