Meloni Secures $40 billion UAE Investment Commitment
Deal News | Feb 25, 2025 | Zawya
Italian Prime Minister Giorgia Meloni has secured a $40 billion investment pledge from the United Arab Emirates to be invested across various key sectors in Italy. This pledge was announced during a summit in Rome where UAE President Sheikh Mohammed bin Zayed Al Nahya visited. The partnership signals a growing relationship between Italy and Gulf countries, strengthened by the recent removal of export embargoes by Italy. Both nations have signed over 40 agreements involving major Italian companies in sectors such as energy, banking, telecommunications, and defense. The governments are also keen to cooperate closely on defense manufacturing and cybersecurity initiatives.
Sectors
- Energy
- Finance
- Defense
- Telecommunications
- Technology
Geography
- Italy – The article focuses on the Italian government's pursuit of investment and cooperation with the UAE.
- United Arab Emirates – The UAE is the source of the $40 billion investment and a key participant in strategic agreements with Italy.
Industry
- Energy – The article discusses investments in energy partnerships, including agreements involving companies like Eni and Masdar.
- Finance – Intesa Sanpaolo, Italy's major bank, is involved in M&A activities in renewable markets with UAE's Masdar.
- Defense – The article outlines enhanced military cooperation and agreements with Italian defense companies such as Leonardo.
- Telecommunications – Telecom Italia was named as a key participant in strengthening technological partnerships.
- Technology – The focus on sectors like artificial intelligence, data centres, and technology transfer indicates the relevance of the technology sector.
Financials
- $40 billion – Pledged amount by UAE for investment in Italy.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Giorgia Meloni | Prime Minister | Person | Italian Prime Minister pursuing investment relationships with the UAE. |
| United Arab Emirates | Investor | Government | $40 billion pledge to invest in Italy across various sectors. |
| Eni | Company | Energy Group | Involved in agreements to develop data centers and renewable energy projects. |
| Intesa Sanpaolo | Bank | Financial | Engaged in M&A activities in renewable markets with Masdar. |
| Telecom Italia | Company | Telecommunications | Company involved in strategic agreements. |
| Leonardo | Arms Maker | Defense | Part of defense manufacturing partnership with UAE. |
| Fincantieri | Company | Shipbuilder | Involved in the multi-sector agreements with UAE. |
| Sheikh Mohammed bin Zayed Al Nahya | President | Person | UAE President involved in forming strategic partnership with Italy. |