Some tickets were relisted on resale sites for as much as Dh38,581
This was stated by Adolfo Urso, Italian Minister of Foreign Trade, while addressing the inaugural session of the conference in Dubai on Monday.
Itlay aims at inviting investment from the UAE through the conference, specially in the key sectors of real estate and tourism. The UAE's FDI share in Italy is still small.
A similar event titled, 'Enhancing industrial cooperation and investment opportunities', was also held in Abu Dhabi yesterday to reinforce Italian investment presence in the UAE in transportation, telecommunication, packaging, food and beverages, automobile spare parts, tourism, furniture, pharmaceuticals, power generation, and chemicals and petrochemicals.
The Abu Dhabi conference was attended by delegates from 30 Italian companies.
Dr Ferdinand Fiore, Italian Trade Commissioner in Dubai, said that a new entity has been formed in Italy by the name, InvestInItaly, to support foreign enterprise in every phase of investment and business development from choosing the location to setting up a project, from helping the public administration to providing incentives and after-care service.
He said that the Italian Trade Commission, Dubai, recently set up an Investment Desk to promote Italy business and investment environment, encourage investment inflows, seeking strategic partnerships and suitable alliances, create multinational corporation and organising investment events.
Italy ranks 13th amongst 20 investing countries and 16th among the top 20 FDI recipient countries. Regarding relative cost of doing business in North America, Europe and Japan, Italy is the third most competitive country after Canada and the UK and the first country in the euro-zone.
The main European countries investing in Italy are France, Germany and the UK while the US is the largest foreign investor in terms of companies, turnover and employees by a share of 24 per cent.
Some tickets were relisted on resale sites for as much as Dh38,581
Here's a list of the places you can go; entry is free to most of them
Some of the survivors were still recovering at hospitals while others were already in their homes
The vaccines will be flown to Democratic Republic of the Congo, Nigeria, South Africa, Ivory Coast and Cameroon
‘My current position is, to be honest, beyond all my pre-tournament expectations,’ said the tournament host
The confirmed case involved a 51-year-old man, who is currently in stable condition and undergoing treatment
Regarding the possibility of elections in the violence-hit country, the foreign affaires adviser said there would be more clarity on the timeline by September
The Zurich-based body said it has now moved the assessment to October