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
Eurostat: Women and Youth Most Underpaid in Greece
In the EU 18.2% of women are low-paid compared to men, against 23% in Greece. A staggering 43% of young Greeks are low-paid—the second-worst rate in Europe.
Public Services in Greece to Go Under Review with New Rating Tool
Public services will receive their evaluation scores and feedback directly, fostering a system of accountability and continuous improvement.
Istanbul Earthquake – Greek Prof. Concerned Major Quake Yet to Strike
Responding to concerns over whether a potential major quake in Istanbul could affect Greece, Papazachos was reassuring: “The fault extends as far as Lemnos and the Northern Sporades, but it doesn’t rupture all at once. An earthquake in Istanbul doesn’t have the capacity to directly affect Greek territory.”
Greece 4th Most Popular Summer Destination for Europeans
Southern Europe remains the top choice for Europeans at 41%, though down 8% from last year, likely due to rising temperatures and climate concerns.
Easter Sales Performance and the Source of €4–5 Million in Losses
Easter retail sales were relatively weak this year, with the only "real winners" being the livestock farmers who had lambs to sell.
Hotel Foreclosures Continue to Plague Greece’s Islands
A surge in hotel foreclosures across Greece’s islands threatens small tourism businesses, despite booming visitor numbers and record-breaking travel in 2024.
Athens Launches Task Force to Safeguard Historic City Center
The new municipal unit will ensure compliance to zoning laws, curb noise, and address tourist rental issues starting from the Plaka district.
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
![Accor: Η βιωσιμότητα «κλειδί» για την ανάπτυξη και ανθεκτικότητα του ελληνικού τουρισμού [έρευνα]](https://www.ot.gr/wp-content/uploads/2025/04/thumbnail-90x90.jpg)
![Οι αλλαγές που υπάρχουν στα φορολογικά έντυπα για τα εισοδήματα του φορολογικού έτους 2024 από ακίνητα [Γ’ Μέρος]](https://www.ot.gr/wp-content/uploads/2025/03/akinita-600x400.jpeg)
