Dubai International Chamber inaugurates second European representative office in Milan
Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has inaugurated a new representative office in Milan to boost trade and investment between Dubai and Italy. The opening strengthens the chamber’s presence in Europe following the launch of its London office in June and increases its growing network of international representative offices to 23 worldwide.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230908336191/en/
Ribbon-cutting ceremony at the opening of the new Dubai International Chamber representative office in Italy yesterday. From left to right: Naser Al Khaja, Charge d’affaires at the UAE Embassy in Italy; Letizia Pizzi, Director General of Confindustria Assafrica & Mediterraneo; Veronica Squinzi, Vice President for Internationalization and European affairs, Assolombarda; Salem Al Shamsi, Vice President of Global Markets, Dubai Chambers; Noora AlSuwaidi, Regional Director for Europe and the Americas, Dubai Chambers; Mohammad Al Kassim, Director of Investment Attractions, Dubai Chambers; and Stefano Antonelli, Chief Representative for Italy, Dubai International Chamber. (Photo: AETOSWire)
The official inauguration ceremony for the Milan office was held with the participation of Naser Al Khaja, Charge d’affaires at the UAE Embassy in Italy, and Salem Al Shamsi, Vice President of Global Markets at Dubai Chambers, in the presence of distinguished representatives of the Italian business community.
Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, commented: “Our new office in Milan is set to drive further growth in Dubai's non-oil trade with Italy and other European countries, as well as increased strategic investments from businesses in both markets. The opening comes as part of the Dubai Global initiative, which seeks to establish a powerful network of 50 offices worldwide by 2030.”
The value of non-oil bilateral trade between Dubai and Italy exceeded EUR 8.5 billion during 2022, representing YoY growth of 7%. 228 new Italian companies registered with Dubai Chamber of Commerce during the first seven months of 2023, an increase of 49% compared to the same period in 2022 that brought the total number of Italian member companies to 1,758.
With its strategic location and world-class logistics facilities, Dubai has emerged as a preferred business and trading hub among Italian companies with global ambitions. Dubai International Chamber remains committed to strengthening bilateral trade and investment with Italy as part of its drive to boost non-oil foreign trade to EUR 500 billion by 2026, in line with the goals of the emirate's five-year trade plan.
About:
Dubai International Chamber, one of three chambers operating under the umbrella of Dubai Chambers, was established to promote Dubai as a global business hub, attract multinational companies and expand the emirate’s trade ties with promising markets. The chamber has a mandate to meet His Highness Sheikh Mohammed’s ambition to increase Dubai’s foreign trade from AED 1.4 trillion to AED 2 trillion by 2026.
www.dubaichamberinternational.com/en/home
Follow us on:
www.facebook.com/DxbChamberIntl
www.twitter.com/dxbchamberintl
www.linkedin.com/company/dubai-international-chamber
www.youtube.com/DubaiChamberTV
www.instagram.com/dxbchamberintl
*Source: AETOSWire
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230908336191/en/
Contact information
Mohamad Mouzehem
Tel: +97142028537
Email: mohamad.mouzehem@dubaichamber.com
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Recover™ Appoints Anders Sjoblom as Chief Executive Officer28.9.2023 11:30:00 EEST | Press release
Recover™, the leading materials science company and scale producer of sustainable, high quality recycled cotton fiber and cotton fiber blends, today announced an expansion of its leadership team with the appointment of Anders Sjoblom as the company’s global chief executive officer, effective January 1, 2024, to drive its next stage of growth. Sjoblom is a seasoned executive that will join Recover from the H&M Group where he is global managing director for H&M lifestyle brands. Concurrent with Sjoblom’s appointment, fourth-generation family steward of Recover, Alfredo Ferre, will transition to a newly created role of chief product and innovation officer allowing his full focus on continued innovation and technical leadership at Recover inclusive of ensuring unparalleled product quality and transparency. The appointment of Sjoblom follows Recover’s recent appointment of Matthew Neville as the company’s first global chief commercial officer to build a customer-centric sales team and provi
Huawei joins the Sisvel Cellular IoT patent pool28.9.2023 11:03:00 EEST | Press release
Sisvel International S.A. (“Sisvel”) today announced that Huawei patents will now be available through its Cellular IoT technology patent pool after the company signed up to the programme as a licensor. The agreement means that more world class IP has been added to a pool which already includes patents from around 25 renowned innovators. At the same time, Sisvel has revealed new royalty rates for the Cellular IoT patent pool, including for devices with a lower selling price. The firm has also expanded its offering to new product verticals. Please see link for more details. The Sisvel Cellular IoT patent pool offers device manufacturers licences - on fair, reasonable, and non-discriminatory terms and conditions - to participants’ patent portfolios essential to the LTE-M and NB-IoT standards. “We are excited to welcome Huawei, a major contributor to the development of cellular IoT, as a member,” says Sisvel’s Cellular IoT programme manager, Sven Torringer. “LTE-M and NB-IoT technologies
Quectel Introduces EM060K-EA LTE-Advanced Cat 6 Module28.9.2023 11:00:00 EEST | Press release
Quectel Wireless Solutions, a global IoT solutions provider, is pleased to introduce the EM060K-EA LTE-Advanced Cat 6 module, offered for the EMEA, APAC and Brazil markets. The module, which is available in the M.2 form factor, measuring 30.0mm x 42.0mm x 2.3mm and powered by the Snapdragon® X12 LTE Modem from Qualcomm Technologies Inc, adopts 3GPP Release 12 technology and supports a theoretical peak date rate of 300 Mbps downlink and 50 Mbps uplink. The EM060K-EA can operate in extended temperature ranges from -25 °C to +75 °C, has a dedicated EMEA SKU and features power saving technology to ensure maximised deployment uptime. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230928466648/en/ Quectel introduces EM060K-EA LTE-Advanced Cat 6 module (Photo: Business Wire) Offering LTE-A and UMTS and HSPA+ coverage, the EM060K series has been designed for the global market and covers nearly all tier-one carriers worldwide. The mo
FRESOR's Big Breakthrough Shakes Up the European Vaping Industry28.9.2023 10:00:00 EEST | Press release
FRESOR, as the world's Leading Vaping Technology Platform, launched upgraded FRESOR NOVA technology and its latest product, FRESOR Slim at InterTabac 2023. This marks its first-ever launch in Germany and the third foray into the European market this year, following its successful debuts at Vaper Expo UK 2023 in Birmingham, UK, and Vapitaly 2023 in Italy in May. The exhibition achieved tremendous success, leaving a lasting impression on all attendees. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230928481680/en/ (Photo: Business Wire) "Where Flavor Meets Technology" On the opening day of the exhibition, September 14th, FRESOR hosted a spectacular product launch event at booth 3.F50, themed "Where Flavor Meets Technology." 1. Upgraded FRESOR NOVA technology During this event, FRESOR proudly unveiled its flagship offering – Upgraded FRESOR NOVA technology. This cutting-edge technology is specifically designed for small-capaci
AI Alignment Lab Achieves Major Milestone in Step Towards Agentic AI28.9.2023 08:00:00 EEST | Press release
Aligned AI, a leader in artificial intelligence (AI) research, has announced a groundbreaking AI advancement in misgeneralization, a critical challenge in the field of AI. It is the first to surpass a key benchmark called CoinRun by teaching an AI to “think” in human-like concepts. The technology underpinning the achievement opens the door to more precise, reliable, and controllable AI for a wide variety of real world applications. By teaching AI models to generalize in a manner more akin to agentic human cognition, Aligned AI’s innovation enables AI to correctly identify concepts across new situations and environments, reducing the need for prolonged production, testing, and retraining. Misgeneralization occurs when AI systems learn incorrect patterns and behaviors from their training data, and are not able to correctly adapt when presented with new information. This leads to unexpected, and often harmful, outcomes. Today’s foundation models suffer from varying degrees of misgeneraliz
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom