Prime Minister Giorgia Meloni said the United Arab Emirates will invest $40 billion in Italy after Rome hosted a visit of UAE President Sheikh Mohamed bin Zayed Al Nahyan.

Louisiana native Chad McGehee saw a need and is filling it, opening the first craft brewery later this month in Abu Dhabi.

Italy's Prime Minister Giorgia Meloni arrives for a meeting with European leaders on Ukraine and European security at the Elysee Palace in Paris, France, February 17, 2025. REUTERS/Gonzalo Fuentes/File Photo ROME (Reuters) - The United Arab Emirates plans to invest $40 billion in Italy,

The United Arab Emirates plan investments in Italy worth 40 billion dollars, Italian Prime Minister Giorgia Meloni said on Monday, without giving a time frame. Meloni has been trying to pursue stronger ties with Gulf countries since taking office in 2022,

The UAE is to invest $40 billion in key sectors of Italy’s economy as the two countries strengthen ties. Italy and the UAE signed 40 new agreements covering sectors including economy and investment, defence,