Financial and commerce relations between Italy and the UAE are experiencing unprecedented progress, with non-oil commerce reaching round €6bn ($6.5bn) within the first half of 2025, in accordance with Valerio Soldani, Italian Commerce Commissioner to the UAE and Director of the Italian Commerce Company (ITA) Workplace in Dubai.
Talking on the twenty seventh version of the Water, Power, Know-how and Atmosphere Exhibition (WETEX), Soldani stated Italian exports to the UAE grew 19 per cent within the first six months of the yr, reaching €4.5bn ($4.9bn).
Exports are anticipated to exceed €9bn ($9.8bn) by the tip of 2025, after setting a file of €7.8bn ($8.4bn) in 2024.
UAE-Italy commerce
The commercial know-how sector has been the strongest performer, increasing by greater than 23 per cent this yr. It now accounts for 26 per cent of Italy’s exports to the United Arab Emirates, surpassing conventional sectors comparable to furnishings when it comes to progress.
Jewelry and different sectors proceed to play an vital function, however know-how has turn into a central pillar.
Soldani noted that Italy’s participation in WETEX reflects this trend, with main Italian firms in renewable vitality, water therapy, waste administration, and sustainability presenting modern options.
Exports within the renewable vitality sector alone exceeded €250m ($272m) final yr, with an annual progress charge of greater than 30 per cent.
He added that greater than 600 Italian firms now function straight within the UAE, with the quantity steadily growing.
These firms not solely export to the native market but additionally leverage the UAE as a strategic hub for entry to the Gulf Cooperation Council, Center East, North Africa, and Asian markets, supported by Complete Financial Partnership Agreements (CEPAs).
Soldani emphasised that the rising presence of Italian firms highlights each the resilience of commerce relations and the UAE’s significance as a gateway for worldwide enterprise enlargement.