Cassa Depositi e Prestiti: roadshow in the Gulf concluded with new agreements in Saudi Arabia

ROME – The Cassa Depositi e Prestiti roadshow in the Gulf to attract capital to Italy, accompany Italian companies in those markets and build partnerships for common projects in third countries has concluded.

The CDP and Simest delegation, led by CEO Dario Scannapieco, met with some of the main sovereign funds, institutional investors and development banks in the area. In Riyadh, after the Doha and Abu Dhabi stages and before the meetings in Jeddah, two Memoranda of Understanding were concluded.

The first agreement, with the National Development Fund (Ndf), strengthens the collaboration started in 2025. The objective is to support industrial investments and the establishment of Italian companies in Saudi Arabia, also facilitating the access of SMEs to local supply chains thanks to the tools of Cdp and Simest. The agreement also opens up the creation of thematic funds and the co-financing of projects in third countries, particularly in Africa.

The second agreement, with the Federation of Saudi Chambers, is dedicated to businesses. It aims to promote the Cdp Business Matching platform to encourage new collaborations between Italian and Saudi companies and to accompany Italian companies in opportunities linked to the country's major projects, starting with Expo 2030 Riyadh. The parties will also appoint dedicated representatives to continuously support businesses and investors, with particular attention to SMEs.