
The agreement aims to advance bilateral trade and investment relations between Dubai and Italy.
Dubai Chambers and Assolombarda have signed a memorandum of understanding to promote bilateral trade and investment relations, with the aim of opening new partnerships between the companies and the future opening of an Assolombarda office in Dubai.
AI-generated summary
Dubai Chambers and Assolombarda have signed an MoU to intensify bilateral economic and commercial relations.
Dubai Chambers has signed a memorandum of understanding (MOU) with Assolombarda, the largest business association in the Confindustria system, which represents the interests of over 7,000 companies in the areas of Milan, Lodi, Monza, Brianza and Pavia.
The agreement aims to advance bilateral trade and investment relations, strengthen engagement between the business communities of Dubai and Italy, and open new avenues of partnership and cooperation between companies in sectors of mutual interest. The memorandum was signed during a meeting organized by Dubai Chambers at its headquarters in collaboration with Assolombarda. The signing took place in the presence of Mohammad Ali Rashed Lootah, president and CEO of Dubai Chambers, Lorenzo Fanara, Ambassador of Italy to the United Arab Emirates, and the President of Assolombarda, Alvise Biffi, with the participation of 20 representatives of companies operating in Dubai and companies associated with Assolombarda.
The president and CEO of Dubai Chambers, Mohammad Ali Rashed Lootah, recalls that "we are committed to expanding international cooperation and building stronger partnerships that support the growth of trade and investment between Dubai and global markets".
"The agreement between Assolombarda and Dubai Chambers creates privileged expansion channels for over 7,000 associated companies, strengthening Dubai as a strategic hub for Italian manufacturing and services in the Gulf region", says Assolombarda president Alvise Biffi. "The agreement - he adds - strengthens the ongoing dialogue between Assolombarda and the United Arab Emirates.
Assolombarda will soon open an operational headquarters in Dubai, further consolidating the industrial and technological alliance between Italy and the Emirates".
AI outlook — possibilities, not facts
Assolombarda will open an operational headquarters in Dubai
Very likely · Within months

Ryanair's CEO, Eddie Wilson, announced increases on tickets due to fuel, while guaranteeing lower fares than the competition. The company grows in Milan and Italy, but not in Rome.

Impianti S.p.A. signed a strategic partnership with the US Red Cat Holdings in September 2026 to bring advanced unmanned and robotic systems to the Italian defense and security market.

The European Commission is liaising with Member States and the US administration about a possible release of oil and diesel stocks to avoid a US export ban, ahead of a key meeting of the International Energy Agency.

The Minister of Economy Giancarlo Giorgetti asks for flexibility on the accounts linked to inflation, defining it as a technical but substantial issue. Meanwhile, deputy minister Maurizio Leo warns that the next budget law will be difficult.

The doubling of the Peschiera aqueduct, worth 1.5 billion euros, is the most important water project in Europe, as declared by Acea president Alessandro Rivera at the Euro-Mediterranean Water Forum in Rome.

Invitalia's board of directors has approved 'Vulcan Project', a 3.2 billion Silicon Box investment for a microchip factory in Novara, with 1.3 billion in public support through the Chips Act.