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.

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,

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 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,