Strengthening economic cooperation between Greece and the United Arab Emirates
Published
Significant developments are taking place in relations between Greece and the United Arab Emirates, on the occasion of the Crown Prince's visit to Athens. This visit underscores the strategic importance the Greek government places on attracting investments from the Gulf, with the aim of strengthening the national economy.
At the center of the discussions is energy, a sector where the two countries have already developed strong ties. The Emirati company Masdar has completed the acquisition of TERNA Energy, a move with a total enterprise value reaching 3.2 billion euros. This is one of the largest investments in the renewable energy sector in Greece.
At the same time, cooperation is expanding into other sectors, such as infrastructure and real estate development. A characteristic example is the partnership between the company DAMAC and PPC (DEI), which aims to implement joint business plans. These moves demonstrate the increased interest of foreign investors in the Greek market.
During the business forum that was held, Prime Minister Kyriakos Mitsotakis sent messages of confidence to foreign investors. He emphasized that Greece is now a stable and attractive destination for large capital, offering opportunities in many sectors of the economy.
This visit is expected to pave the way for further cooperation in the future. The Greek government seeks to maintain this positive climate, strengthening diplomatic and economic bridges with the Gulf states, with the ultimate goal of growth and the creation of new jobs in the country.
Sources: ProtoThema
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