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Saudi Arabia considering investing in ‘Made in Italy’ fund

Italian Prime Minister Giorgia Meloni and Polish Prime Minister Mateusz Morawiecki hold a joint press conference in Warsaw, Poland, July 5, 2023, REUTERS/Kacper Pempel/File Photo Acquire Licensing RightsEnergy projects focal point of agreementSaudis could invest in 'Made in Italy' fundPM has sought closer ties with Gulf countriesMILAN, Sept 4 (Reuters) - Italy and Saudi Arabia are in talks about a potential Saudi investment in Rome's new strategic fund, Italy's Industry Minister Adolfo Urso said on Monday, as the two signed a deal to forge closer economic relations, particularly in energy.The...
Banking

Belt and Road did not benefit Italy as expected, says foreign minister

ROMETrade between China and Italy has not improved as expected since Rome joined China-sponsored Belt and Road Initiative in 2019, the Italian foreign minister said Saturday.“If we analyze it, it did not bring the results we expected,” Antonio Tajani said at the European House – Ambrosetti, an annual international economic forum, in Cernobbio, northern Italy, ahead of leaving for China Saturday afternoon for a three-day diplomatic mission.​​​​​​​He said last year’s trade figures between the two countries are lower than those between China and France and China and Germany.Italy signed the...
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