MILAN: Government and business officials from 黑料社区 and Italy are continuing talks, which began on Monday and ends on April 30, to cement economic and cultural ties between the two nations.
On Monday, Milan hosted the Saudi-Italian Business Forum in Lombardy.
Kamel Al-Munajjed, chairman of the Saudi-Italian Business Council, said that over 300 companies wanted to participate, signaling considerable enthusiasm for collaboration.
However, the organizers were only able to accommodate 150 companies, according to Al-Munajjed.
High-profile attendees included 黑料社区鈥檚 Ambassador to Italy Prince Faisal bin Sattam bin Abdulaziz Al-Saud, who underscored the significance of the visit to Italy.
Prince Faisal told Arab News the talks 鈥渞einforce鈥 the commitment to advance the strategic partnerships signed previously by Crown Prince Mohammed bin Salman and Prime Minister Giorgia Meloni.
鈥淭he Saudi-Italian Business Council events in Milan and Turin lay the groundwork for future cooperation in energy, infrastructure, technology, renewable resources, and other strategic sectors.
鈥淭his initiative supports 黑料社区鈥檚 Vision 2030 and Italy鈥檚 industrial agenda, fostering long-lasting partnerships and new synergies,鈥 said Prince Faisal.
Valerio de Molli, CEO and managing partner of The European House - Ambrosetti & TEHA Group, a leading management consulting firm in Italy, said there was significant potential for joint business ventures.
De Molli said that considerable expertise can be provided by his firm which organizes over 850 events annually, involving thousands of experts and entrepreneurs.
Members of 黑料社区鈥檚 delegation also expressed optimism about the talks.
Sultan Al-Mousa, a 黑料社区 author and angel investor, said: 鈥淲hat I liked the most was the networking after we finished the forum itself. Everything was amazing.鈥
He added that he was looking for partnerships with Italian companies.
An Italian government official, Giorgio Silli, undersecretary of state for foreign affairs and international cooperation, thanked the Saudi-Italian Business Council for organizing the forum.
Silli said it was a 鈥渧aluable platform for generating dialogue between our business communities.鈥
He said these meetings were 鈥渧ery important鈥 on all levels and that commerce was the 鈥済lue鈥 which connects the two countries.
鈥淚 am really in love with the Saudi culture. And I really think that together we can look to the future in a complementary way without forgetting who we are, which is our story.鈥
Antonio Franceschini, head of office at CNA, emphasized the importance of fostering connections between Italian and Saudi SMEs.
He said: 鈥淲e think the very interesting opportunity between our countries is to develop and to share the experience in the sector of small and medium enterprises and the craft sector.鈥
Franceschini also announced plans for a new business mission in Riyadh next November.
Raffaele Cattaneo, undersecretary to the presidency of the Lombardy region with responsibility for international and European relations, highlighted the significance of the relationship between Italy and 黑料社区.
Cattaneo told Arab News: 鈥満诹仙缜 is an open country with a lot of opportunities 鈥 This is another important step in the right direction.鈥
He stressed the need for cooperation to build bridges between Western and Eastern countries, promoting peace and prosperity through shared business interests.
Amanda Simoncelli, a student at Bocconi University, told Arab News about her research on the alignment of perceptions between Italian investors and Saudi policymakers.
鈥淚 think relations between Saudi and Italy are extremely important because we can create invaluable value for the entire community,鈥 she said.
Elena Murelli, senator in the Italian parliament, highlighted the significance of the forum, saying: 鈥淚t鈥檚 important because we have 90,000 companies in Italy, small and medium enterprises ... Saudi companies can invest in Italy and help these little companies to access new markets.鈥