Monday Jul 28, 2014 Search
Weather | Athens
31o C
23o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
UAE to invest in Greek construction

 Chinese premier will also arrive in the coming weeks and discuss further cooperation with local companies

By Dimitra Manifava

Officials from the United Arab Emirates are set to announce in Athens on Tuesday the UAEs participation in the share capital of a major Greek construction company active in the sectors of energy and real estate.

The UAE is also close to a deal for the implementation of a similar cooperation with a smaller construction company, while its officials will sign agreements on Tuesday with Lamda Development, Fosun of China and Al Maabar regarding the investment in the development of the plot at the old airport in Elliniko, southern Athens.

UAE Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan and Assistant Minister for Financial Affairs Khalid Ghanim Al-Ghaith arrived in Athens late on Monday to take part in a meeting of the joint interministerial committee of Greece and the United Arab Emirates under Greek Foreign Minister Evangelos Venizelos.

In the context of their visit, Deputy Development Minister Notis Mitarakis announced on Monday that the Greek and UAE governments will sign an agreement for the protection and promotion of investments on Tuesday for the creation of a permanent cooperation mechanism on investment issues.

Meanwhile, more interest is coming from the East regarding investing in Greece. Chinese Premier Li Keqiang is set to examine further opportunities for cooperation between Greek and Chinese enterprises during his official visit to Greece, likely after the European elections on May 25.

The Chinese premiers agenda during his visit will include examining the local market in a bid to deepen cooperation between local firms and the Chinese companies that are already involved in the domestic market, such as Cosco, Huawei, ZTE and Fosun. It will also include talks on the possibility for the expansion of the ship repair zone in Piraeus through an investment by Coscos local subsidiary, on issues concerning obstacles to Greek exports to China, and the longstanding issue of the lack of a direct air link between the two countries.

ekathimerini.com , Monday May 5, 2014 (23:11)  
Musical chairs at ECB leaves Germany on guard for doves attack
Minister mulls fixing food and drink prices at non-private beaches
Multi-bill containing prior actions ready for Parliament
Euro inflation seen testing ECB patience as stimulus takes time
Samaras vows to stand by Cyprus in reunification talks
Prime Minister Antonis Samaras has vowed to stand by the Cypriot government in its reunification talks with Turkish-Cypriots after meeting President Nicos Anastasiades in Athens on Monday. ...
Tree collapses in village square, killing nine-year-old boy
A nine-year-old boy has been killed in a village in central Greece after a plane tree collapsed on top of him. The accident happened on Sunday night in the central square of a village called...
Inside News
VOLLEYBALL
Volleyball national team second in European League
Much as the national volleyball team tried to repeat in the finals of the European League the feat it had achieved in the semifinals, it failed to overturn the advantage Montenegro had got f...
SOCCER
Ranieri says he has little to change in Greek national team
The Hellenic Football Federation (EPO) presented Claudio Ranieri as the new Greece coach for the next couple of years, after the Italian manager signed his contract in Athens on Friday. I l...
Inside Sports
COMMENTARY
Weighing all the factors
Certain people in the know continue to believe that snap elections will take place in the fall. Prime Minister Antonis Samaras is obviously aware of this trend, which is why he told Parliame...
EDITORIAL
Clear rules, for everyone
If we want to deal with the economic crisis, we need clear rules. A large number of individuals and businesses have amassed huge debts they cannot service. And some worrying symptoms have al...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Musical chairs at ECB leaves Germany on guard for doves attack
2. Samaras vows to stand by Cyprus in reunification talks
3. Minister mulls fixing food and drink prices at non-private beaches
4. Multi-bill containing prior actions ready for Parliament
5. Tree collapses in village square, killing nine-year-old boy
6. Samaras to meet Cypriot President Anastasiades in Athens
more news
Today
This Week
1. Defense Minister Avramopoulos to represent Greece at European Commission
2. Euro inflation seen testing ECB patience as stimulus takes time
3. Tree collapses in village square, killing nine-year-old boy
4. Maziotis moved to Diavata Prison in Thessaloniki
5. Samaras to meet Cypriot President Anastasiades in Athens
6. Multi-bill containing prior actions ready for Parliament
Today
This Week
1. Climber dies in Mount Olympus fall
2. Greek sovereign debt at 174.1 percent of GDP in first quarter
3. Unequal after death
4. Hedge fund Dromeus turns Greek tragedy to triumph with 160 pct gain
5. Quadriplegic woman on life support 'dies due to unpaid power bills'
6. Front-line threats
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.