Tuesday December 23, 2014 Search
Weather | Athens
13o C
8o 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)  
October data show fleeing bondholders
Expired debts to the state soar to more than 72 bln euros
First four contracts to fund small firms signed by IfG and banks
Investors putting plans on hold
Govt seeks better result in second presidential vote as bribe claim probe shelved
With all political parties now actively preparing for the prospect of snap elections, MPs are to vote in the second ballot of a critical three-phase presidential vote at noon on Tuesday. The...
Civil servants to grade evaluation scheme
As of Monday, Greek civil servants are now able to have a say in the public sector evaluation scheme that is currently undergoing fine-tuning by the Ministry of Administrative Reform. By log...
Inside News
SOCCER
Special day for Abidal, lucky one for PAOK
PAOK scraped through its Livadia challenge beating Levadiakos to remain on top of the Super League for Christmas, one point ahead of Olympiakos that enjoyed a great game at Kalloni and offer...
BASKETBALL
Explosive Barca unfazed by Panathinaikos, bomb scare
Panathinaikos lost 80-67 at home to Barcelona on Friday in a rather meaningless game at the end of the first group stage of the Euroleague, but the encounter will be remembered for the bomb ...
Inside Sports
INTERVIEW
Klaus Regling stresses debt sustainability through commitment to reforms
BRUSSELS The man who is responsible for the loans to Greece as managing director of the European Stability Mechanism (ESM/EFSF), Klaus Regling, is the only high-ranking European official w...
INTERVIEW
Crisis of confidence will come back again and again, says Thomas Piketty
Hes treated like a rock star wherever he goes to lecture. His book Capital in the 21st Century, a study on income and wealth inequality from the 18th century to the present, recently tran...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. October data show fleeing bondholders
2. Expired debts to the state soar to more than 72 bln euros
3. First four contracts to fund small firms signed by IfG and banks
4. Investors putting plans on hold
5. Govt seeks better result in second presidential vote as bribe claim probe shelved
6. Civil servants to grade evaluation scheme
more news
Today
This Week
1. Greek parliament vote in balance after Samaras election offer
2. Euro shaky on ECB and Greece, dollar keeps edge
3. Prosecutor gathers depositions in Independent Greeks 'bribe' probe
4. Government accuses SYRIZA and Independent Greeks of 'clear alliance'
5. Klaus Regling stresses debt sustainability through commitment to reforms
6. Draghi starts squaring QE circle in month of persuasion for ECB
Today
This Week
1. Samaras summons bond vigilantes with euro exit talk
2. High stakes
3. Europe's drama in Greece needs final act to avoid tragedy
4. On the edge but not gutless
5. Greek PM offers compromise solution with elections by end-2015
6. Ship with 200 migrants off Pylos towed to Italy after passengers refuse to stop in Greece
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.