Tuesday June 30, 2015 Search
Weather | Athens
14o C
09o 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)  
Greeks check goods online, buy at stores
Closure of countrys banks leads commerce to grind to a halt
Public coffers run dry as taxes go unpaid
ATHEX: No trade until next Tuesday at the earliest
Tsipras says no vote will help talks but yes will prompt political developments
Prime Minister Alexis Tsipras indicated on Monday that Greece was still open to an agreement with creditors, even at the 11th hour, made it all but clear that a payment due on Tuesday to t...
EU officials say referendum is on euro or drachma
A number of European leaders warned Greece on Monday that Greeks face a choice between the euro and the drachma when they go to vote on Sunday, regardless of the government insisting that a ...
Inside News
SOCCER
English keeper Steele stays with Panathinaikos
English goalkeeper Luke Steele has extended his contract with Panathinaikos until the summer of 2018, the Greek Super League club announced on Monday. Former England youth international Stee...
VOLLEYBALL
Great wall of China insurmountable for Greece
The Greek mens national volleyball came mighty close to snatching a spot in the Final-Four of the World Leagues third division, but eventually succumbed to China in front of some 4,000 fan...
Inside Sports
Switching the rules for the referendum
The legislative decree that the government just issued changes in its favor the rules that apply for the carrying out referendums. It states that if it is not possible to put together one s...
COMMENTARY
Playing the last chips
Prime Minister Alexis Tsipras played his last chips and the country is already experiencing the results. If he has come to terms with the idea of Greece returning to the drachma then you can...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Tsipras says no vote will help talks but yes will prompt political developments
2. Greeks check goods online, buy at stores
3. Closure of countrys banks leads commerce to grind to a halt
4. Public coffers run dry as taxes go unpaid
5. ATHEX: No trade until next Tuesday at the earliest
6. Double default day for Greece?
more news
Today
This Week
1. Greek government says no limit on bank withdrawals for foreign tourists
2. Playing the last chips
3. Poll shows chances of Greece euro exit balancing on knife's edge
4. Referendum asks Greeks simply to accept or reject creditors' plan
5. Cautious Merkel on verge of biggest risk with 'Grexit'
6. ECB rejected Greek funding line request for extra 6 bln euros, say sources
Today
This Week
1. Greek government says no limit on bank withdrawals for foreign tourists
2. Greek referendum offer is more con than democracy
3. Greek negotiators learned of referendum proposal from Twitter
4. Greeks want to stay in eurozone, two polls show
5. A decision with no preparation
6. Europe, a big phony
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.