Dubai, UAE: Dubai Electricity and Water Authority (DEWA) will host 22 leading Italian companies at the 21st Water, Energy, Technology and Environment Exhibition (WETEX 2019), under the directives of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai; and under the patronage of HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance and President of DEWA, from 21-23 October 2019, at the Dubai International Convention and Exhibition Center (DICEC). The exhibition coincides with the fourth edition of the Dubai Solar Show, under the umbrella of the sixth Green Week. The Italian pavilion is the second largest pavilion at WETEX 2019, covering an area of 378 square metres.

HE Saeed Mohammed Al Tayer, MD & CEO of DEWA and Founder and Chairman of WETEX, emphasised the role of WETEX in deepening the trade and economic ties between the UAE and Italy, in addition to enhancing trade and mutual investments between the two countries in the fields of renewable energy, water and environmental protection.

“WETEX has consolidated its position year after year as one of the largest specialised, comprehensive, integrated exhibitions in the world, in traditional and renewable energy, sustainability, green techniques, development, and many others. The exhibition turns out to be highly successful every year, with visitors, sponsors, exhibitors and participants from around the world reaping huge benefits. DEWA is working to use this success to support the achievement of the Dubai Clean Energy Strategy 2050 announced by His Highness Sheikh Mohammed bin Rashid Al Maktoum, to make Dubai a global centre of clean energy and green economy. The Dubai Clean Energy Strategy aims to provide 7% of Dubai’s power from clean energy by 2020. It will increase this target to 25% by 2030 and 75% by 2050. We also support the Dubai Demand Side Management Strategy 2030 aiming to reduce energy and water consumption by 30% by 2030,” said Al Tayer.

“Through this important event, we aim to support national and global efforts in the field of sustainability and to establish an attractive environment for investments by highlighting the competitive advantages that make the UAE the topmost business destination in the region; in addition to supporting the United Nation’s 2030 Agenda for Sustainable Development, the UAE Centennial 2071 targets and the UAE National Agenda 2021,” said Al Tayer.

He added that WETEX is an ideal opportunity for participating companies to build and explore partnerships; gain access to regional and global markets and expand into the region. He also highlighted the role of the exhibition in enhancing Dubai’s and the UAE’s positions in the green economy and sustainable development; and its contribution to raising awareness on the importance of conservation of natural resources, by attracting a wide range of manufacturers and decision-makers to discuss the challenges related to environmental sustainability, energy and water conservation, research into alternative energy to achieve sustainability, and enhance clean and renewable energy.

"The UAE and Gulf Cooperation Council have redefined their energy and environment policies in recent years. The UAE has adopted a strategy to increase its clean energy by 50% by 2050, doubling efforts in shifting away from fossil fuel. We have the Italian expertise to overcome regional challenges and meet global demands," said Gianpaolo Bruno, Trade Commissioner to the UAE, Oman, and Pakistan. The Italian companies (including 6 exhibiting for the first time) will showcase their innovative products in water treatment, recycling, energy generation, air control systems, environmental protection, and green building.

The total non-oil trade volume between the UAE and Italy amounted to more than USD 7.8 billion in 2017 and exceeded USD 5.7 billion in the first nine months of 2018, recording a 7.7 per cent growth in the country's exports to Italy compared to the same period in 2017. The UAE is Italy's largest Arab trading partner, while Italy is the UAE's fourth-largest European partner and second-largest exporter from Europe, according to 2017 data.

Furthermore, Italy was ranked 17th on the list of Dubai's trading partners last year with a total non-oil intra-trade value of AED 24 billion, recording a growth of 6.6 per cent compared to 2017.

-Ends-

For more information, please contact:
Khuloud Al Ali / Shaikha Almheiri / Mohammad Almheiri                                  
Dubai Electricity and Water Authority                                                                     
+971 50 8450757 / +971 55 2288228 / +971 50 4511571                          
Media@dewa.gov.ae  / Shaikha.almheiri@dewa.gov.ae  / Mohammad.almheiri@dewa.gov.ae         

Jessy Chami / Layal Charara
Orient Planet PR
+971 55 8257576 / +971 58 5845000
jessy@orientplanet.com / layal.charara@orientplanet.com

© Press Release 2019

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.