(Alliance News) – Intesa Sanpaolo Spa announced Thursday the finalization of a EUR150 million Push Strategy, to support Qatar’s economic growth and promote business opportunities for Italian companies in the country, with SACE and Estithmar Holding.
The agreement was signed after the state visit of the Emir of Qatar, SA Sheikh Tamin Bin Hamad Al Thani, to Italy.
SACE issued a financial guarantee to Estithmar Holding, a Doha-listed company active in strategic sectors such as healthcare, services, real estate, tourism and specialized contracts.
Estithmar, in turn, pledged to foster business matching opportunities with Italian companies.
Intesa Sanpaolo’s stock is in the red 0.4 percent at EUR4.23 per share.
By Antonio Di Giorgio, Alliance News reporter
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