We are pleased to announce the signing of a memorandum of understanding between PDM & PARTNERS STP Professionisti Associati and Serdal Holding L.L.C. - Abu Dhabi UAE

Serdal Holding L.L.C., an Abu Dhabi-based Emirati company led by Chairman H.H Sheikh Hamdan Bin Sultan Bin Hamdan Al Nahyan, Member of the UAE Royal Family, and represented by CEO Ali Abdulla Ali Saeed Almazrouei.

A result achieved thanks to the personal and professional relationship with Federico Cervellini, Executive Director of International Strategic Partnerships of SERDAL HOLDING L.L.C., an Italian professional who for years has been a point of reference for the Management of the Emirati Company in the development of business strategies and a member of the SERDAL Team, composed of Khaled Moussa(Chief Operating Officer) and Alaric Errington(Chief Investment Officer), to whom each entrepreneur or company will be introduced for the accurate identification of the opportunities that the Emirates and Gulf market can offer, along with the development of activities and operations there.

The United Arab Emirates (a federal state made up of the seven absolute hereditary monarchies of Abu Dhabi, Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah and Umm Al-Qaywayn), is an indispensable hub for Italian companies wishing to project themselves not only into the markets of the Middle East, but also those of East Africa and South Asia.

What has driven its extraordinary economic growth has been mainly its large reserves of oil and natural gas, but also its ability to make optimal use-for commercial and tourism purposes-of its particularly favorable geographic position located between Asia, Europe and Africa, which makes the Emirates the region’s main logistical and commercial hub, as well as a prime tourist destination.

The Emirates in 2021, ranked No. 1 in the Arab world and 19th globally for the amount of inflows, amounting to $21 billion, results favored by the recent reform that grants the possibility for foreign investors to hold large majorities of local companies and also allows a much more streamlined bureaucratic process for the establishment of foreign companies.

Last but not least, the UAE has an extremely attractive taxation system for foreign companies, regulated by decrees issued by individual emirates.

A particularly distinctive element of this country’s economy, then, is the level of income per capita, which allows it to maintain particularly high standards of living, with GDP per capita among the highest in the world and significantly higher than the average for advanced economies.

The Memorandum of Understanding signed will make it possible to facilitate, through the strengths of SERDAL HOLDING L.L.C., (such as the vast network of knowledge, expertise and experience in the Emirati Confederation) and through the support and advice of the Professionals of PDM & PARTNERS STP, the materialization of important opportunities for Italian Companies in the UAE.

Opportunities in a rich, dynamic, highly competitive but not without pitfalls market, to operate in which investment, adequate market knowledge, a strong presence in the territory and a forward-looking strategy are required, which this new partnership makes available to Italian companies, for new and concrete business prospects.

Thanks to the agreement reached, the most dynamic and structured Italian companies will be able, in partnership with Serdal Holding, but with the guidance and experience of PDM & PARTNERS STP, to start a business in the Emirates, to achieve levels of turnover and wealth not easily attainable elsewhere.

Those interested in this great opportunity should not hesitate to contact us.