Latest news with #ITOCHU
Zawya
13-05-2025
- Business
- Zawya
Abu Dhabi deepens economic ties with Japan at a flagship Investment Forum in Tokyo
ADIO signs strategic agreements with ITOCHU Corporation and Mizuho Bank Abu Dhabi, United Arab Emirates – The Abu Dhabi Investment Office (ADIO) successfully concluded its flagship Abu Dhabi Investment Forum (ADIF) in Tokyo, building on growing economic ties between the UAE and Japan and accelerating shared ambitions in future-focused industries. The Tokyo forum marked the event's debut in Japan, following previous editions held in London, Beijing and Shanghai. Hosted in partnership with the Abu Dhabi Department of Economic Development (ADDED) and Abu Dhabi Global Market (ADGM), the event convened senior Japanese government officials, institutional investors and private sector leaders, along with an Abu Dhabi delegation led by His Excellency Ahmed Jasim Al Zaabi, Chairman of ADDED and ADGM, comprising Abu Dhabi Customs, Abu Dhabi Chamber of Commerce and Industry (ADCCI), KEZAD and Hub71, as well as representatives from Mubadala, Abu Dhabi Airports, HSBC, ADX and various private sector institutions. As bilateral discussions progress towards a Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Japan, ADIF Tokyo served as a timely platform to align strategic priorities and unlock cross-border collaboration across priority sectors, including technology, life sciences, real state and clean energy. Discussions at the forum reinforced Abu Dhabi's position not only as a destination for capital, but also as a global gateway to high-growth markets across the Middle East, Africa and South Asia. Delivering the keynote address, His Excellency Ahmed Jasim Al Zaabi, Chairman of ADDED and ADGM, articulated Abu Dhabi's strategic vision to become a diversified, export-driven economy, powered by innovation, growth in non-oil sectors and an investor-centric policy landscape. His Excellency underscored the emirate's transformation into a global platform for knowledge-based industries and future-defining technologies. His Excellency Shihab Al Faheem, Ambassador of the United Arab Emirates to Japan, reaffirmed the deep-rooted ties between the two nations and highlighted shared values of pragmatism, foresight and mutual respect as pillars of a robust, forward-looking partnership. The Ambassador emphasised the importance of collaboration across emerging fields, such as smart infrastructure, sustainable urban development and AI-powered healthcare. During the forum, ADIO signed several strategic agreements to accelerate Japanese investments into Abu Dhabi and strengthen commercial cooperation. ADIO partnered with ITOCHU Corporation, a leading Japanese general trading company, to support the expansion of its portfolio companies into Abu Dhabi. Meanwhile, an agreement with Mizuho Financial Group, one of Japan's predominant bank holding companies, aims to expedite investor access to opportunities across the emirate's priority sectors. His Excellency Badr Al-Olama, Director General of ADIO, said: 'ADIF Japan marks a significant step forward in deepening the economic partnership between Abu Dhabi and Japan. With a business environment defined by its stability, agility and forward momentum, Abu Dhabi offers Japanese investors a trusted platform to grow and scale with confidence. This forum lays the foundation for more dynamic partnerships, poised to unlock long-term value for both economies.' The UAE has been Japan's leading Gulf trading partner for over a decade, with non-oil bilateral trade reaching $17.7 billion in 2024. Over the past five years, the UAE's investments in Japan have more than doubled, ranking the country among Japan's top investors, while the UAE attracts over 80% of Japanese investments in the Middle East.
Al Etihad
12-05-2025
- Business
- Al Etihad
ADIO and ITOCHU Corporation partner to scale investments into Abu Dhabi's high-growth economy
12 May 2025 10:09 ABU DHABI (ALETIHAD)Abu Dhabi Investment Office (ADIO) and ITOCHU Corporation (ITOCHU), one of Japan's most prominent trading and investment firms, have entered a strategic agreement to support the expansion of ITOCHU's portfolio companies into Abu during the Abu Dhabi Investment Forum (ADIF) in Tokyo, the partnership aims to facilitate the market entry and scale-up of ITOCHU's portfolio companies in Abu Dhabi's priority sectors, including advanced manufacturing, agri-tech, clean and renewable energy, healthcare, information and communications technology (ICT), and logistics. The collaboration will also identify opportunities for co-investment and the joint ventures with Abu Dhabi investors that drive innovation and sustainable economic growth across the portfolio companies will benefit from tailored, end-to-end support by ADIO to establish and expand their operations in Abu Dhabi. In parallel, the collaboration will foster knowledge exchange initiatives and capacity-building programmes designed to accelerate the development of Emirati talent and resilient value chains across the emirate's priority agreement builds on ITOCHU's growing role in advancing industrial innovation and supporting the UAE Net Zero 2050 strategic initiative. In 2023, the company partnered with EMSTEEL Group and AD Ports Group to enter into a feasibility study for an integrated low-carbon iron supply chain in Abu Dhabi, reinforcing the emirate's leadership in sustainable industrial Al Olama, Director General, ADIO said, "Our collaboration with ITOCHU reflects the confidence of investors in Abu Dhabi as ambition for a global platform for growth. We are connecting ambitious Japanese investors with opportunities emerging across Abu Dhabi's priority sectors. More broadly, this partnership bolsters the strength of cooperation between Japan and Abu Dhabi's private sectors, transforming alignment into action for long-term partnership."Kenji Otsuka, CEO for Middle East Bloc, ITOCHU Corporation, said, "Abu Dhabi presents a compelling platform for expansion, combining progressive regulations, advanced manufacturing and a clear vision for sustainable economic development. Through this partnership, we aim to support our portfolio companies in capturing the opportunities Abu Dhabi offers across critical sectors while enabling ITOCHU to deliver tangible growth for our partners and contribute to the success of Abu Dhabi's economic transformation." The partnership reflects the ADIF's critical role in facilitating strategic collaboration and economic development. By convening global leaders, investors and family offices, the fourm provides a platform for the formation of impactful partnerships that foster innovation, strengthen economic ties and create mutually beneficial opportunities that support long-term growth. Aligning global investment with strategic priorities across innovation and advanced industries, the ADIO–ITOCHU partnership is set to play a pivotal role in accelerating the emirate's economic diversification and growth.
Yahoo
20-02-2025
- Business
- Yahoo
Technologent Announces Capital and Business Partnership with ITOCHU Corporation to Drive Innovation and Growth
IRVINE, Calif., February 20, 2025--(BUSINESS WIRE)--Technologent, a US based IT services provider that offers comprehensive solutions ranging from system integration to maintenance and managed services announced today that ITOCHU Corporation (hereinafter "ITOCHU"; Keita Ishii, President & COO; headquartered in Minato-ku, Tokyo) has agreed to invest in Technologent through ITOCHU International Inc. (Naohiko Yoshikawa, CEO; headquartered in New York). "This joint venture with ITOCHU is a true testament to Technologent's organic growth and success over the last 20 years. Our organization looks forward to working with the ITOCHU team as we endeavor to fortify our joint client development, broader solution offerings and build further robust vendor relations, creating a stronger, more competitive partnership," said Marco Mohajer, Technologent's President. Technologent is a global provider of information technology solutions to a wide range of industries, including finance and healthcare, with a strong focus on Fortune 500 companies. Combined with service provider solutions, financial and professional services, Technologent offers specializations relevant to modernizing environments through leading advanced technologies including artificial intelligence (AI), cybersecurity, modern cloud and digital automation. Following the privatization of ITOCHU Techno-Solutions Corporation (Tatsushi Shingu, President & CEO; headquartered in Minato-ku, Tokyo) in 2023, ITOCHU identified the critical need to expand their business practices into the North American IT services market, ultimately identifying Technologent as the partner of choice. With this venture, ITOCHU plans to increase and develop their foundation through Technologent's well established business platform, enabling both Technologent and ITOCHU to spur productivity, innovation and growth. View source version on Contacts Lee Yates - Digital Marketing ManagerTechnologent Office: (949) Sign in to access your portfolio
