Vertix Holdings, an Abu Dhabi-based diversified business conglomerate, has signed a Strategic Memorandum of Understanding (MoU) with the European Emirati Business Council.
This partnership will boost institutional collaboration and support entrepreneurship, capacity building, and to establish a strategic framework for cooperation covering the provision of professional and financial services, joint training programs, workshops, and development sessions in the areas of accounting, mergers and acquisitions, financial and forensic audits, taxation, compliance, and risk management through its subsidiary Vertix Auditing, a leading audit & advisory firm in the UAE.
According to Industry sources, the MoU was signed by Mr. Amer Al Ahbabi, Chairman of Vertix Holdings, and Antonio Rotondo, Chairman of the European Emirati Business Council (EEBC).
Industry sources further emphasised that this partnership in turn will boost the investment flow and also expands the trade corridor between the UAE and Europe
Amer Al Ahbabi, Chairman of Vertix Holdings, stated “The on-ground cooperation between the private sector, entrepreneurs, business leaders and economic institutions of the UAE and Europe will create more opportunities for all of us. Vertix Holdingsโ initiative to extend cooperation with the EEBC will bring the UAEโs private sector organisations, businesses, entrepreneurs, start-ups and business leaders closer โ so that they can benefit from the opportunities of the CEPA โ when it becomes a reality.”
Antonio Rotondo, Chairman of EEBC, said,ย โEurope is the second largest trading partner of the UAE. European Union is keen to expand economic collaboration with the UAE and the private sectors of both the economies need to forge more meaningful cooperation in order to accelerate this. Our MoU withย Vertix Holdingsย will help us achieve this objective.โ
Industry sources added that this partnership also includes collaboration on business forums and community engagement initiatives, strengthening connections between regional and international business networks, and exploring opportunities to organize Europe-based economic and business events. This collaboration supports the expansion of international partnerships and reinforces the UAEโs position as a global hub for business and innovation.
Industry sources further added that both the parties stressed on that the MoU reflects their shared commitment to supporting the business ecosystem, empowering entrepreneurs, and promoting governance and sustainability principles in line with the UAEโs economic and development vision.
Industry sources further confirmed that the EEBC seeks to provide businesses with tailored strategic support, customized services, and access to an international network. It also aims to facilitate dialogue and collaboration between institutions, government entities, and diplomatic representatives, thereby strengthening economic, cultural, and political ties between the two regions.
Industry sources further confirmed that built on pillars of innovation, transparency, professionalism, and a personalized approach, the European-Emirati Business Council is a direct response to the needs of an increasingly interconnected and globalized economy. It positions itself as a reference point not only for companies but also for institutions and diplomatic representatives, fostering sustainable development and promoting meaningful international relations between Europe and the UAE.
