UAE and Britain to strengthen ties and build new partnerships

A UAE economic delegation led by Abdulla bin Touq Al Marri, Minister of Economy and Chairman of Investopia, will arrive in Britain next week to explore new opportunities for economic cooperation and build new partnerships at the government and private sector levels.

The discussions will focus on sectors such as fintech, innovation, new economy and circular economy, with an aim to support the competitiveness and sustainability of the two countries’ economies.

The visit comes within the framework of the growing economic ties between the UAE and the UK, which have witnessed significant growth in all areas of cooperation over the past years, thanks to the guidance and vision of both leaderships. Against this backdrop, Investopia London will create new investment opportunities that support the two countries’ vision of expanding the fintech sector to be one of the key pillars of the future economy. Investopia London to explore promising investment opportunities in fintech sector

The visit will witness the launch of the second edition of Investopia Global Talks in Europe - Investopia London, under the theme “UAE-British Financial Services: Partnership for the Future,” to be held on Jan.31, 2024.

The event will feature four sessions exploring promising investment opportunities and sharing the latest experiences and practices in the fintech sector. It will encourage the international business community to explore and expand to this vital sector, in addition to facilitating dialogue on global trends for investment in fast-growing sectors and activities, particularly clean energy and the green economy.

The event is expected to draw the participation of more than 300 attendees including leaders, entrepreneurs, investors, entrepreneurs and economists from around the world.

During the visit, Bin Touq will hold several bilateral meetings with British government officials and ministers, including those with Greg Hands, Secretary of State for Trade Policy at the UK Department of Business and Trade; and Bim Afolami, Economic Secretary to the Treasury.

The meetings will explore promising investment opportunities and maximize benefits available for the UAE and British private sectors in order to serve the development of both economies. The visit is also expected to witness the signing of a series of memorandums of cooperation between the two countries in the technology and financial services sectors.

Abdulla bin Touq Al Marri, Minister of Economy and Chairman of Investopia, announced the details of the upcoming edition of the Investopia summit, which will be held in Abu Dhabi on 28 and 29 of February, 2024, under the theme “Emerging Economic Frontiers: Investing in Fast-Growing Sectors in the New Economy.” It is set to draw the participation of a number of prominent local and international figures including investors, government officials, decision-makers, and entrepreneurs.

The announcement was made during a press conference held recently, in the presence of Investopia partners, and more than 75 officials and investors from the government and private sectors at the local, regional, and global levels. The press conference witnessed the signing of eight MoUs between Investopia and its prominent partners for the third edition, which includes the General Civil Aviation Authority in the UAE (GCAA), “SALT”, a global forum for entrepreneurship and investment, EFG Consulting, Standard Chartered Bank, the Confederation of Indian Industry (CII), and Citibank, who will collaborate in organising Investopia 2024.

Bin Touq said: “The Investopia summit is one of the most important projects of the UAE in transitioning towards the new economic model and stimulating investment in future economic sectors. The summit has succeeded in presenting a unique and innovative model for global investment events, and building partnerships with global institutions and companies. Investopia will continue its vital role as an influential player in the regional and international investment arena, generating opportunities in new economic sectors and strengthening the link between global business communities and the UAE, one of the fastest-growing global investment and trade hubs.”

Elaborating on the latest edition of Investopia, Bin Touq said that it focuses on three main themes: Global Dialogues, Investment Communities and Investopia Marketplace. Under the first theme, dialogue sessions and events will be organised with the participation of business leaders, investors and innovators from all over the world. They will discuss key topics that are shaping the global investment ecosystem strategies for risk capital transactions, job creation and growth potential for a low-carbon economy and the new generation of investment. Opportunities to expand into new economic sectors, particularly advanced technologies for the aviation sector, renewable energy, circular economy and modern technologies used in supply chains will also be discussed.