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3/20/25, 8:40 AM UAE is a 'hugely important economy' for UK, minister says | The National

“We are very confident that the UK has a leading international financial centre, second only to New York,

that we continue to deepen the liquidity of our capital markets. Our stock exchange in London last year
raised more capital than the next top three European exchanges put together," Ms Reynolds said.

"So we're very focused on ensuring that the UK goes from strength to strength, and we'll do that within
the international framework … and we will continue to work with international partners here in the Gulf

and elsewhere to ensure that we have the best global economic conditions for that.”

Last year, the Abu Dhabi investment and holding company ADQ issued its inaugural $2.5 billion bond,

which has a primary listing on the LSE and a secondary listing on the ADX. The dual-tranche bond
included five and 10-year tenors and was oversubscribed more than 4.4 times.

The trade and investment ties between the two countries are growing, with majority of the UK firms in
the region choosing the UAE to set up their headquarters and operate in the wider region, Ms Reynolds

said.

“We already have fantastic investments from this country in our clean energy, in tech, in football as well.

So really, already, we have that close partnership and lots of UK firms are based here, which we think is a
win-win situation.”

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