Page 151 - MOE ENGLISH PR REPORT - JANUARY 2024

1/31/24, 9:28 AM UAE, UK explore opportunities to strengthen economic partnership - Eye of Dubai

UAE, UK explore opportunities to strengthen economic partnership

In a bid to enhance economic ties between the UAE and the United Kingdom, Abdulla bin Touq Al Marri, Minister of Economy,

recently met with Greg Hands, British Minister of State (Department for Business, Energy Industrial Strategy). The bilateral
meeting explored new opportunities for economic and investment cooperation, as well as new avenues for deepening
collaboration at the private sector level.

The meeting took place during a UAE delegation's visit to the UK to participate in Investopia London, which will be held on
January 31, 2024. The event, organised by Investopia, will bring together over 200 participants, including the UAE and UK
leaders, businessmen, investors, and entrepreneurs.

Bin Touq emphasised that the UAE-UK relations serve as a prime example for advanced strategic ties and exceptional
economic partnership, thanks to the visionary leadership in both countries. He highlighted the UAE's commitment to
strengthening economic cooperation with the United Kingdom, particularly in emerging sectors that drive the transition

towards the future economy. These sectors hold significant importance since both nations share common visions and
economic strategies aimed at driving expansion and investment in these future sectors.

The minister said: “The meeting marks a significant milestone in boosting efforts to explore more opportunities and broaden

the scope of existing cooperation between the UAE and the UK, particularly in relevant economic sectors. The UAE has a vital
role as the UK’s primary economic partner in the region, thanks to its strategic geographic location. Likewise, the UK serves as
a promising economic hub for UAE businesses in Europe.”

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