London – Dubai, October 12, 2021 (WAM) – The United Arab Emirates-British Business Council hosted its 19th full session in Dubai today. The event was hosted by the Mohammed bin Rashid Space Center at the Emirates Aviation Training Academy in South Dubai, and was hosted by UAE Minister and Head of Abu Dhabi Global Markets Ahmed Al Sayek and Lord Woodney
The event comes three weeks after the arrival of Sheikh Mohammed bin Saeed bin Sultan Al Nahyan, Crown Prince of Abu Dhabi and Deputy Commander-in-Chief of the United Arab Emirates Armed Forces, during which the partnership for the future was implemented. It aims to further expand bilateral economic relations in areas such as technology, education, health, life sciences and clean and renewable energy. Meanwhile, the Sovereign Investment Partnership between Mubadala and the British Investment Office has invested an additional 9 billion yen in the technology, infrastructure and clean and renewable energy sectors, as promised earlier this year. .
In light of these developments, the Business Council discussed how to strategically align its priorities, events and campaigns with the proposals contained in these agreements, and agreed to restructure the working groups and prepare a new strategy. Early next year. To increase the support that the Business Council can provide to implement these proposals.
2021 marks the tenth anniversary of the founding of the Business Council, which in the coming year will be renowned as a leading think tank organization. Respective governments. .
Ahmed al-Sayyik commented: “This public meeting comes at a unique moment for trade and investment relations between the United Kingdom and the United Arab Emirates. A joint agreement for the future in the years to come.”
Lord Adney Lister commented: “Our future business relationship will be driven by innovation, technology and investor-friendly environment in both markets. Realization of a partnership for the future and a sovereign partnership for full investment.”
Mansour Abulholl, Ambassador of the United Arab Emirates to the United Kingdom, said: “The United Arab Emirates and the United Kingdom are still benefiting from a growing historical partnership. Various sectors – from clean energy and life sciences to education and culture. I commend the UAE-UK Business Council for playing a key role in ensuring benefit — ultimately contributing to a sustainable future for all.
Patrick Moody, the British Ambassador to the United Arab Emirates, said: Last month the Prime Minister and His Excellency Sheikh Mohammed bin Saeed Al Nahyan launched a new historic contribution to the future between our two countries. Closer – to meet global challenges and improve the prosperity and security of our citizens. Our business relationship has always been at the center of bilateral relations, with more than 5,000 British companies in the United Arab Emirates. Our government wants to strengthen these ties. The UK-UAE Business Council is playing a key role in uniting our key businesses to enable this at the B2B level, and will report to our Government at our Joint Economic Council meeting later this month. ”
Saipan Penny, Ambassador of the United Kingdom in Dubai and Trade Commissioner for the Middle East, said: “One week before the Joint Economic Commission (JEC) meeting, UUBC is the perfect time to learn about all the wonderful things that have been done between our Governments and our companies over the past year. And an expansion of the Sovereign Investment Partnership between the United Kingdom and the Government of the United Kingdom during the recent visit of His Highness Sheikh Mohammed bin Saeed Al Nahyan to the Government of the United Kingdom. Strengthens trade and investment ties. ”
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