Riyadh witnessed the launch of a forum for business opportunities in the Gulf and the United Kingdom
Sunday – 17th Al-Qaeda 1442 A.H. – 27 June 2021 AD. Release number. [
Riyadh: «Middle East
Tomorrow, Tuesday, the Saudi capital, Riyadh, will host the Gulf Trade Summit and the United Kingdom 2021. .
The forum – which is almost ongoing – aims to promote bilateral trade and facilitate foreign direct investment between the Gulf countries and the United Kingdom, providing a platform for companies to expand into new markets and explore opportunities for cooperation.
This year’s forum focuses on the current economic diversification efforts at the GCC, investment in the UK, foreign investment opportunities induced by large-scale tourism and infrastructure projects in the Gulf region, sustainable growth and the economy.
According to a statement released yesterday, the forum focuses on restoring economic and trade relations between the Gulf region and the United Kingdom at a time when the Gulf Cooperation Council countries are seeing rapid growth and massive economic diversification. The region accounts for about $ 50.8 billion in total annual trade. $ 57.2 billion between the UK and the Middle East.
The Forum seeks to enhance bilateral trade and investment relations between the Gulf Cooperation Council countries and the United Kingdom as it is expected to serve as a platform to usher in a new era of cooperation between the two regions by bringing together key investors and exporters. In addition to service providers and key decision makers in the private and public sectors, there are consultants and experts at one point.
The forum provides updates on the most important projects currently underway in the Gulf Cooperation Council countries, explores ways to develop technological capabilities and collaboration networks for entrepreneurs, and discusses opportunities to stimulate bilateral trade and investment in the coming period.
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