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Lord Mayor seeks further links with UAE

posted on 08/02/2010: 823 views


The Lord Mayor of the City of London Nick Anstee is leading a major business delegation to the United Arab Emirates (7-9 February 2010) as part of a longer visit to the Gulf region.

While on the visit Mr. Anstee will underline the UK's commitment to the UAE and the Gulf and highlight investment opportunities between both regions, the City of London said in a press release.

Lord Mayor Nick Anstee said: "London remains a leading financial centre and although events over the past year have shaken financial markets London is making a good recovery with equities, foreign exchange, insurance, marine and commodities trading moving ahead.

We of course continue to welcome investment from UAE companies and on this visit I will be encouraging UAE-based financial institutions to look to London as a partner to raise capital and do business.

"Our relationship with the UAE remains a critically important one and on this visit I hope to build on that relationship." The Lord Mayor will travel with a large business delegation which includes senior representatives of investment banks, asset managers, insurers and law firms. He will meet with policy makers, finance chiefs and business leaders during his visit. - Emirates News Agency, WAM

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