UAE: UAE Economic Delegation in the UK to Boost Fintech Sustainability and Competitiveness

A UAE economic delegation is in the UK this week looking to explore opportunities for collaboration and partnerships in various sectors, including fintech, innovation, new economy, and circular economy.

This visit signifies the strengthening economic ties between the UAE and the UK, with a particular focus on the fintech sector as a key driver of future economic growth.

Led by H.E. Abdulla bin Touq Al Marri, Minister of Economy and chairman of Investopia – a global ecosystem initiated by the UAE Government, designed to drive global investments, generate growth and accelerate innovation – the delegation aims to support the competitiveness and sustainability of the two countries’ economies.

The UAE and the UK have witnessed significant growth in all areas of cooperation over the past years. Against this backdrop, Investopia London will create new investment opportunities that support the two countries’ vision of expanding the fintech sector to be one of the key pillars of the future economy.

Future partnership
The visit will also include the launch of the second edition of Investopia Global Talks in Europe – Investopia London, with the theme ‘UAE-British Financial Services: Partnership for the Future,’ scheduled for 31 January.

The event will feature four sessions exploring promising investment opportunities and sharing the latest experiences and practices in the fintech sector. It will encourage the international business community to explore and expand to this vital sector, in addition to facilitating dialogue on global trends for investment in fast-growing sectors and activities, particularly clean energy and the green economy.

The event is expected to have more than 300 attendees, including leaders, entrepreneurs, investors, and economists from around the world.

During the visit, H.E. Bin Touq will hold several bilateral meetings with British government officials and ministers, including those with Greg Hands, Secretary of State for Trade Policy at the UK Department of Business and Trade; and Bim Afolami, Economic Secretary to the Treasury.

The meetings will explore promising investment opportunities and maximise benefits available for the UAE and British private sectors in order to serve the development of both economies, plus signing of a series of memorandums of cooperation between the two countries in the technology and financial services sectors.

13 August 2024

UAE: Strengthening UAE anti-money laundering laws key to tackling evolving threat

The UAE’s amended anti-money laundering laws signal a “transformative shift” in the country’s approach to financial crimes and shows authorities are not “resting on their laurels”,

Read More
1 March 2024

UK: Complex offshore tax avoidance scheme revealed by HMRC

A complex tax avoidance scheme that moves income offshore has been exposed by HM Revenue and Customs (HMRC) today (29 February 2024), with anyone who has joined the arrangement warned to get out of

Read More
20 May 2024

HONG KONG: Hong Kong’s family office measures succeed in attracting global interest

Hong Kong’s tax breaks and immigration policies to attract tycoons to set up family offices have been quite successful, as they have piqued the interest of many billionaires over the past year,

Read More
20 August 2024

EU: ECJ VAT hearings transferred to General Court

1st October 2024: Preliminary hearings of certain VAT, excise and customs cases redirected to General Court The EU Parliament and Council of the EU have agreed to that VAT cases may initially be heard

Read More