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DUBAI / WAM
A delegation from the Dubai Investment Development Agency has recently discussed new opportunities and changing business landscape in the emirate with select investor groups, law firms and consultants in the United Kingdom.
Officials from Dubai FDI, an agency of the Department of Economic Development in Dubai, along with partners specialising in company formation, interacted with senior business executives and investors across a series of meetings in London. Legal and policy reforms as well as initiatives being implemented in Dubai to enhance competitiveness and the ease of doing business were the focus of the discussions. “Relations between the UAE and the
UK have remained dynamic while also firmly rooted in history.
Our ties extend to all spheres: people-to-people, government-to-government and business-to-business. Both countries are looking at a bilateral trade target of around AED120 billion for 2020 and the UAE’s ambitious push towards a knowledge economy now present unprecedented opportunities,†said Fahad Al Gergawi, CEO of Dubai FDI who led the mission to UK.
Trade between Dubai and the UK was worth AED29.7 billion in 2015 and the country is one of the top source countries for foreign direct investment into the UAE. Dubai FDI highlighted the ambitious infrastructure projects being launched as the city gears for the Expo 2020 Dubai.