29/01/24

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

As published on: thefintechtimes.com, Monday 29 January, 2024. 

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.

Tags

UAE UK FinTech Sustainability