UAE and UK Business Council announces new initiatives

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UAE

The UAE-UK Partnership primary  aims to expand the bilateral economic relationship any in sectors akin to technology, education, healthcare, and clean and renewable energy, with a stress on the 2 countries operating along to deal with international challenges. The Sovereign Investment Partnership between Mubadala and the kingdom workplace for Investment has created significant investments within the technology, infrastructure, and clean and renewable energy sectors in the kingdom over the last year and plans to sustain this momentum of engagement over the rest of the 5-year programme.

The Business Council proclaimed it'll support the Cherie statesman Foundation for ladies because it invitations additional UAE-based business leaders to mentor women entrepreneurs in least developed countries. The a hundred,000 girls Programme has already secured the participation of over 100 business leaders in the UAE, and it plans to scale this over the year ahead. Cherie Blair announced the new partnership with the Business Council in a oratory at the comprehensive.

The importance of advancing decarbonisation was mentioned at the meeting, and Majid Al Suwaidi, Director-General of the COP28 UAE Presidency, briefed council members on the priority themes of COP28, which is able to manifest itself at assemblage town Dubai in Nov 2023.

In support of this, the Business Council’s Energy Transition report was launched at the Plenary Meeting to stipulate proposals for bilateral cooperation on energy transition. The paper are going to be submitted to each governments for thought later this year. a replacement project on opportunities for UK-UAE collaboration on the decarbonisation of the designed setting was conjointly announced.

Ahmed Al Sayegh commented, “The Partnership for the longer term and therefore the Sovereign Investment Partnership have both delivered important outcomes in the year since they were launched, and the comprehensive has given United States of America the chance to think about wherever our priorities ought to lie over the years ahead. With one year to travel till COP28, sustainability, decarbonisation, and the energy transition can gift significantly sturdy opportunities for collaboration between the UAE and therefore the UK.”

Lord Udny-Lister commented, “Our bilateral trade and investment relationship is changing into progressively diverse, and new opportunities for collaboration are rising in sectors that are made in technology and innovation. The role of the UAE-UK Business Council is to develop and share data on these trends in order that the nice potential unleashed by The Partnership for the longer term and the Sovereign Investment Partnership will berealised”.


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