The UAE UK Business Council was established in 2011 as a not-for-profit organisation to develop business relations and increase trade between the UAE and the UK. The Business Council hit its original target to increase bilateral trade to £12bn by 2014 and we are now looking to broaden our mandate to support growing areas of bilateral opportunity and increase bilateral trade to £25bn.
We have identified financial services and fintech, education and professional development, life sciences, green energy and A.I. as additional priorities for the Business Council. The development of these sectors is also a key priority for our respective Governments, who recognise them as future economic engines that will deliver significant skilled employment and international trade opportunities.
Our priority as co-chairs is to establish platforms for a broader range of companies to participate in the UAE – UK trade relationship. Greater investment, collaboration, and knowledge-sharing between the UK and the UAE can only benefit both our economies in the long term.