UK businesses set to expand in the UAE
by Safura Rahimi on Thursday, 01 March 2007
Fifteen businesses from south west England are set to visit Dubai from 11-17 March in a bid to identify opportunities and partnerships in the region, according to a report.
The delegates, from a variety of business sectors, are arriving in Dubai and the Northern Emirates as part of a trade visit organised by UK Trade & Investment, the British Government's support service to companies wishing to internationalise their businesses.
UK Trade & Investment has recently given a priority status to the UAE in a move to mark the region's importance in the global market.
The delegation is led by senior international trade adviser Nick Field, who has brought business visitors excited by the prospect of Dubai's desirable "can do" attitude to the region in the past.
"Businesses recognise that they need to commit long term to a market, and an official delegation such as this is the best platform to start from," he said.
In an exclusive interview with Construction Week magazine on Saturday, Nick Dutt, chairman and CEO of the British Business Group said the region's expanding outlook is promising for UK business.
"There is tremendous opportunity, but a lot of companies are setting up here because of the lifestyle that Dubai has developed, with the view to basing their operation here and then spreading afield," he said regarding the UK's recognition of Dubai's wider business scope.
"It is perceived as a good, safe destination, although it is getting more expensive."
South west England is home to businesses of all types, although it has particular strengths in healthcare, automotive, education, food and drink and marine.
READERS' COMMENTS
MORE FROM ARABIANBUSINESS.COM
TOP IN MIDDLE EAST BANKING & FINANCE
TOP MIDDLE EAST BUSINESS STORIES
ALSO IN MIDDLE EAST BANKING & FINANCE
LATEST MIDDLE EAST BUSINESS NEWS
- Politics & Economics: Lebanon marks 65 years of independence
- Energy: Turkish pipeline to reopen in one week
- Banking & Finance: Citi in talks with gov't as share price nosedives
- Financial Markets: Saudi stocks plummet as oil drops below $50
- Construction & Industry: Indian textiles sector to lose 500,000 jobs
RELATED STORIES
British Business Group
- UAE, UK boosting business ties
15 Jul '07 | News - Prince Andrew hails UAE 'beacon of stability'
12 Jul '07 | News




