ArabianBusiness.com - Middle East Business News
Saturday, 22 November 2008 19:57 UAE time

YOUR DIRECTORY /

Print this page Print this page | Email this to a friend Email this to a friend | Discuss this article (0 Comments) |

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.

Story continues below
advertisement

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.

Print Print | Email Email | Discuss this article |


READERS' COMMENTS



Click here to post a comment


Add your Comment
All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic.
Name *
Remember me on this computer
Email *
(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments
Security Code * Code


Please click post only once - your comment will not be published immediately.


MORE FROM ARABIANBUSINESS.COM

 EMAIL ALERTS

  1. British Business Group

  2. Banking & Finance


EMIRATES ID DOWNLOAD

READER COMMENTS

  1. Lenders ramp up interest rates on home loans 1
    21 Nov ' 08 at 21:41
    All over, they are lowering interest rates. If they increase rates here and try to fleece those who trusted in them, it's a good reason...  More »
  2. Saudi prince ups stake in US banking giant 1
    22 Nov ' 08 at 11:39
    I spoke too soon...yesterday Citigroup traded below $4 a share. Hopefully after the Prince made his announcement he did not jump in a...  More »
Read all user comments >

BUSINESS FEATURES

Sukuk and the city

The City of London has had a rough time recently, but for the city's Islamic financiers, outlook looks rosier.

The new colour of Islamic money

Islamic banks are moving to centre stage as they bid to take market share from conventional lenders.

Banks hoard Fed cuts

Regional mortgage lenders are refusing to pass falling US interest rates on to customers in the emirates.

BUSINESS INTERVIEWS

Comeback kids

Arabian Business talks to Unicorn's CFO to discover why Islamic finance is now in higher demand than ever.

Noor goes moor

Noor Islamic Bank CEO Hussain Al Qemzi plans to take the fledgling bank across the Gulf and around the world.

Why there's life after Lehman

As global markets go into freefall, where will sovereign funds be looking next? Makram Azar explains.

MORE FROM ARABIANBUSINESS.COM