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Sun 30 Dec 2018 02:25 PM

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Former UAE banker, trade body chairman to receive OBE

Richard Oliver was named in the 2019 UK New Year's Honors list and will be honored at a ceremony at Buckingham Palace in 2019

Former UAE banker, trade body chairman to receive OBE
UAE-based British businessman and executive Richard Oliver is to be awarded an OBE, in the New Year’s Honours list announced by the UK government.

UAE-based British businessman and executive Richard Oliver is to be awarded an OBE, in the New Year’s Honours list announced by the UK government.

Oliver was formerly a chairman of the British Business Group, a UAE-based non-profit organisation that works to boost trade ties between the UK and the UAE by bringing together small and medium sized business in both countries.

Previously, he had served at HSBC as well as the National Bank of Abu Dhabi. He currently serves as treasurer at The British School Al Khubairat in Abu Dhabi.

Oliver has been named “for services to the British community and British business in the UAE,” according to the announcement on the UK Department of International Trade’s website.

His name accompanies others such as Harper’s Bazaar US Editor-in-Chief Glenda Bailey who were named for “truly exceptional and outstanding service to international trade and exporting.

The awardees will be honored at a ceremony to be held at Buckingham Palace in England in 2019.

Speaking to The National he said making the list was a “tremendous honour.”


UAE-based British businessman and executive Richard Oliver

The UK’s total exports are at a record high, this year, rising 2% to £626 billion in the year to October 2018. With trade between the UK and the UAE growing past $22 billion in 2017, boosting ties remains an important commitment undertaken by both countries as the UK looks to increase exports as a proportion of GDP to 35% in the coming years.

“As an international economic department, we are committed to recognising the excellence of UK exporters and ensuring we continue to help businesses succeed in new, global markets,” said International Trade Secretary Dr Liam Fox MP.

“I am delighted that leading business people are being recognised for their exceptional contribution and service to international trade and exporting in this New Year’s Honours round. I congratulate everyone receiving an honour and thank them for their hard work in putting the UK on the global stage,” he added.

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