Mubasher: Qatar’s investments in the UK reached GBP 38.5 billion ($50.37 billion), Lord Mayor of London Charles Edward Beck Bowman (Alderman) said.

“Qatar represents a natural regional partner for British businesses looking to expand internationally,” Alderman said.

The Gulf nation has recently invested GBP 3.5 billion in the UK, representing 70% of Qatar’s new investments in the European nation amounted to $5 billion, Alderman added on the sideline of the Qatar British Business Forum.

“There are huge opportunities for collaboration between the UK and Qatar, and trade and investment already amount to $8bn a year” Alderman noted.

Both parties are working on enhancing cooperation in the field of economy, trade, and investment.

Moreover, UK is planning to expand cooperation in five main points topped by the reinsurance sector, and help Qatar to achieve its vision 2030 and its projects for the World Cup 2022, Alderman noted.

Source: Mubasher

All Rights Reserved - Mubasher Info © 2005 - 2018 Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.