London,
21
January
2015
|
09:00
Europe/Amsterdam

Lord Mayor strengthens financial trade with Oman

The Lord Mayor of the City of London, Alderman Alan Yarrow, will be visiting Oman from 21-24 January as part of efforts to ensure London and the UK remains the regional partner of choice when it comes to financial and professional services.

Acting as ambassador for the UK’s financial and professional services, Lord Mayor Yarrow will be meeting senior members of the government, the Central Bank of Oman, investment authorities and senior business leaders. Topics for discussion include investment opportunities between the UK and Oman, infrastructure projects, financial technology, Islamic Finance initiatives and bilateral commercial relationships.

The Lord Mayor, will be joined by a wide ranging business delegation from the UK which includes senior representatives from investment banks, asset managers, insurers and law firms.

Speaking ahead of his trip, Lord Mayor Yarrow said:

“The UK remains committed in developing our economic relationship with Oman. As the country continues with their ambitious infrastructure plans and presses ahead with diversifying their economy, the UK stands ready to support Oman.

“Our financial and professional services firms have a wealth of expertise and experience in a wide range of financing options which can help the two-way flow of capital. I hope that this closer economic relationship means that the UK remains the partner of choice for Oman on the global financial stage.”

On top of his various business meetings the Lord Mayor will also attend a reception hosted by the Oman British Friendship Association. The visit to the Oman forms part of wider 12-day visit to the Gulf from 16 – 28 January.