London,
25
January
2015
|
08:00
Europe/Amsterdam

“UAE visit to build stronger economic relationship with the UK”: Lord Mayor of London

The Lord Mayor of the City of London, Alderman Alan Yarrow, will be visiting the United Arab Emirates from 24-26 January helping make sure that 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 heading to Dubai and Abu Dhabi where he will be meeting Members of the ruling families, senior members of the government, the Governor of the Central Bank, investment authorities and senior business leaders.

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:

“Bilateral relations between the United Arab Emirates and the UK have never been stronger. As the country looks to diversify their economy, the UK stands ready and willing to support the UAE with their ambitious plans.”

“Our financial and professional services firms across the UK 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 the UAE on the global financial stage.”

On top of his various business meetings the Lord Mayor will give a speech at an Institute of Chartered Accountants in England and Wales event at Emirates Tower and an address at a Cass Business School reception on the merits of education, training and qualifications. The visit to the UAE forms part of a wider 12-day visit to the Gulf from 16 – 28 January.

Notes to editors

About the Lord Mayor of the City of London

  • The Lord Mayor is head of the Square Mile’s City of London authority for one year and the position is unpaid and apolitical. It is an exceptionally demanding role. The Lord Mayor spends some 90 days abroad and addresses some 10,000 people face-to-face each month (making around 800 speeches a year). The Lord Mayor represents City businesses and helps the City Corporation advise the Government of the day on what is needed to help the financial services sector to function well. The Lord Mayor frequently travels to represent the City; and travels overseas with the status of a Cabinet Minister. The Lord Mayor meets several international Heads of Government and Business each month to discuss financial services, often in conjunction with senior City business representatives. The Lord Mayor lives in the Mansion House for the Mayoral year.