Arab News

British delegation in Riyadh for Saudi-UK economic conference

Agreements expected to be signed in education and training, tourism and property developmen­t

- Lama Alhamawi

More than 400 delegates from the UK are in Riyadh for the opening on Tuesday of a major conference to enhance economic relations between Saudi Arabia and Britain.

The event aims to boost cooperatio­n in sectors such as tourism, culture, education, health, sports, investment, trade and financial services. Agreements are expected to be signed in education and training, tourism and property developmen­t.

“Over the next two days, senior leaders from both our kingdoms will forge partnershi­ps that span our economies, from cultural institutio­ns to cuttingedg­e technologi­es,” the British

Ambassador to Saudi Arabia, Neil Crompton, told Arab News. “These partnershi­ps build on existing bonds in the fields of security and energy. The UK is committed to playing its part in the transforma­tional Vision 2030.”

The ambassador said the embassy would host a British delegation comprising representa­tives from 400 companies.

“I am looking forward to meeting athletes, artists, celebritie­s, and entreprene­urs from both our kingdoms,” he said. “I would like to extend my thanks to our partners in the Saudi government for cooperatin­g with us on this joint project.” The conference will host 800 participan­ts from the public and private sectors in both countries. It is part of the Saudi-British Strategic Partnershi­p Council, co-chaired by Saudi Crown Prince Mohammed bin Salman and British Prime Minister Rishi Sunak, whose deputy Oliver Dowden will represent the UK. The conference was “an important opportunit­y to build partnershi­ps between the business sectors of both countries, keeping pace with the future, innovation and creativity,” Dowden said.

“It also allows British companies to familiariz­e themselves with relevant business regulation­s, incentives, and advantages for conducting business in Saudi Arabia.”

 ?? ??

Newspapers in English

Newspapers from Saudi Arabia