GCC-UK Trade Summit 2021 gives new impetus to bilateral trade and investment

GCC-UK Trade Summit 2021 gives new impetus to bilateral trade and investment

High-profile investors and experts from the United Kingdom and the Gulf region met virtually yesterday to explore investment opportunities and discuss ways to boost bilateral trade at the GCC-UK Trade Summit 2021. With the objective of charting a new era in bilateral trade relations, the GCC-UK Trade Summit 2021 is positioned to become the most prestigious forum for businesses and investors from the two regions to connect with each other, exchange ideas and experiences, identify opportunities for investment, and forge strategic partnerships. The Gulf region accounts for as much as $50.8 billion out of the estimated $57.2 billion annual trade between the UK and the Middle East. By bringing together high-profile investors and experts from the two regions, the GCC-UK Trade Summit set out to further strengthen bilateral trade and investment ties and catalyze a new era of collaboration between the United Kingdom and the Gulf region. Abdulaziz Almugyteeb, Group CEO of "add", said, "By bringing together investors and experts from diverse industry sectors on a common platform to discuss opportunities and build new relationships, the GCC-UK Trade Summit aims to lay the groundwork for trade and investment ties between the two regions to be taken to the next level."