UAE and UK set to sign multibillion-pound clean energy and tech investment deals

UAE and UK set to sign multibillion-pound clean energy and tech investment deals

The United Kingdom expects to sign multibillion-pound investment deals with the UAE in clean energy and infrastructure as it looks to deepen its trade and investment ties with the Arab world's second-largest economy, its trade commissioner for the Middle East said.

The UK is also looking to finalise details of investments into its technology sector that may also reach £1 billion ($1.38bn), Simon Penney told The National in an interview.

Britain's Office for Investments, an agency set up this year to promote and channel investments into the UK, expects to get more clarity on the size and scope of potential deals and how